Apple on its way to becoming a $200 billion revenue company

Apple can keep posting sales growth of more than 50% in the next two years as a mobile applications boom fuels demand for devices such as the iPad, says Forrester Research CEO George Colony, as reported by “Bloomberg” (http://macte.ch/q03v6).

Apple sold almost 15 million iPads in its debut year and more than 90 million iPhones in its four-year lifespan. Demand for the devices has spawned a market for downloadable apps that let users shop, work, play games and handle other tasks on the go, Colony says.

“They’ll be bigger than IBM next year, and they’ll be bigger than HP the year after that,” Colony said, citing Apple’s 52 percent sales growth last year. At current growth rates “they’re going to be a $200 billion revenue company.”