Close
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Menu
Search
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home IT Management
    • IT Management
    • Mobile
    • PC Hardware
    • Servers

    Apple Will Surpass HP, IBM: Forrester CEO

    By
    Nicholas Kolakowski
    -
    March 24, 2011
    Share
    Facebook
    Twitter
    Linkedin

      Apple will continue its robust growth for some time to come, according to the CEO of research firm Forrester.

      “They’ll be bigger than IBM next year, and they’ll be bigger than HP the year after that,” George Colony, who also founded the company, told Bloomberg. He predicted that Apple would eventually earn $200 billion in revenues, and post sales growth exceeding 50 percent through the next two years. Demand for the iPad and other Apple devices will fuel that expansion.

      However, he also warned that a permanent departure by CEO Steve Jobs could darken Apple’s rosy picture: “Remember, every two years, they have to fill that store with new stuff … without Steve Jobs as the CEO, I think it will be much harder for them to do that.”

      Apple continues to dominate the mindshare, if not the market, for many mobile devices such as tablets. While the company has not yet released official sales figures for its iPad 2’s first weekend of release, a selected number of analysts believe the company sold 500,000 to 600,000 units. In a March 8 research note, Piper Jaffray analyst Gene Munster predicted that the iPad 2 would sell 1 million units faster than its first-generation predecessor, which took 28 days to reach that particular mark.

      On March 14, the iPad’s first day of wide release, eWEEK toured three Apple stores in Manhattan and found similarly long lines at each. Across the country, Apple’s retail partners-including Best Buy, Walmart, Target, AT&T and Verizon-reported shortages and outright sellouts of the tablet.

      As demonstrated by this week’s CTIA conference in Orlando, however, Apple also faces growing competition in the devices and applications category. Many of the newer rivals, manufactured by companies such as Samsung and Motorola, come equipped with the new tablet-optimized Google Android 3.0 (code-named “Honeycomb”) operating system. In addition, the business tablet audience may gravitate toward Research In Motion’s BlackBerry-branded PlayBook tablet, a 7-inch device running a proprietary operating system.

      Devices such as the upcoming HTC Evo View 4G, the resized Samsung Galaxy Tab and LG Electronic’s G-Slate all boast powerful processors (dual-core, in many cases) and high-resolution screens. Paired with the growing number of applications and games available via the Android Marketplace, these devices all hope to carve away a piece of the tablet market.

      Despite their presence, however, research firm IDC expects Apple to maintain tablet market share of 70 percent to 80 percent in 2011, powered largely by the iPad 2’s performance. Forrester, it seems, also believes in Apple’s ability to maintain an aggressive presence.

      Avatar
      Nicholas Kolakowski
      Nicholas Kolakowski is a staff editor at eWEEK, covering Microsoft and other companies in the enterprise space, as well as evolving technology such as tablet PCs. His work has appeared in The Washington Post, Playboy, WebMD, AARP the Magazine, AutoWeek, Washington City Paper, Trader Monthly, and Private Air. He lives in Brooklyn, New York.

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      Chris Preimesberger - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      eWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Big Data and Analytics

      How NVIDIA A100 Station Brings Data Center...

      Zeus Kerravala - November 18, 2020 0
      There’s little debate that graphics processor unit manufacturer NVIDIA is the de facto standard when it comes to providing silicon to power machine learning...
      Read more
      Apple

      Why iPhone 12 Pro Makes Sense for...

      Wayne Rash - November 26, 2020 0
      If you’ve been watching the Apple commercials for the past three weeks, you already know what the company thinks will happen if you buy...
      Read more
      eWeek


      Contact Us | About | Sitemap

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Property of TechnologyAdvice.
      Terms of Service | Privacy Notice | Advertise | California - Do Not Sell My Information

      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×