Latest in Apple

Image credit:

Analyst: The Mac isn't done growing yet

David Quilty

Granted, I probably could have told you this news without hiring a think tank, but now we know for sure; there is still plenty of room for Apple to continue to grow. With Apple's market cap now larger than Walmart's and market research firm IDC reporting that growth continued to expand in 2009, this latest report from The Toffler Associates says that Apple is poised to grab 10% more of the computer market than they already have, which currently stands at around 10% in the U.S. and 5% worldwide. With a projected one billion more computer sales over the next 4 years or so, Macs could see their market share grow quite nicely, thank you very much.

The study determines that companies will "increasingly follow the Apple/iPhone model of creating value, not by creating products, but by hosting the marketplace and charging to connect consumers to producers," so the growth of apps, streaming video, and cloud computing should continue to expand to more and more users around the world. Onward and upward!

From around the web

ear iconeye icontext filevr