Apple recorded 52 percent revenue growth last year, and that is likely to be repeated through 2012 with demand for its iPad tablet and iPhone smartphone reaching record highs. Last year, Apple sold almost 15 million iPads and over 14 million iPhones in the last quarter. Analysts claim that by the end of this year, Apple’s sales could reach over $ 100 billion. If the growth rates continue, sales could hit $ 200 billion, which would put Apple ahead of HP in sales, who is currently number one in technology sales (Apple is number one tech company in market cap).
- source: Business Week
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