The death of Steve Jobs left many experts pondering the future of Apple. Many wondered if the company could sustain itself going forward.
Those concerns will surely be allayed with the announcement that Apple for the first time in 15 years has exceeded its share of the global PC market by over 5%. The current figure stands at 5.2% but what is staggering is the rate and consistency of growth that underpins the number. Apple has grown consistently for the past 22 consecutive quarters or roughly 5 years in total. This growth has been greater than predicted by analysts and Apple stands tall as one of the biggest names in the PC market.
Many fail to acknowledge that for few short weeks in the month of August; Apple was on course to become the world’s biggest tech company by market cap. It didn’t reach that milestone, but the fact it was in the running suggests that Apple’s overall numbers and standing is fundamentally sound.
Of course, much of this growth was managed under Jobs, and with him gone, the next few years will be quite telling. Will Apple sustain this level of growth? Only time will tell. There are lots of factors influencing growth in the PC market globally and while many would see Microsoft as that one defining factor, the threat of emerging technologies (Tablets for instance) pose a greater barrier to market share sustainability.
Do you think Apple can sustain its growth in market share? Share your views in the comments below.
Source: http://www.sitetrail.com/2011/11/22/apple-now-controls-5.2-of-the-pc-market/
Those concerns will surely be allayed with the announcement that Apple for the first time in 15 years has exceeded its share of the global PC market by over 5%. The current figure stands at 5.2% but what is staggering is the rate and consistency of growth that underpins the number. Apple has grown consistently for the past 22 consecutive quarters or roughly 5 years in total. This growth has been greater than predicted by analysts and Apple stands tall as one of the biggest names in the PC market.Many fail to acknowledge that for few short weeks in the month of August; Apple was on course to become the world’s biggest tech company by market cap. It didn’t reach that milestone, but the fact it was in the running suggests that Apple’s overall numbers and standing is fundamentally sound.
Of course, much of this growth was managed under Jobs, and with him gone, the next few years will be quite telling. Will Apple sustain this level of growth? Only time will tell. There are lots of factors influencing growth in the PC market globally and while many would see Microsoft as that one defining factor, the threat of emerging technologies (Tablets for instance) pose a greater barrier to market share sustainability.
Do you think Apple can sustain its growth in market share? Share your views in the comments below.
Source: http://www.sitetrail.com/2011/11/22/apple-now-controls-5.2-of-the-pc-market/