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Analyst: Apple Could Double Or Triple Their Market Share In The Next Few Years

Analyst: Apple Could Double Or Triple Their Market Share In The Next Few Years

We all know that Apple is doing incredibly well. They’re experiencing record growth, they have more operating cash than the US government, and they’re well on their way to becoming the world’s most valuable company! One Wall Street analyst even suggests that Apple is on track to double or even triple their Mac and iOS market share!

Even though the iPhone and iPad are extremely hot sellers in both the smartphone and tablet markets, Apple only holds 4-5 percent of the world’s mobile phone market, and just 12-13 percent of the world’s PC market (that’s if you count the iPad), according to Shaw Wu, an analyst for Sterne Agee.

In a statement to investors, Wu emphasized his views in regards to Apple’s potential:

We believe [Apple] has opportunity to double or potentially even triple its market share in these end markets over the next few years, particularly with Greater China and international as underpenetrated opportunities.

Indeed, if Apple’s rumored deals to bring the upcoming iPhone 5 to China Mobile, China Telecom and China Unicom all turn out to be true, Apple will significantly increase their iPhone and iPad market share, as this would effectively make the iPhone 5 available to over 900 million new customers.

Further, considering the tendency of the iPhone and iPad to make Macs seem more appealing, it’s likely that Mac sales would grow tremendously right alongside the iPhone and iPad sales figures.

Additionally, and unlike most of their opponents, Apple has a strong lineup of big new announcements lined up to take them through the holiday buying season – a new iPhone, iOS 5, iCloud, and OS X Lion, plus recently refreshed MacBook Airs and Mac Minis. Plus, this doesn’t consider the possibility that Apple may release even more new products this year that haven’t even been announced yet.

If nothing else, one thing is clear: Apple is huge, and continues to grow and exhibit an ever-increasing level of success – and they may be well on track to becoming the world’s first trillion dollar company!