Is Apple Really Looking at a BILLION Sales Soon?

Apple (NASDAQ:AAPL) could hit the 1 billion mark in total device sales within the next two years, according to one generous forecast. Asymco analyst Horace Dediu made the estimate based on Apple’s announcement last week that the number of registered iTunes accounts with 1-click purchasing was now 435 million. In addition, the company had sold around 400 million iOS devices over the same time, implying that the growth in iTunes accounts had almost matched device sales.

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Dediu said Apple was adding around 12 million new iTunes account each month, but that the rate of growth was likely to continue accelerating over the next few months, leading to a figure close to 1 billion by early 2015.

“Projecting the growth forward would imply one billion accounts in another two years,” Dediu wrote. “As iPhone and iPad growth increasingly converges with iTunes (of which there are 400 million units sold), the same time frame could apply to iOS cumulative sales.”

While Dediu admitted it was not a “very precise forecast” because it relied on several “ifs,” he said the logic was a probable one.

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