Apple's growth slowing down?

If Apple Inc. (NASDAQ:AAPL) keeps growing as fast as it is, it may just overtake its nemesis in Washington State in the next five years. An analyst points out that the iPod, iPhone, iTV and MAC maker has the chance to generate more revenue than Microsoft Corp. (NASDAQ:MSFT) given its current growth patterns.

In 2002 Apple grossed just under $6 billion, while in 2006 its revenue was recorded at just under $ 21 billion. Apple's dramatic increase is an "impressive" 250% revenue growth from 2002 to 2006.

Some analysts predict Apple's growth to slow in the next couple months due to cooling iPod sales. However, as everyone knows, the company has many new and exciting products on the near horizon, not the least of which are the iPhone and iTV that should continue to fuel substantial growth. According to Apple Recon, Apple now expects to sell over a million Apple TV devices leading up to the 2007 holiday season, and at least that many again during the Thanksgiving - Christmas period.

The folks in Washington State, who have their own massive launch happening as I write this, better think about bolstering Zune and Vista just to keep up.