Wednesday, October 19, 2011

Today's Headlines

11 Million iPads Sold in the Last Quarter
Apple Insider
Apple's chief executive Tim Cook admitted in an earnings call yesterday that iPad sales have likely eroded some sales of Macs and emphasized that a "materially larger number are buying iPads over (generic) PCs." While noting that some portion of the 11 million iPads sold in the quarter (a 166 percent increase in sales over the year ago quarter) have clearly replaced sales of some significantly more expensive Macs, Cook added that the iPad's growth is coming primarily at the expense of PCs.

iPad Is a Bigger Hit Than the iPhone
Business Insider
The iPhone may have kicked off the smartphone revolution, but so far the iPad is selling much faster.

China Now Drives 16% of All Apple Revenue
China, which is the company’s second-largest market, accounted for 16 percent of Apple’s sales during the past quarter, with $4.5 billion in revenue, a year-over-year increase of 270 percent.  There were no specifics about how much of this revenue comes from the sale of iPads. 

18.7 Million Tablets Shipped Globally in Q3 According to DigiTimes
Global tablet PC shipments, affected by the weakening worldwide economy after August and high inventory levels from some tablet PC brand vendors, reached 18.7 million units in the third quarter, an increase of only 27.5% sequentially, far less than the strong sequential growth of 60.9% they achieved in the second quarter, according to Digitimes Research senior analyst James Wong.

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