Apple sells 26 million iPads and 51 million iPhones in first quarter

Jeremiah Yap – Fourth Estate Cooperative Writer

San Francisco, CA, United States (4E) – Based on Apple’s recent first quarter fiscal earnings, it sold 26 million iPads and 51 million iPhones. These stats revealed that iPad sales were up 13.5 percent year-over-year and iPhone sales were 6.7 percent year-over-year.

It’s a big jump over the 14.1 million iPads and 33.8 million iPhones sold in the last fiscal quarter. Apple managed to surpass the expected sales of the iPad which analysts predicted would range from 24.82 million to 24.95 million. But the company disappointed with iPhone sales because analysts predicted 54.88 million sales.

“We are really happy with our record iPhone and iPad sales, the strong performance of our Mac products and the continued growth of iTunes, Software and Services. We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better,” Apple CEO Tim Cook said in a statement.

The release of the iPhone 5s and iPhone 5c has helped with the company’s sales, as well as the release of the iPad Air and iPad mini with Retina.

Apple also generated $22.7 billion in cash flow and $7.7 billion for shareholders through dividends and share purchases.

Article © AHN – All Rights Reserved
About the Author

Leave a Reply