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April 28, 2015By Michael Cader

At Apple, App Store Grows and iPad Sales Decline

April 28, 2015By Michael Cader

Apple reported fiscal second quarter sales after the close of the market on Tuesday, with strong iPhone sales and a rapidly expanding customer base in China continuing to drive the company to excellent results. iPad sales continued their decline, moving 12.6 million units — compared to 16.3 million units a year ago — with lifetime sales since 2010 now at roughly 273 million tablets. CEO Tim Cook told investors on the conference call, “We’re clearly seeing cannibalization from iPhone and on the other side, from the Mac. And of course, as I’ve said before, we’ve never worried about that. It […]

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Filed Under: Booksellers, Earnings Reports

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