Sales of iPads Slow in Q1 According to Apple Earnings Report
April 24, 2012 –Apple released its second quarter earnings report today and sales of iPhones and iPads were robust. There must be joy in Cupertino, home of the world’s most valuable company (by stock valuation) because the company posted a whopping $11.6 billion profit. But here’s something to follow that wasn’t included in the report. Sales of iPads plunged 23% from the previous quarter. That’s right. Apple sold 11.8 million iPads in the period ending March 31 (it’s second best iPad quarter ever, it must be noted). But the previous quarter Apple tallied 15.4 million iPad sales. Has iPad fever peaked or did the 15.4 million iPad sales at the end of 2011 merely reflect holiday iPad fever? We won’t know for sure until we get a chance to tally 2012′s end of year figures.
iPad Sales by the Quarter
11.8mm sold in qtr ending 3/31/12
15.4mm sold in qtr ending 12/31/11
11.1mm sold in qtr ending 9/24/11
9.3mm sold in qtr ending 6/25/11
4.7mm sold in qtr ending 3/26/11
7.3mm sold in qtr ending 12/25/10
4.2mm sold in qtr ending 9/25/10
3.2mm sold in qtr ending 6/25/10
Total iPad Sales: 67 million