Apple iPad now pulling in more revenue than Mac

Posted on Wednesday, July 20 2011 @ 22:29 CEST by Thomas De Maesschalck
Apple announced strong fiscal Q3 results, the company achieved a record revenue of $28.57 billion and record profit of $7.31 billion ($7.79 per share). Interestingly, Apple is now pulling in more dollars from iPad sales than its Mac business:
While the iPhone numbers are huge, the most eye-catching were those for the iPad. We've reproduced Apple's summary table below, and you can see that iPad sales and revenues doubled quarter-on-quarter. This meant that, for the first time, revenues from the iPad ware greater than for Macs, which still had a good quarter. For Apple to achieve that little more than a year after introducing the iPad to the market is pretty remarkable.
Source: Mobile Device


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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