Thursday, April 21, 2011

Q2 2011 iPad Sales, 4.69 Million

Yesterday, Apple reported product sales during their quarterly earnings call and missed analyst expectations for iPad sales. Estimates were between 6 and 8 million iPads for the quarter, but Apple missed this estimate with 2nd quarter sales reported at 4.69 million iPads.

For other parts of business, Apple exceeded expectations of Wall Street. iPhone sales were reported at 18.65 million for the quarter as compared to estimates around 16 million. The addition of the Verizon iPhone in mid-February appears to be successful with Verizon separately reporting 2.2 million iPhone activations (AT&T activated 3.6 million iPhones as well).

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iPad, I'm Lovin' IT!