Apple Quarterly Earnings: IPhone Sales Double, IPad Sales Disappoint

Posted: Oct 18 2010, 5:08pm CDT | by , in Apple


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Apple Quarterly Earnings: iPhone sales double, iPad sales disappoint

Mac up, iPod down.

Apple's Q4 earnings report came out today (WSJ). The company showed an earnings increase of 70%, with iPhone sales almost doubling year-over-year. Total profit? $4.31 billion- up from $2.53 billion in Q4 2009. 43% of Apple revenue came from the US.

iPad sales were expected to top 4.8 million, but they "only" made it up to 4.2 million. This is still a substantial increase from 3.3 million sales in Q3. However, this stall may represent a slow-down of iPad sales due to the first (small) wave of competing slates.

Mac sales rang in at around 3.9 million, a 27% increase from last year. iPod sales were down 11% though, with only 9.1 million sold.

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
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