Monday, April 27, 2015

The one thing that didn't go well in Apple's earnings report, explained in one chart (AAPL)

Apple had another great quarter, surpassing estimates for earnings per share, revenue, and iPhone sales. Its EPS came in at $2.33, up 40%, while sales jumped 27% to $58.01 billion. It sold 61.2 million iPhones, a 40% increase from last year. While everything pointed to a solid quarter, there was one category that stood out for its below-expectations number: iPad sales.  According the chart below, made by BI Intelligence, Apple sold 12.62 million iPads last quarter, down 23% year-over-year...-> read more
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