Record iPad Sales Help Keep Apple On Top

by Reads (2,474)

Apple has just announced the results of its last financial quarter, and there’s a lot to crow about: in addition to record revenue and profits, year-over-year sales of the iPad were up almost 50%.

AppleIn the fourth quarter of 2011, Apple sold 15.4 million iPads. In the same quarter of 2012, the company bumped that number up to 22.9 million.

That helped Apple take in $54.5 billion in revenue, a year-over-year increase from the $46.3 billion the company enjoyed from Q42011. This led to a profit of $13.1 billion, up a bit from the same quarter of the previous year.

All its mobile products contributed to Apple’s success.  The company also saw a 20% increase in smartphone sales, from 37 million sold to 38 million.

As CEO Tim Cook pointed out during a conference call with investors after these results were announced, his company sold over 50 million iOS devices in Q4,  or roughly 10 per second. Apple has now sold “over half a billion iOS devices.”



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