Apple’s quarterly numbers are out and not quite as booming as anticipated. The company reported “earnings of $9.32 per share ($8.8 billion total) on $35 billion in revenue,” reports The Verge.
“It’s a $1.5 billion gain over last year’s profit in the same quarter, but missed analyst estimates of $10.37 earnings per share,” notes the post.
“We’re thrilled with record sales of 17 million iPads in the June quarter,” commented Apple CEO Tim Cook. “We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”
Sales of the iPhones took a predictable dip as consumers are choosing to wait for the iPhone 5’s expected fall release.
“Apple’s major new hardware release this quarter was the MacBook Pro with Retina display, but the new laptop didn’t move the needle much on Mac sales: just four million, about a two percent increase over the year-ago quarter,” reports The Verge.
Not surprisingly, sales of the new iPad and the discounted iPad 2 remain strong.
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