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Apple Inc.'s iPad Biz Delivers Double-Digit Unit Growth


Apple Inc.'s iPad Biz Delivers Double-Digit Unit Growth

Apple's (NASDAQ: AAPL) iPad business, which has suffered from a seemingly endless streak of year-over-year unit and revenue declines, performed well during the company's fiscal third quarter.

Apple reported that its iPad unit shipments hit 11.42 million during the quarter , representing a year-over-year boost of 15%. The company also reported iPad revenue growth of 2% year over year -- that's still growth, which is good, but it's less robust than the unit story.

Image source: Apple.

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Source: Fool.com

Apple Inc. Stock

€270.95
0.020%
There is nearly no change for the Apple Inc. stock today. Compared to yesterday it only changed by €0.050.
Currently there is a rather positive sentiment for Apple Inc. with 76 Buy predictions and 7 Sell predictions.
With a target price of 282 € there is a slightly positive potential of 4.08% for Apple Inc. compared to the current price of 270.95 €.
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