Apple's Quarter Expected Higher from iPad, iPhone ImpactBy eWEEK Staff | Print
Analysts are projecting Apple could see a 47 percent increase in quarterly revenue to $12 billion as sales of Apple's iPhone and new iPad tablet computer came in strong. The iPad alone sold more than 500,000 units during its first week on the market.
A combination of strong iPhone, Mac and iPad sales could help Apple post strong quarterly numbers April 20, according to analysts. That follows on the heels of reports that Apple sold more than 500,000 iPads during the tablet computer's first week of general release.
During an April 8 news conference at the company's Cupertino, Calif., headquarters, ostensibly set up to unveil the upcoming iPhone OS 4, Apple CEO Steve Jobs said that about 600,000 iBooks and 3.5 million iPad applications had been downloaded since the April 3 iPad launch.
The iPad's opening sales, coupled with strong growth for other products, has analysts predicting a 47 percent jump in quarterly revenue, to $12 billion, according to an April 16 article in The Wall Street Journal. There is an expectation, however, that sales of the iPod will also continue to decline.