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Tuesday, October 19, 2010

IPad sales below expectations: 4.19 million units in July-September

Apple has sold in the fourth quarter of this year (July-September) iPad tablet 4.19 million, while the market expected a level close to 5 million.

Net profit of Apple rose 70% in fiscal fourth quarter, to 4.31 billion dollars from 2.53 billion dollars in the same period last year. 

Also, revenues climbed 67% to 20.3 billion dollars, for the first time you reach this level. Both indicators significantly exceeded analysts' estimates, reports Mediafax.

On the whole fiscal year October 2009 - September 2010, the company's net profit also rose by 70%, from 8.2 billion dollars to 14 billion dollars, while sales increased by 52%, from 42.9 billion dollars to 65.2 billion dollars. 

In presenting the results, chief executive, Steve Jobs, has assumed an offensive attitude, criticizing tough competitors from Google and Research In Motion Samsung and Dell, but incisive tone of "parent" Apple has limited the decline scholarship. 

Jobs has never been addressed two years investors in a conference call on financial results and stormed Monday night the main competitors of the iPhoneand iPad, focusing especially on Tablet PCs recently announced competing. 

"The harvest that seven tablets inch (diagonal screen - no), all will be dead since the launch. Producers will learn their lesson the painful tablets are too small," Jobs said, referring mainly to the gadgets advertised Samsung and Dell. 

Shares of Apple, the second largest component of the Standard & Poor's 500 index after Exxon Mobil, fell 6% in New York, the biggest decline in IT giant in 2008. 

Poor supply and production capacity has limited sales iPad, a tablet of 9.7-inch screen, at 4.19 million units in the fourth fiscal quarter (July-September), while the market expected a level close to five million . Because of production problems, and even some customers waiting weeks to receive ordered iPad. 

Analysts predict that sales will improve over the winter holiday season, if Apple exceeds the supply side bottlenecks. 

But sales have not only disappointed the market, but the profit margin achieved by the company on the iPad, 36.9%, 38.2% estimate from circulating among analysts and investors. 

The company has disappointed but not about the iPhone and Mac sales. Apple sold 14.1 million smartphones in quarter reviewed, up by 91% against the same period last year, well above market expectations. Also, the volume of PCs sold rose by 27%, from 3.9 million units for the upper margin of analysts' estimates. 

Jobs has missed the opportunity to attack the rival Canadian Research In Motion, a conference with investors noting that iPhone sales have surpassed those of BlackBerry. 

"I do not see them breathing down our neck for the foreseeable future," said Apple chief. 

Also, Jobs criticized the Android operating system for mobile phones developed by Google, it being characterized as "fragmented".

 

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