Apple’s iPad business has been nothing short of rock solid the last few years, but the last two quarters have really been something. Yesterday’s quarterly results report was expected to be good, but the reality was better than anyone outside Cupertino expected.
Apple just reported an unexpectedly huge 3rd quarter overall, with revenue up 10.9% year over year. Earnings-wise, it’s actually the biggest third quarter in company history. Revenue and sales increased pretty much across the board, including iPhone sales, making Apple the only company that saw an increase in smartphone sales last quarter,
All of that aside, it was the iPad that saw the biggest increase of all year over year, with sales up a whopping 31%. That’s a significant increase, especially on the heels of two straight quarters of declining revenues.