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The iPad had another weak quarter

Apr 28, 2015, 02:08 IST

Apple just announced that it sold 12.62 million iPads in Q2 2015. That's lower than the 13.6 million units analysts were expecting.

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The announcement comes as Apple's iPad business has been slowly declining. The company sold 16.35 iPads in Q2 2014, versus 12.62 in Q2 2015. Apple also sold 21 million iPads in Q4 2014 during the holiday season, which is down from the 26 million is sold in the last quarter for 2013.

And expectations for 2015 haven't been too positive either - KGI Securities Ming-Chi Kuo predicted in February that iPad shipments will drop by 52.7% quarter-over-quarter in the Q1 2015.

Analysts are expecting Apple to push further into the enterprise market with the iPad to keep it relevant, especially now that Apple has partnered with IBM.

Developing...

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