Neil Hughes
Though iPad sales have fallen two quarters in a row, Apple Chief Executive Tim Cook said on Tuesday he isn't concerned, and teased that his company is working on new innovations that, along with the newly announced IBM partnership, could help reinvigorate growth.
Speaking to analysts and members of the media on Tuesday, Cook said that while iPad sales met Apple's internal expectations, he realized they were short of what many investors were hoping. Apple reported sales of 13.28 million iPads for the June quarter, a total that was off 9.2 percent year over year.
Cook said there were a number of reasons that iPad sales were down, including channel reduction and market softness in certain parts of the world, including the U.S. and Western Europe.
But the Apple CEO characterized himself as "very bullish about the future of the tablet market." Unsurprisingly, he didn't say where Apple might be looking to take the market, but he did tease that the company is planning innovations in hardware, software and services.
Cook also cited statistics that show Apple dominating the tablet market, and the fact that more than half of iPad buyers are purchasing their first tablet.
He also touted his company's newly announced partnership with IBM, which will see Big Blue helping to deploy and support iOS devices in the workplace. Combined with Apple's "legendary ease of use," he sees great opportunities for iPad growth in the enterprise.
"What's important to us is that customers are enjoying their iPads and using them heavily," Cook said.
AppleInsider Staff
Chip Loder
Christine McKee
Malcolm Owen
William Gallagher
Andrew Orr
49 Comments
Post concern for Apple's future below. ;)
Is the drop in sales being picked up by other manufacturers, or does it seem to be a decline in the overall tablet market itself?
Its pretty clear why the sales decline is happening, since more than half of buyers are new to the iPad. People don't upgrade iPads much - the old ones are fine.
I have an iPad 2, and see no reason to get a newer one.
[quote name="DarkLite" url="/t/181517/as-ipad-sales-decline-apple-remains-bullish-on-future-of-tablet-market#post_2567736"]Is the drop in sales being picked up by other manufacturers, or does it seem to be a decline in the overall tablet market itself? [/quote] The tablet category itself has been in recent decline according to stats. I have some ideas why http://forums.appleinsider.com/t/181515/apple-falls-short-of-expectations-with-7-7b-in-profit-on-sales-of-35-2m-iphones-13-3m-ipads/40#post_2567715 http://www.pcworld.com/article/2452189/tablet-sales-dip-as-market-matures.html
I have an iPad 2, and see no reason to get a newer one.
I have a first gen. Don’t plan to upgrade until the 13/15” is released.