New iPhone and iPad Sales: Apple’s Earnings Report

When will it stop? Sales of Apple devices do not show any signs of slowing. In a recent earnings report today, it was clear to see that the iPhone and iPad devices are still as popular from when they were first released.

In the current economical climate, a percentage of retailers are perhaps seeing a decline in sales, but not the case for Apple’s headquarters in Cupertino, Calif. It seems that particularly this year, sales couldn’t be better, in fact, the $300 barrier that had been set, has now been broken and consumers are more than happy to keep spending their hard earned cash on Apple devices. According to Sam at DailyFinance, indications show that Apple shares have increased by 4% on Friday 15 October. Therefore, we can quite categorically say that this will make for yet another strong earnings report. Even after-hours, the figure climbed up to $316.40. So how will this report fare with Apple‘s increasing demand to meet customers expectations?

Andy Hargreaves of Pacific Crest Securities has commented on how he expects the quarter to pan out. He said, “I don’t think it will be as big as what we’ve seen in the past, at least relative to our numbers, because of supply constraints early in the quarter.” In light of Google’s Android OS, Apple may be up against stiff competition. It has been reported that Wall Street’s stock market is hoping to see some 11-12 million iPhone shipments, and if rumor comes true and we will see Verizon Wireless climbing on board, this will increase sales and revenue even further. This could add another 10 million units onto the 2010 iPhone sales projections.

In terms of the iPad tablet, financial analysts are looking for 3.5 million to 4 million Mac computers sold.

Check out more information on this by logging onto DailyFinance. What are your thoughts on this? Do you make up a percentage of these sales? Let us know.