» Apple posts strong quarterly results despite decline in iPad sales
Some quick take-aways based on Apple’s press release and numbers from Macworld:
- Record 2nd quarter revenue
- Profit up
- Margin up
- Strong iPhone sales, up 17 percent
- Weak iPad sales, down about 18 percent
- Mac sales up 4 percent
The company will also be conducting a 7-for-1 stock split along with further share repurchases.