Apple Inc.'s iPad Biz Delivers Double-Digit Unit Growth
Apple's (NASDAQ: AAPL) iPad business, which has suffered from a seemingly endless streak of year-over-year unit and revenue declines, performed well during the company's fiscal third quarter.
Apple reported that its iPad unit shipments hit 11.42 million during the quarter , representing a year-over-year boost of 15%. The company also reported iPad revenue growth of 2% year over year -- that's still growth, which is good, but it's less robust than the unit story.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€200.55
0.050%
Our community is currently high on Apple Inc. with 105 Buy predictions and 8 Sell predictions.
As a result the target price of 208 € shows a slightly positive potential of 3.71% compared to the current price of 200.55 € for Apple Inc..