Tim Cook Says Recent Slump in iPad Sales is Just a “Speed Bump”

Discussion in 'Apple iPad News' started by RaduTyrsina, Aug 27, 2014.

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    At the latest earnings call, we've seen Apple officially confirm that iPad sales aren't doing as awesome as they did before. Many tried to find an explanation for this, and now in a recent interview, Apple's CEO Tim Cok said that the slow-down is nothing more but a 'speed bump'. In a brief interview about tablets, Apple CEO Tim Cook said the following:

    “We couldn’t be happier with how we’ve done with the first four years of the iPad. I’d call what’s going on recently a speed bump, and I’ve seen that in every category.”

    Here are some more details from the original article signed by reputed tech journalist Walt Mossberg:

    Mossberg cites venture capitalist and analyst Mary Meeker, which in her annual Internet trends report showed that tablet sales have exploded in a way that PC sales, including sales of cheap netbooks, never did. The journalist also says that in Apple’s last fiscal quarter, when iPad sales declined, it brought in nearly $6 billion in revenue, an amount exceeding the quarterly revenues of Facebook, Twitter, Yahoo, Groupon and Tesla combined.

    Here's what the journalist further adds:

    We're not sure where tablets are headed, but just as Mossberg points out, with the right apps and scenarios, the iPad can be a good computer.

    Source: Recode

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