Apple's iPad business is growing again.
ADVERTISEMENT
Apple's iPad slump is over (AAPL)
After years of declining sales, the iPad saw a boost last quarter.
Apple CEO Tim Cook with the new 10.5-inch iPad Pro.
ADVERTISEMENT
After years of declining sales, the iPad business saw a boost last quarter, according to Apple's Q3 earnings report.
Apple sold 11.4 million iPads in the quarter, up from 9.95 million in the year-ago quarter. (That's 14% growth in unit sales.)
That could be due to the new 10.5-inch iPad Pro, which launched last month to glowing reviews. Apple also released a new version of the 9.7-inch iPad, which starts at a much lower price, $329. That likely drove a lot of sales.
ADVERTISEMENT
The iPad is also scheduled to get a major upgrade with iOS 11, which will add more desktop-like features to the iPad.
This chart from BI Intelligence shows iPad sales and sales growth over time:
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
8 ingenious tips to merge PDF files more efficiently
10 most powerful African passports in 2024
UK sends first voluntary asylum seeker to Rwanda
FCMB Group records 186% profit growth, proposes 50k dividend
Accounting with a Purpose - Moracle Ghana CEO has simplified accounting for small businesses and nonprofits
10 African countries with the lightest debt burden in 2024
Sale of African skulls in a British museum comes to light
Coinremitter claims to be a leading crypto payment gateway in the market