Here is ceo tim cook on the conference call. Interest in apple products is at an alltime high with half a billion customer visits in the first quarter. Demand for iphone has been staggering, shattering our high expectation driven by the unprecedented popularity of iphone 6 and iphone 6 plus. Staggering is right. As cook mentioned, iphones are flying off the shelves. The company sold 74. 5 million in the quarter. Maybe the only negative note was a decline in ipad sales. The Biggest Development is the success apple has seen in china, where sales are up 70 yearoveryear, opening another potential growth area. For more, i spoke with Piper Jaffrays gene munster. I asked about the whopping iphone number. I wondered what was the catch, if there was some sort of channel fill in their or some explanation. It could just not be that good of a number. It turns out that it was a clean number, that they did not fill the channel. Even though Investor Expectations were for high 60 million. That 74 mill
Viasat Stock Dips After Operator Projects Flat Revenue in FY 25
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Viasat results disappoint shareholders
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