- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
At Wednesday’s iPad 3 unveiling, Apple (NASDAQ:AAPL) CEO Tim Cook showed the audience a graphic indicating that Apple shipped more iPads in the fourth quarter of 2011 than any single manufacturer sold personal computers.
Don’t Miss: New Apple iPads Are LTE-Capable.
Under a title that says “Personal Computer Units Shipped,” a bar graph showed that Apple shipped 15.4 million iPads in the fourth quarter, while Hewlett-Packard (NYSE:HPQ) sold 15.1 million PC units in the same period of time. Lenovo was shown to have sold 13.1 million devices during the fourth quarter.
Apple’s fourth-quarter iPad sales last year were double the number from the same period a year earlier, and up 39 percent from the previous record of 11.1 million, set in the third quarter of 2011.
According to Apple’s website, the Cupertino, California-based company also sold 17.07 million iPhones in the fourth quarter, representing 21 percent unit growth over the year-ago quarter. Apple also sold 4.89 million computers, a 26 percent unit increase over the year-ago quarter. However, with 6.62 million iPods sold in the fourth quarter, sales were down 27 percent in the last twelve months.
Cook also noted during the event that 200,000 apps have been made for the iPad so far, adding that “the momentum has been incredible,” and that the iPad is “the poster child of the post-PC world.”
Read more insightful stories at Wall St. Cheat Sheet:
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.