Q1 2014

Apple’s CFO: We Had Trouble Keeping Up With iPhone 5S Demand

Peter Oppenheimer, Apple’s chief financial officer, said that the company could not meet customer demand for the iPhone 5S until closer to the end of the quarter. “The iPhone 5S sold better than we expected, but we were not able to come into a supply-demand balance until the end of the quarter.” Oppenheimer said the...

Analysts Claim Apple May Have Sold 28 Million iPads in Q1 2014

In case you are wondering how many iPads did Apple sell during the first financial quarter of 2014, analysts are estimating that the number may be somewhere between 21 million to 28 million, according to Fortune’s Philip Elmer-Dewitt. The author calls the iPad to be Apple's second biggest 'cash cow’ i.e if the iPhone generates a bit...