Apple reported staggering earnings for its first quarter, surprising industry followers and analysts. Profit was $13.06 billion on revenue of $46 billion, and earnings per share, at $13.87, were far more than the $10.08 per share analysts had predicted, according to AllThingsD.
Strong sales of the iPhone and iPad drove the monstrous results. The iPhone was the best-selling smartphone, accounting for 44.9 percent of all sales, said PaidContent, reporting on data from WPP’s Kantar Worldpanel ComTech. The share of Android based phones was slightly less at 44.8 percent.
And Apple sold more iPads than HP sold PCs, says John Paczkowski of AllThingsD. Sales of iPads were 15.4 million compared to HP’s PC sales in the fourth quarter of 14.7 million. Apple also sold 5.2 million Macs.