updated 04:55 pm EDT, Wed April 22, 2009
iPod sales up Macs down
Apple on Wednesday reported its financial information for the quarter ending in March, showing mixed results for product sales. Mac shipments were down three percent for the quarter, with sales of 2.22 million computers. Despite predictions that iPod sales would level off or even decline, the company sold over 11 million devices which marks a gain of three percent over last year's quarter.
The iPhone showed the best performance for the quarter, with sales of 3.79 million units. The shipments beat Wall Street estimates by almost a half million handsets. Gene Munster of Piper Jaffray earlier in the day adjusted his forecast to 3.7 million devices, following AT&T's disclosure of 1.6 million iPhone activations for the corresponding quarter.
Apple's disclosure represents its best-yet performance for a non-holiday quarter. Despite the economic situation, revenues were up 8.6 percent to $8.16 billion.