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Jobs “iPad is being grabbed out of our hands”

KitGuru reported yesterday that Apple iPad sales didn’t quite reach the 5 million estimated in the first quarter – peaking around 4.1 million, still an impressive figure.

Steve Jobs said in a call with Wall Street analysts “we’re already seeing tremendous interest in the iPad from education and, to my surprise, from business. It’s getting grabbed out of our hands. The more that time passes, the more I’m convinced that we’ve got a tiger by the tail here.”

They still can't keep up with demand for the iPad

Apple shares however dipped yesterday in New York trading after the company forecast profits for the quarter that disappointed some on Wall Street. Apple said that profits will likely hi $4.80 a share, rather than the $5.03 goal expected by analysts.

Apple generated $20.3bn of sales with $4.31 bn of profits in the last quarter, selling 3.89 million Apple Macs, 14.1 million iphones and 4.19 million iPads.

KitGuru says: Apple still can’t keep up with iPad demand and they are losing sales due to it. They literally can’t make enough of them – sales at Christmas should be good.

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  • Tri Color

    Nice profit percentage that. he is running the company well.

  • .. hats off

    pretty good year for Apple and with this kind of demand theres no sign of slowing… right now i get on a train in Australia and i see Iphones and Ipads EVERYWHERE!

    Everyone has one, its just that simple.

    *looks at nokia, Samsung, Dell, Android, etc etc etc*