Helena Izotova
According to the official report published by Apple the world-famous tech giant, the corporation managed to sell 26 million iPads in the last quarter of 2013. All in all. Apple managed to reach the proceeds equal $56,7bn from selling its devices during the reporting period. The net profit figures stand at $13,1bn for the same reporting period.
If to compare the sales figures for 2012, there was an increase last quarter. Still, the pace of iPhone sales dropped. Experts say this can be explained by the fact that Android-powered mobile devices are getting increasingly popular worldwide.
Unfortunately, Apple has to admit that iPod is the deterrent for the company's sales since this is the least popular product at this point. As we have just mentioned, Android devices are another reason why Apple is losing ground in the international market of mobile devices.
Apparently, Apple fans are looking forward to seeing iPhone 6, which promises to be a revolution in the mobile industry. In particular, Apple has just patented new sapphire glass, that promises to be much better and more durable than Gorilla Glass. This may help Apple to consolidate its position in the mobile business.
Meanwhile, Apple's stock is still weakening after the rally seen over the past few months. The decline started after Apple announced poor-than-expected sales figures in Q4 2013. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL:
Helena Izotova
