Apple numbers soaring despite iPad losses

by Kyle Ripley

On Wednesday, Apple (AAPL) turned in their Q2 numbers and despite the missed projections on the iPad, they do no disappoint. According to BGR, Apple’s profit is up a remarkable 95 percent since the same quarter last year, raking in $5.99 billion compared to last year’s $3.07 billion. Analysts estimated between 6 and 8 million iPad sales in the March quarter, but Apple ended up falling short of that with 4.69 million units sold. iPod sales were down from last quarter while the Mac has climbed. The amazing thing to me, is the growth in iPhone sales. Not only do these figures continue to grow, but they seem to be accelerating. Business Insider reports that Apple shipped 18.65 million iPhones during the quarter, which is more than double their year-over-year growth.

Apple’s iPhone recently became available on the Verizon network, and with that became Verizon’s number one selling smartphone. However, reports are now showing that the HTC (2498.TW) Thunderbolt, Verizon’s (VZ) 4G LTE flagship phone, has overtaken the iPhone as Verizon’s top selling phone.

It seems that Apple is impervious to such trends however. Even in the midst of Android’s saturation throughout the smartphone market, and the recent loss of the number one smartphone position with Verizon, Apple is still standing head and shoulders above other manufacturers as they continue their rapid growth.