Apple last quarter experienced its first year-over-year drop in revenue since 2003. Not only that, but Apple saw a sales decline across all major product lines: iPhone sales were down 18%, iPad sales were down 19% and Mac sales were down 9%.
With most analysts preoccupied with iPhone and iPad sales, it appears that the Mac continues to be overlooked. Which is strange given that the Mac these days is actually more profitable than the iPad. During Apple’s most recent quarter, for example, the iPad generated $4.4 billion in revenue compared to the Mac which brought in $5.1 billion in revenue. More →