Click to Skip Ad
Closing in...

Have we already reached peak iPad?

Updated Dec 19th, 2018 8:47PM EST
Apple Q2 2014 Earnings iPad Sales

If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.

Apple’s latest earnings report was mostly good news for the company, but there was one potentially dark cloud: iPad sales. On the quarter, Apple sold 16.35 million iPads, which was below the consensus estimate of 19.7 million units sold. Analyst Benedict Evans has put together a chart for trailing twelve months unit sales for both the iPhone and the iPad and has found that the iPad’s growth has been stopped dead in its tracks.

Evans says that this raises “a very obvious growth question” for the iPad, which has seen its growth stall despite having a much steeper long-term drop in its average selling price (ASP) than the iPhone.

 

If there’s any good news for the iPad in this, it’s that the year-over-year sales drop isn’t as bad as it first looks. Jackdaw analyst Jan Dawson points out that the “real year-over-year sell-through decline in iPad was just 3% vs. 16% sell-in decline.” In other words, the year-over-year decline was actually much closer to 500,000 units and not a decline of 4 million units that Apple posted in its earnings report.

Nonetheless, a year-over-year decline is not a good sign for future iPad sales and as things stand now, the iPad’s best days seem to be behind it.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.

More

Latest News