Apple Adds Another 48 Million E-Reading Devices to Market in Q3

Apple sold another 48 million iPads and iPhones in the third quarter of 2014, according to its latest earnings report. Its year-over-year iTunes revenue also increased 12% in the quarter, which includes digital book sales.

While iPhone sales were up 13% in the quarter to 35.2 billion units, iPad sales were down 9% versus a year ago to 13.3 billion units.

Both the iPad and iPad mini have large screen and are well-suited for reading books, early iPhones had relatively small screens. The iPhone 5 has a larger screen that may be better for reading. The iPhone 6 is rumored to have two versions, both with even larger screens: a 4.7-inch version and a 5.5-inch version.

At iTunes, sales increased to $4.5 billion, up from $4 billion a year ago. iTunes includes sales of ebook, apps, movies, shows and music.

Shares of Apple stock are trading up slightly on the news.



Your email address will not be published. Required fields are marked *