iPhone Sales Were Astonishing, But What About iPad And Macs?

Apple Inc. (NASDAQ: AAPL) posted yet another record quarter backed by the 55 percent growth in iPhone sales. However, while the iPhones took all the limelight, other products like iPads and Macs were overshadowed in the results.

Dan Costa, editor-in-chief of PC Magazine, was on CNBC recently to discuss the sales of non-iPhone Apple products.

Cannibalization Of The iPad

"With the 6-inch iPhone and the iPhone 6 Plus, they have got a phablet for the first time. And this was always the concern," Costa began, "'Would it eat into iPad sales?'

Related Link: New Bearish Technical Signal In Apple's Chart

"I think that's definitely happening. But the other problem is that everybody that wants an iPad pretty much already has one. I have got two iPads right now."

He continued, "One is three years old. One is two years old. I would love to upgrade to the new version just because I am a gadget guy and its thinner and it's sexier.

"Ultimately, I just don't see the reason to do it. No one needs a faster iPad. So, the upgrade cycle on the iPad is just a lot longer than some of these other devices are definitely longer than phones."

The Best Part Of The Business

Costa was asked about the growth Apple is showing in the laptop/desktop market. He replied, "The laptop and desktop market sort of get a bad rep. They have been in decline for a number of years, but they are still the work horses of information economy."

He explained, "Those categories aren't going anywhere, and although most vendors are seeing declines, Apple is actually picking up ground here.

"They have got almost 13 percent of the U.S. PC market – PC laptop and desktops. That's a nice piece of the business, and it's also the best part of the business," Costa concluded.

 
Image Credit: Public Domain