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iPad backlogged as iPhone sales soar

Dunya News

iPhone and Mac sales increased while iPad supplies could not keep up with roaring global demand.

Apple sold just 4.69 million iPads-- which command an 80 percent share of a burgeoning tablet market in which Motorola inc and Samsung Electronics also compete. Apples iPad 2 dominated the nascent market for the tablets with competing products like Research In Motionss PlayBook, which recieved poor reviews from customers and experts.Concern is growing over how competent supply constraints after Japans earthquake and tsunami would squeeze margins and restrain iPhone and iPad sales in coming months.Apple, which generally provides an ultra-conservative forecast, said it expected June quarter earnings of $5.03 a share on revenue of about $23 billion.
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