“In less than two weeks, Apple will release fiscal third-quarter results,” Evan Niu writes for The Motley Fool. “The summer months usually see a slowdown in demand, especially as consumers begin delaying purchases in anticipation of upgraded products that are usually launched in the fall.”
“iPad unit sales in the March quarter were a little soft. Fortunately, the overwhelming strength of the iPhone more than offset that weakness,” Niu writes. “Still, it was only the second time that Apple has ever reported a year-over-year decline in iPad unit sales. Can the iPad stage a comeback or will it be a drag?”
“It’s worth remembering that the iPad is Apple’s most successful foray into a new product category to date, easily outpacing iPod and iPhone adoption. After blistering growth for years, perhaps demand is just taking a breather before resuming its upward course,” Niu writes. “There probably aren’t a lot of reasons to expect much iPad upside this quarter. Hopefully, the iPhone can carry the show.”
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