In its fiscal Q3 2014 earnings results today, Apple announced strong iPhone sales of 35.2 million units, but its iPad business dropped 9 percent year-over-year to just 13.3 million units.
Apple’s Mac line performed well during the quarter. Sales were up 18 percent year-over-year to 4.4 million units.
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During the company’s quarterly conference call, Apple CEO Tim Cook said iPad sales met his own expectations, while admitting that they probably missed analysts’ estimates. “We’re very bullish about the future of the tablet market,” he said.
Net profit for the quarter reached $7.7 billion off of $37.4 billion in revenue. The year-ago quarter saw $6.9 billion net profit from $35.3 billion in revenue.
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