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Chad Catacchio
Chad Catacchio is a contributor writing on a variety of topics in tech. He has held management positions at a number of tech companies in th Chad Catacchio is a contributor writing on a variety of topics in tech. He has held management positions at a number of tech companies in the US and China. Check out his personal blog to connect with him or follow him on Twitter (if you dare).
Apple just announced that it sold 4.2 million iPads last quarter, that generated revenue of $2.7 billion dollars with an average price of $645. Apple also said that 65% of Fortune 500 enterprises have adopted the iPad and that it had an additional $100 million in sales of iPad accessories.
On the call, CEO Steve Jobs also said that it has increased it’s inventory by 500,000 units, bringing its total iPad inventory to 3-4 weeks right now (which is actually below what it hoped to achieve – i.e. 6 weeks) and that it has expanded to Walmart, AT&T, Verizon and Target as well as internationally, which of course we already knew.
Regarding the Fortune 500 adoption, Apple mentioned Proctor & Gamble, Lowes, NBC Universal and Novartis.
On its earnings call, Apple also announced that it has surpassed 125 million iOS units all time, which includes iPhones, iPod Touches and the iPad.
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