Apple’s earnings showed a tale of two mobile devices: The iPhone is doing better than expected, and the iPad is doing worse.
Apple was bound to see a drop in iPhone sales from the previous quarter, when it moved many of its just-released 5S model, but the 43 million iPhones sold last quarter easily beat analysts’ forecast of 37 million. The strong sales seem to have been driven by China, where the company recently penned a deal with China Mobile, the world’s largest mobile operator. Apple said it increased iPhone sales in China 28 percent, gaining market share and earning almost $10 billion in the country, its best quarter ever.
