iPad Revenue During The Past Year [CHART]

iPad sales were surprisingly bad. They totally missed analyst expectations and were down 16% on a year-over-year basis.

In terms of Apple overall, investors are fine with bad iPad sales as long as the iPhone is doing well. That’s why the stock was up 8% after earnings results.

However, the iPad’s struggle is a big mystery for analysts who follow Apple. Read the rest at Business Insider.