On April 23 Apple reported its third quarter financial results. Apple posted a $9.5 billion profit on $43.6 billion in revenue. Compare this to one year ago, that’s down from a profit of $11.6 billion on $39.2 billion in revenue. That’s the first year-over-year drop in profits and revenue in nearly a decade for the tech company. But still, stay assured Apple is doing just fine in the big scheme of things; they currently have a healthy cash balance of $145 billion. Says CEO Tim Cook: “We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad. Our teams are hard at work on some amazing new hardware, software and services, and we are very excited about the products in our pipeline.”

Now let’s break it down by product category. Apple sold 37.4 million iPhones in the quarter (compared to 35.1 million in the year-ago quarter); 19.5 million iPads (compared to 11.8 million); just under 4 million Macs (compared to 4 million); and 5.6 million iPods (compared to 7.7 million). Elsewhere, the App Store has seen 45 billion downloads, and iCloud has amassed 300 million users.

Looking ahead to the third fiscal quarter of 2013, Apple CFO Peter Oppenheimer expects revenue between $33.5 billion to $35.5 billion.

[Via Apple; Engadget]

Justin Timberlake’s ten track The 20/20 Experience is out now. It’s available for digital download at iTunes for $10.99, but if you consider yourself a true JT fan you will make the trip to Target to purchase the deluxe physical version that includes two bonus tracks ($13.99). Oh and by the way, the standard version, the deluxe version, and the vinyl all feature different artwork. (And there’s more where this came from; Timberlake has confirmed that a 10-track sequel album is in the works to complete the “20/20″ listening experience.)

Accompanying the grand total of 13 new tracks and the previously release music video for the Jay-Z assisted “Suit & Tie” is a new music video for the album’s second single “Mirrors.” The song is arguably the best cut off the release, and its music video does it the ultimate justice by telling a touching and engaging about an elderly couple exploring their long and journeyed relationship. The clip opens with a dedication to JT’s grandparents William and Sadie; his grandfather passed away last year after making it 63 years with his now-widowed wife. The Floria Sigismondi-directed music video does a fine job at interpreting the song’s lyrics:

Cause I don’t wanna lose you now/I’m lookin’ right at the other half of me/The vacancy that sat in my heart/Is a space that now you hold…And now it’s clear as this promise/That we’re making two reflections into one/Cause it’s like you’re my mirror/My mirror staring back at me, staring back at me.

That’s the hook and the actors who are portraying JT’s grandparents put on a believable performance as we watch their relationship blossom by a jukebox and a pool table. The video takes some twists and turns but by the end you should come to a realization of what it was all about: finding your soulmate and having the power to let go when the time comes (at least that is my interpretation). Intriguingly JT lets the story play out and is absent for the majority of the clip; he doesn’t turn up until the 5:45 mark when he catches the ring released by “his grandmother” (she’s letting go of her departed husband of so many years) to continue to legacy of love. He’s trapped in a fun house of mirrors and dances his way out of it in a fashion only JT can maneuver. A great song matched with a compelling music video; can’t really ask for more than that these days.

So how’s the album overall? For that I will guide you to SpeakSonic’s album review that covers the bases; spoiler alert: it garners a rave review.

Update (3/29): In its first week of sales, The 20/20 Experience quickly shot to #1 on the Billboard 200 selling 968,000 copies. This makes JT’s latest effort the best-selling album of the year so far outpacing Mumford & Sons’ Babel which has sold 658,000 to date. 20/20 also performed well in digital sales in week one with 452,000 downloads making it the third-largest debut indigital ever only behind Lady Gaga’s Born This Way (662,000 in 2011) and Taylor Swift’s Red (465,000 in 2012). JT’s third solo album is also his most successful debut, sales wise. His previous releases FutureSex/LoveSounds (2006) and Justified (2002) sold 684,000 and 439,000 copies, respectively, in their first week on the market.

On Wednesday Apple reported its first quarter financial results and the company broke more records, naturally. Apple posted a $13.1 billion profit on $54.5 billion in revenue. Compare this to one year ago, that’s up from a profit of $13.06 billion on $46.33 billion in revenue. Says CEO Tim Cook: “We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter. We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

Now let’s break it down by product category. Apple sold 47.8 million iPhones in the quarter (compared to 37 million in the year-ago quarter); 22.9 million iPads (compared to 15.4 million); 4.1 million Macs (compared to 5.2 million); and 12.7 million iPods (compared to 15.4 million). The company’s “hobby” Apple TV sold 2 million units representing a 60 percent unit increase over the year-ago quarter.

Looking ahead to the second fiscal quarter of 2013, Apple CFO Peter Oppenheimer expects revenue between $41-$43 billion.

Leading up to and following Apple’s quarterly financial results, its stock (AAPL) took a nosedive below the $500 threshold. Today, January 24, it dropped 63.51 points (12.35%) to $450.50 when the market closed. After hours it dropped another 2.13 points to $448.37. If there was a time to announce an exciting new product that promises to revolutionize the way we watch and consume TV content, that time would be now.

[Via Apple]

Another Call of Duty game released, another record is set. On November 13 Call of Duty: Black Ops II came out and in 24 hours the shooter generated more than $500 million worldwide. For the fourth consecutive year, Call of Duty is the biggest entertainment launch of the year following Modern Warfare 2 (generated $310 million in 24 hours in 2009), Black Ops ($360 million in 2010), and Modern Warfare 3 ($400 million in 2011). “Life-to-date sales for the Call of Duty franchise have exceeded worldwide theatrical box office receipts for Harry Potter and Star Wars, the two most successful movie franchises of all time,” said Activision Blizzard CEO Bobby Kotick in a press release.

In other video game sales news, Halo 4 released last Tuesday on November 6 and raked in over $220 million on launch day. This makes it the most successful Halo launch in the franchise’s history, narrowly beating sales of Halo: Reach which generated $200 million in 2010. It was expected that Halo 4 sales would surpass the $300 million mark during its first week on the market, but that figure has not been made official yet. Stay tuned.

On Thursday Apple reported its fourth quarter financial results, and it’s another record-breaker for the company. Apple posted a $8.2 billion profit on $36 billion in revenue. Compare this to one year ago, that’s up from a profit of $6.62 billion on $28.72 billion in revenue. Says CEO Tim Cook: “We’re very proud to end a fantastic fiscal year with record September quarter results. We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

Now let’s break it down by product category. Apple sold 4.9 million Macs during the quarter (representing a 1 percent unit increase over the year-ago quarter); 26.9 million iPhones (representing an 58 percent unit growth); 14 million iPads (representing a 26 percent unit growth); and 5.3 million iPods (representing an 19 percent unit decline). Their “hobby” known as Apple TV sold 1.3 million units generating revenue that Cook admits is ”quite small” but he is still dedicated to the streaming product.

Looking ahead to the first fiscal quarter of 2013, Apple CFO Peter Oppenheimer expects revenue of about $52 billion and diluted earnings per share of about $11.75.

[Via Apple; Engadget]

To say Apple’s latest iPhone is popular is a huge understatement. In a press release outed on Monday, Apple reported that over five million iPhone 5s were sold in three days over the course of the device’s launch weekend (Friday, September 21 to Sunday the 23rd). Two million of them were preordered in the first 24 hours. In addition, Apple shares that over 100 million devices have been updated to iOS 6 since its September 19 debut.

“Demand for iPhone 5 has been incredible and we are working hard to get an iPhone 5 into the hands of every customer who wants one as quickly as possible,” said Apple CEO Tim Cook. “While we have sold out of our initial supply, stores continue to receive iPhone 5 shipments regularly and customers can continue to order online and receive an estimated delivery date. We appreciate everyone’s patience and are working hard to build enough iPhone 5s for everyone.”

To restate what Cook said in his obligatory quote, the press release admits: “Demand for iPhone 5 exceeded the initial supply and while the majority of pre-orders have been shipped to customers, many are scheduled to be shipped in October.”

Today the iPhone 5 is available in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Singapore,and the UK. On September 28 it goes on sale in 22 more countries and by the end of the year it will be sold in over 100 countries. This is only the beginning for the smartphone to beat. Jump after the break for the full PR.

[Via Apple 1, 2] (Click here for more…)

On Tuesday Apple reported its third quarter financial results, and while this wasn’t a typical record-setting quarter, it was one the company still remains confident about. Apple posted a $8.8 billion profit on $35 billion in revenue.  Compare this to one year ago, that’s up from a profit of $7.3 billion on $28.6 billion in revenue.  Says CEO Tim Cook: “We’re thrilled with record sales of 17 million iPads in the June quarter. We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”

Now let’s break it down by product category.  Apple sold 4 million Macs during the quarter (representing a 2 percent unit increase over the year-ago quarter); 26 million iPhones (representing an 28 percent unit growth); 17 million iPads (representing a 84 percent unit growth); and 6.8 million iPods (representing an 10 percent unit decline).

Looking ahead to the fourth quarter, Apple CFO Peter Oppenheimer expects revenue of about $34 billion and diluted earnings per share of about $7.65.

[Via Apple]

On Tuesday Apple reported record March quarter results and they go like this. Apple posted a $11.6 billion profit on $39.2 billion in revenue.  Compare this to one year ago, that’s up from a profit of $6.0 billion on $24.7 billion in revenue.  Says CEO Tim Cook: “We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter. The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

Now let’s break it down by product category.  Apple sold 4 million Macs during the quarter (representing a 7 percent unit increase over the year-ago quarter); 35.1 million iPhones (representing an 88 percent unit growth); an impressive 11.8 million iPads (representing a 151 percent unit growth); and 7.7 million iPods (representing an 15 percent unit decline).

Following this announcement, Apple stock (AAPL) jumped significantly to $610 (a +50 increase), just surpassing Google’s stock that was at $609 that day. Today APPL has cooled down a bit and rests at $603 and Google has taken the lead once more and holds steady at $614.98.

Looking ahead to the third quarter, Apple CFO Peter Oppenheimer expects revenue of about $34 billion and diluted earnings per share of about $8.68.

[Via Apple]

On March 19 Apple released a statement announcing that their “resolutionary” new iPad is the fastest selling slate they’ve sold so far. In just three days–from launch on March 16 to the 19th–Apple sold over three million new iPads.

Apple’s Phil Schiller said this. ”The new iPad is a blockbuster with three million sold―the strongest iPad launch yet. Customers are loving the incredible new features of iPad, including the stunning Retina display, and we can’t wait to get it into the hands of even more customers around the world this Friday.”

That Friday, March 23, has come and gone and now the iPad is being sold in an additional 24 countries. No further announcements have been made, but rest assured that the new iPad is doing just fine on the market. Who knows? Maybe the idiom “sells like hotcakes” will one day become “sells like iPads.”

In other news, AT&T has announced that it has set a new single-day record for its iPad sales and activations. Full PR after the break.

[Via Apple; Engadget] (Click here for more…)

Nintendo is celebrating its 3D portable’s first (US) birthday a few weeks early by releasing an impressive sales figure. (The 3DS was initially released in Japan on February 26, 2011 and later in the US on March 27.) In the States, Nintendo has sold 4.5 million  3DS hardware units since March 2011–that’s nearly twice as many units as the original DS sold in its first year on the market.

Says Nintendo of America President Reggie Fils-Aime: ”Nintendo 3DS closes its first year with a lengthy list of accomplishments but we’re still just scratching the surface. With a massive lineup of first- and third-party games and more on the way, a budding library of entertainment options and an engaged and growing installed base, Nintendo 3DS has an incredibly bright future. We’re just getting started but this platform is built for the long haul.”

Continue the party after the break with the official press release which takes a journey down memory lane highlighting some of the major milestones the 3DS captured over the past year.

[Via Nintendo] (Click here for more…)

Apple’s 2012 first quarter financial results are in and it’s reporting record breaking numbers here including highest quarterly revenue and earnings ever and all-time record sales for the Mac, iPhone, and iPad. Apple posted a $13.06 billion profit on $46.33 billion in revenue.  Compare this to one year ago, that’s up from a profit of $6 billion on $26.74 billion in revenue.  Says CEO Tim Cook: ”We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs. Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

Now let’s break it down by product category.  Apple sold 5.2 million Macs during the quarter (representing a 26 percent unit increase over the year-ago quarter); an impressive 37.04 million iPhones (representing a 128 percent unit growth); 15.43 million iPads (representing a 111 percent unit growth); and 15.4 million iPods (representing an 21 percent unit decline).

Other interesting facts to come out of the earnings call… Apple sold 1.4 million units of Apple TV, its designated “hobby” in the TV space; the company’s latest effort to revolutionize the education market has started off strong seeing over 600,000 downloads of iBooks Author from the Mac App Store; there are currently over 85 million people using Apple’s iCloud services; and CEO Tim Cook admitted this: “There is cannibalization of the Mac by the iPad, but we think there’s more cannibalization of Windows PCs by the iPad – we love that trend.” Oh snap, indeed.

Looking ahead to the second quarter, Apple CFO Peter Oppenheimer expects revenue of about $32.5 billion and diluted earnings per share of about $8.50.

[Via Apple; Engadget 1, 2, 3, 4]

The new year is just underway, and Nintendo wants to make sure the world knows how well they’re doing and how confident they are heading into 2012. In a gleeful press release, Ninty broke news that they sold more than 12 million total hardware units in the US  in 2011. It breaks down like this: 4.5 million units of Wii, more than 4 million Nintendo 3DS systems, and over 3.4 million units of the Nintendo DS family of systems were sold last year. Some calculations later, the current install base for Wii is 39 million and for Nintendo DS it’s over 51 million. The house that built Mario blames their recent successes on a strong software lineup. 3DS games Super Mario 3D Land and Mario Kart 7 have been crowned the fastest-selling titles in the history of their respective franchises when they launched. Additionally, Nintendo notes that they are now also the first 3DS games to sell 1 million units each in the US. Zelda also made an impact on the Wii; The Legend of Zelda: Skyward Sword became the 45th Wii game to sell over 1 million units in the States. And 2012 is already looking to be a solid year for Nintendo with highly anticipated games on the horizon; first-party titles from franchises such as Mario Party, Pokémon, and Kid Icarus as well as third party titles like Resident Evil Revelations (Capcom) and Metal Gear Solid 3D Snake Eater (Konami) are coming soon. And of course, don’t forget that their next home console the Wii U is expected to launch later this year. Get the full debrief directly from Nintendo after the break.

[Via Nintendo] (Click here for more…)

Infinity Ward’s latest first-person shooter Call of Duty: Modern Warfare 3 launched one week ago on November 8 and on that day the game sold over 6.5 million units in North America and the UK generating over $400 million in sales. MW3 is the biggest entertainment launch of all time. Does this all sound familiar to you? Well that’s because this is the third consecutive year that the Call of Duty franchise has set day one launch records across all forms of entertainment. It started in 2009 when Modern Warfare 2 sold 4.7 million copies and generated $310 million in sales; and then it happened again the very next year when Black Ops sold 5.6 million copies and made $310 million.

Activision CEO Bobby Kotick shared his enthusiasm about the franchise’s success in a press release. ”We believe the launch of Call of Duty: Modern Warfare 3 is the biggest entertainment launch of all time in any medium, and we achieved this record with sales from only two territories. Other than Call of Duty, there has never been another entertainment franchise that has set opening day records three years in a row. Life-to-date sales for the Call of Duty franchise exceed worldwide theatrical box office for “Star Wars” and “Lord of the Rings,” two of the most successful entertainment franchises of all time.”

Same time, same place next year, people?

[Via PRNewsWire]

Apple’s 2011 fourth quarter financial results have been posted, and for the first time in a long time they have not met Wall Street expectations. Apple posted a $6.62 billion profit on $28.27 billion in revenue.  Compare this to one year ago, that’s up from a profit of $4.31 billion on $20.34 billion in revenue.

Here’s the break down by product category.  Apple sold 4.89 million Macs during the quarter (representing a 26 percent unit increase over the year-ago quarter); 17.07 million iPhones (representing a 21 percent unit growth); 11.12 million iPads (representing a 166 percent unit growth); and 6.62 million iPods (representing an 27 percent unit decline).

Why the low figures, especially in the iPhone department? Analysts are blaming the late introduction of the next iPhone (the iPhone 4S) and the fact that it wasn’t a totally redesigned iPhone 5. Though the numbers didn’t reach expectations, newly appointed CEO Tim Cook exuded optimism in a press release. ”We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion. Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.” Apple did sell over four million iPhone 4S devices in just three days, so to say the product launch hurt the company would be downright false. Following the earnings announcement, Apple stock (which hit an all-time high of 422.24 today) fell 28.19 (-6.68%) after hours.

Looking ahead to the first quarter in 2012, Apple CFO Peter Oppenheimer expects revenue of about $37 billion and diluted earnings per share of about $9.30. Let’s see if they can get things back on track next time.

[Via Apple]

Between September 8 and September 13, 1500 pairs of the 2011 Nike Mag sold on eBay. In total, the eBay auctions over that ten-day period raised $5,695,190.53; all proceeds are going to Michael J. Fox’s charity for Parkinson’s research. But it doesn’t end there. Remember that Google founder Sergey Brin and his wife Anne Wojcicki have offered to match all donations to the Foundation up to $50 million through the end of 2012. With that taken into consideration, the grand total morphs into a whopping $11,390,381.10. What an impressive feat for sneakerheads, Back to the Future fans, and the Parkinson’s community!

The celebration doesn’t end here. It continues after the break where you’ll find four “official” Nike videos providing behind-the-scenes looks at the making of the shoe from the future. Now all we have to do is wait until 2015 when the real Nike Mag comes complete with auto-lacing.

[Via Stupiddope] (Click here for more…)

Jay-Z and Kanye West, arguably the two greatest rappers alive, hung out and created an album together. It shouldn’t come as a surprise that first weeks sales for the collaborative effort Watch The Throne are nothing short of impressive. According to Nielsen SoundScan, 436,000 copies of the album were sold as it debuted at the top spot on the Billboard 200 chart. This marks the second-largest sales week of the year for an album; Watch The Throne simply couldn’t come close to Lady Gaga’s Born This Way which sold 1.1 million copies when it released in May. Throne accumulated 321,000 legal downloads, marking the second-largest digital week ever; again it trails behind Born This Way (662,000 downloads). In addition, according to various sources Throne managed to break the iTunes first-week sales record by surpassing Coldplay’s 2008 release Viva La Vida (282,000) with a staggering 290,000 downloads.

Now you might be looking at that 436,000 number and think it’s rather low for such an anticipated album release. It all ties back to the way in which Jay & ‘Ye trickled the album to the masses. Throne was made exclusively available through iTunes from Monday August 8 to the 11th, and then it released wide to all digital and physical retailers. If the duo had dropped the album traditionally (by allowing all retailers to sell it on the 8/8 release day) analysts are certain that they would have moved over 500,000 copies. I will keep track of second-week sales and we’ll see if the numbers prove that theory. For an album that wasn’t promoted all that much by the artists and their record labels, Watch The Throne and all its “luxury rap” proved to be a hot commodity this summer.

And if that wasn’t enough, Throne becomes the latest major achievement for the rappers that put it together. The album is Jay-Z’s 12th No. 1 and Kanye’s 5th. Jay-Z maintains the record for the most No. 1 albums in history as a solo act.

[Via Billboard]

Apple’s 2011 third quarter financial results are in and it’s reporting its best quarter ever. Apple posted a $7.31 billion profit on $28.57 billion in revenue.  Compare this to one year ago, that’s up from a profit of $3.25 billion on $15.70 billion in revenue.  Says CEO Steve Jobs: ”We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent. Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall.”

Now let’s break it down by product category.  Apple sold 3.95 million Macs during the quarter (representing a 14 percent unit increase over the year-ago quarter); a whopping 20.34 million iPhones (representing a 142 percent unit growth); 9.25 million iPads (representing a 183 percent unit growth); and 7.54 million iPods (representing an 20 percent unit decline).

Looking ahead to the third quarter, Apple CFO Peter Oppenheimer expects revenue of about $25 billion and diluted earnings per share of about $5.50.

[Via Apple]

It’s time to take a closer look into the exciting and ever-expanding smartphone market. The NPD Group, a market research company, has done some number crunching for us to determine US smartphones sales for the first quarter of 2011. They break it down by smartphone manufacturer: Android-powered smartphones accounted for 50 percent of smartphone unit sales in Q1 2011 (falling 3 percent from last quarter); Apple’s iOS gained some ground jumping 9 percentage points to comprise 28 percent of smartphone sales; and RIM remains in a distant third place, dropping 3 percentage points to 14 percent for the quarter. Ross Rubin, executive director of industry analysis for NPD, explains Apple’s growth and Android dip (spoiler alert: it’s the Verizon iPhone’s fault): ”Apple and Verizon had a very successful launch of the iPhone 4, which allowed the iPhone to expand its market share that was previously held back by its prolonged carrier exclusivity with AT&T. While some of that growth came at the expense of Android operating system (OS), Android models still accounted for half of all smartphones sold in the quarter.” Thanks to the iPhone being available on the world’s two largest carriers, Apple (14 percent) is now the third-largest handset brand in the US behind LG (18 percent) and Samsung (23 percent).

Here are a couple fun facts for you to chew on. This quarter marks the first time a majority (54 percent) of all new mobile-phone handsets purchased by U.S. consumers were smartphones. Woohoo, yay technology! And here are the five top-selling mobile phone in the country: iPhone 4, iPhone 3GS, Motorola Droid X, HTC EVO 4G, and HTC Droid Incredible. Go Apple and HTC!

[Via NDP]

It’s happened again… Apple’s 2011 second quarter financial results are in and it’s another record-breaking one for the tech company. Apple posted a $5.99 billion profit on $24.67 billion in revenue.  Compare this to one year ago, that’s up from a profit of $3.07 billion on $13.5 billion in revenue.  Says CEO Steve Jobs: ”With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders. We will continue to innovate on all fronts throughout the remainder of the year.”

Now let’s break it down by product category.  Apple sold 3.76 million Macs during the quarter (representing a 28 percent unit increase over the year-ago quarter); 18.65 million iPhones (representing a 86 percent unit growth); and 9.02 million iPods (representing an 17 percent unit decline).  It was specified that the company sold 4.69 million iPads during the quarter, and we can compare this total to the number of iPad sold in 2011 Q1: 7.33 million.

Looking ahead to the third quarter, Apple CFO Peter Oppenheimer expects revenue of about $23 billion and diluted earnings per share of about $5.03.

[Via Apple]

Now isn’t this curious news? According to the IDC, a market research and analysis firm, smartphone manufacturers pushed out 100.9 million units during the final quarter of 2010. Compare to this number of PCs sold during that same quarter: 92.1 million. For the first time ever, smartphones outsold traditional computers. Think about that for a second. Pretty crazy, huh? Alarming, no. With innovators like Apple, RIM, and HTC churning out mobile devices left and right, we all knew this day (erm, quarter) would come when the inevitable would strike. And don’t forget–phones are steadily evolving into pocketable computers now aren’t they?

The IDC provides us with more fun facts, if you’re interested. Smartphones shipped during Q4 2010 were up 87.2 percent from the 53.9 million smartphones shipped during the Q4 2009. They say Google’s mobile OS Android “continues to gain by leaps and bounds” and they call Nokia’s Symbian the market leader, interestingly enough. They calculate the top 5 (Q4 2010) smartphone vendors to be Nokia, Apple, RIM, Samsung, and HTC. On the PC front, they name HP, Dell, Toshiba, Acer, and Apple to be the top 5 (Q4 2010) PC vendors. Computer shipments rose by a meager 2.7 percent compared to the year-ago quarter. They say Apple’s iPad managed to stifle demand and competition and thusly constrain PC shipments.

[Via IDC, here & here; Engadget]