iPad BOM decreases as margins grow

Quarterly revenue from iPad and related products and services was $2.84 billion on sales of 4.69 million units, or nearly nine percent of the total $24.67 billion in revenues Apple reported for the entire March quarter. If sales had matched 7.33 million iPad shipped in the holiday quarter, quarterly iPad revenue could have hit $4.61 billion. [...]

Source: http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/aJzE4ZQdYw8/

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