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Friday, September 22, 2017 11:48 AM

Tag: Apple iPad

With Sales Sputtering, Apple's iPad Looks To IBM Alliance

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Apple's iPad looks to IBM allianceApple Inc’s iPad is losing steam just four years after its release, but an alliance with International Business Machines Corp could rejuvenate a flagging product by entering into a largely untapped corporate market.

Apple shipped 13.2 million iPads in the June quarter, 8 percent fewer than a year earlier and lagging Wall Street’s forecast for 14 million or more. Sales of the device, which accounted for 15 percent of revenue, fell short of Wall Street’s expectations for the second quarter in a row.

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