NEWS
Walmart Buying 19K iPads for Employee Training
3035
2017-08-04
Posted by 3uTools

Walmart loves the iPad so much it’s buying 19,000 to use for employee training and administrative work. Apple CFO Luca Maestri shared that detail during the company’s third fiscal quarter earnings report Tuesday afternoon.


The retailer plans to complete its iPad purchases before the end of the year. Maestri said Walmart is enthusiastic about its iPad program.


Apple is no doubt happy to tell everyone about corporate iPad purchases considering the tablet went through several years of declining sales. Deals like this Walmart purchase send the signal that the iPad is the tablet for businesses.


Walmart Buying 19K iPads for Employee Training


iPad sales were up 15 percent year-over-year at 11.4 million units, breaking that multi-year decline. iPhone sales hit 41 million for the quarter.


Apple reported US$45.4 billion in revenue with earnings per share at $1.67. Looking forward, Apple is guiding fourth quarter revenue between $49 billion and $53 billion with gross margins between 37.5% and 38%.


Source: macobserver


Related Articles
Apple CFO Luca Maestri to Speak at 2017 Goldman Sachs Technology and Internet Conference Apple Executives Receive Stock Worth Over $19 Million Each as RSUs Awarded in 2014 Vest CFO Luca Maestri Discusses Apple Research Spending in an Interview iPhone Xs Max and iPhone 9 Cases Discovered at Walmart IPhone X Sales Kick Off in Australia With Long Lines Apple CFO Pours Cold Water on Trump’s Grand iPhone Plans Apple Reports 3Q 2017 Results Apple Stock Was Down 3.3% at Market Close on Wednesday.