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.
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![Chart - iPad Revenue During The Past Year iPad Revenue During The Past Year [CHART]](http://static6.businessinsider.com/image/535ac3bfecad04cd1a505e1f-1200-900/chart-of-the-day-ipad-revenue.jpg)