Thursday, April 21, 2011

Apple earnings strong, couldn't meet iPad demand

Apple Inc. is already the envy of the technology world. On Wednesday, it rubbed it in with quarterly results that had only one blemish: It couldn't make the new iPads fast enough."We sold every iPad 2 we could make," Chief Financial Officer Peter Oppenheimer said.Apple sold 4.7 million iPads of both kinds in its latest quarter, below analyst expectations and the holiday quarter's sales. It