iPhone and iPad sales miss expectations

Apple ‘s Q3 report has seen it beat earnings expectations but fall short of predicted iPhone and iPad sales.

While the firm beat its earnings expectations, with its profit rising to $7.7bn its iPhone sales came in below the 37m expectation at 35.2m. This is, however, 13 per cent higher on the same quarter a year ago.

There was also a drop in iPad sales. The tablet came in at 13.6m, below analyst expectations of 14m.

A new Apple patent has also revealed a wearable Apple device dubbed the iTime – PCR has more details on that.