Apple on Thursday delivered stronger than expected profits in the recently ended quarter, but shares slid on disappointing iPhone sales and the forecast going into the year-end holiday.
Apple, Huawei and Amazon boosted tablet sales over the past quarter, despite the ongoing slump in the overall market for the devices, surveys showed Thursday.
Amazon is offering a thinner and lighter version of its cheapest, 7-inch tablet, while shaving $10 off the price of an 8-inch model.
The tablet craze from a few years ago showed more signs of fading this year, with most major producers reporting sales declines, market surveys showed Thursday.
Apple is cutting prices on two iPad models and introducing red iPhones, but the company held back on updating its higher-end iPad Pro tablets.
Apple remains the leader in a global tablet computer market which has been in an extended slump for the past two years, according to surveys released Thursday.
The tablet market shrank in the recently-ended quarter, as shipments of bargain-priced computers with detachable screens hit a record high, according to market analysis firm International Data Corporation.
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Global sales of tablet computers extended their slide in early 2016, with some bright spots at the low end of the market and more expensive "detachables," a survey showed Thursday.