Apple iPad sales decline for the first time

Apple announced that it sold 14.6 million iPads in the quarter ending June 30, 2013, representing a 14 percent decrease compared to the same period in 2012. This is the first time since the iPad's 2010 launch that year-on-year sales of the device have fallen.

Apple announced that it sold 14.6 million iPads in the quarter ending June 30, 2013, representing a 14 percent decrease compared to the same period in 2012. This is the first time since the iPad's 2010 launch that year-on-year sales of the device have fallen.

The star of the tablet world seems to be facing tougher competition lately, especially from its increasingly popular Android rivals. Gartner predicts that Android devices could account for up to 42 percent of tablet sales in 2014, compared to 22 percent in 2012, taking a sizeable bite of Apple's market share.

Nonetheless, Apple can pride itself on the sales of 31.2 million iPhones, representing a 20 percent increase year on year and a record high for the period. Mac sales, on the other hand, were down by 5 percent, with 3.8 million computers sold over the three-month period.