Good news for Apple, bad news for Google
Apple Inc.’s results exceeded Wall Street’s expectations after iPhone and Macintosh sales scaled new heights and iPad supplies could not keep up with global demand, Reuters reported.
Apple shares rose 3 percent after the company said a record 18.65 million units of the iPhone were sold in the first quarter, outpacing the 16 million expected.
Apple sold 4.69 million iPads, which command an 80 percent share of the tablet computer market. Company executives said they were scrambling to meet “staggering” demand and were heavily backlogged for now.
The news wasn’t so good for Google Inc.’s Android mobile-phone platform today, Bloomberg reported. The platform faces soaring software attacks and has little control over the applications, according to security firm Kaspersky Lab.
Applications loaded with malicious software are infiltrating the Google operating system at a faster rate than with personal computers at the same stage in development, said Nikolay Grebennikov, chief technology officer for Kaspersky. The company identified 70 different types of malware in March, compared with just two categories in September.