SAN FRANCISCO: Apple Inc's iPad is losing steam just four years after its release, but an alliance with International Business Machines Corp could rejuvenate a flagging product by entering into a largely untapped corporate market.
Apple shipped 13.2 million iPads in the June quarter, 8% less than a year earlier and lagging Wall Street's forecast for 14 million or more. Sales of the device, which accounted for 15% of revenue, fell short of Wall Street's expectations for the second quarter in a row.
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