SAN FRANCISCO, (Reuters) – Apple Inc’s results smashed Wall Street’s expectations after iPhone and Mac sales scaled new heights while iPad supplies could not keep up with roaring global demand.
Shares of the world’s most valuable technology corporation rose 3 percent after it said a record 18.65 million units of the category-defining iPhone — its flagship product — moved in the March quarter, outpacing the 16 million or so expected.
Apple sold just 4.69 million iPads — which command an 80 percent share of a burgeoning tablet market in which Motorola Inc and Samsung Electronics also
