Apple continues to dominate the market for education tablets.
Apple CEO Tim Cook said that iPads make up 94 percent of the market for education tablet, a stat that he noted was impressive and unheard of in most businesses.
"I've never seen a market share that high before," Cook said Monday during a conference call with analysts.
The company has attempted to push its tablets into the education arena with textbook support and discounts for bulk purchases. Schools represent a potential source of growth at a time when the iPad's market share dominance has eroded in the general consumer market. Cook said the education business represented a potential $1 billion market for Apple.
Apple on Monday reported fiscal fourth-quarter results that topped Wall Street expectations, led by strong iPhone sales. But iPad sales of 14.1 million units was short of estimates and flat from a year ago.
Apple could see a spike in iPad sales in the next quarter, with consumers likely scrambling to buy the
reading•Apple CEO: We've locked up 94% of education tablet market
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