Apple admits it has sold EVERY iPad it has made

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• Apple sold 4.7m iPads of both kinds in its latest quarter
• Revenue was $24.7bn in the last year
• The company earned $5.99bn from sales in the quarter
  

Apple has admitted it is struggling to keep up with orders for its coveted iPad2.The company faces the mother of all backlogs with the second generation of the tablet computer, it admitted yesterday.The California computer and electronics giant has sold out of all the iPads it has manufactured and cant make new ones quickly enough to meet the demand.Scroll down to see the official demonstration video of the iPad 2

Popular: Since its first generation release in April 2010, Apple has sold 19.5m iPads

On the up: Apple's quarterly profits and share price graphic makes for impressive reading Apple has sold an astonishing 19.5million first and second generation iPads over the past year and 4.7million in the last quarter alone.The shortfall has done little to hurt the companys burgeoning profits. Apple said the net income for its fiscal second quarter was 3.65billion, up 95 per cent from 1.85billion a year ago.

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The figures were lifted by the record sale of 18.6million iPhones, the most in any quarter since the device was launched in 2007.Apple said it was catching! up with iPad 2 demand, even as it expands the sale of the tablet to 13 more countries next week, bringing the total to 39.

Sitting pretty: Apple CEO Steve Jobs will no doubt be delighted at the latest company figures, boosted by the popularity of the iPadAlthough electronics manufacturers are struggling with disrupted supplies of components from earthquake-ravaged Japan, Apple said it had not suffered any such problems as a result of the disaster.'We sold every iPad 2 we could make,' Chief Financial Officer Peter Oppenheimer told investors in a conference call yesterday.Chief Operating Officer Tim Cook said progress is being made on increasing iPad production.
'I'm very confident that we can produce a very large number of iPads for the quarter,' said Cook.
Its quarterly results were released on the same day that the company came bottom of a green league table of technology firms.The list, compiled by Greenpeace, claimed that Apple relies on dirty coal power to provide energy for its data banks.Competitors are rushing out their own tablets, but none have come close to matching the iPad's reception.Verizon Wireless started selling the phone in the quarter, ending AT&T Inc.'s three-and-half-year period of being the only U.S. iPhone carrier.
In most of the 90 other countries where the iPhone is available, it is sold by more than one phone company.Earlier yesterday, AT&T reported strong iPhone sales, as it continued to upgrade many existing subscribers even in the face of competition from Verizon.Apple, which is based in Cupertino, California, sold 3.8million Mac computers in the quarter - a 28 per cent increase over last year.
The increase is particularly notable given that research firms found a contraction! of 1 pe r cent to 3 per cent in the overall PC market in the same period.For the current quarter, Apple said it expects revenue of $23billion and earnings of about $5.03 per share.
Both figures are below analyst expectations of $23.9 billion and $5.26 per share, respectively.
Apple commonly provides pessimistic outlooks in its forecasts, and Cook said the effects of the earthquake on the Japanese economy would lower revenue by $200million, or about 1 per cent.After the release of the results, Apple shares rose $14.34, or 4.2 per cent, to $356.75 in extended trading, climbing more than half of the way to the all-time high of $364.90.CEO Steve Jobs went on medical leave in January and did not participate on yesterday's conference call, though the figures will, no doubt, thrill him.
'We do see him (Jobs) on a regular basis and as we've previously said, he continues to be involved in major strategic decisions,' Cook said.