Let's crunch a few numbers: Apple sold 4.69 million iPads in the last three months

Let's crunch a few numbers: Apple sold 4.69 million iPads in the last three months -- "every iPad 2 we were able to make," Peter Oppenheimer, the financial chief said -- versus the Times's 100,000 digital plans.
The Times' Web-only subscription base "should be in the millions, but it's going to take them time to get there," Daley said. "It's an adjustment for their customers. It's an adjustment for their business."
The Times' financial health, like that of many print-centric media companies, is less than stellar. The company's profits fell sharply over the last few months due to a struggling advertising market.
"You have a business still whose core revenue model is changing dramatically," Daley said. "You're talking about a company that is half advertising-based, half subscription-based."




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