It really was an iPad Christmas, but perhaps not as much of an iPhone fall as some had hoped.
Apple sold 51 million iPhones in the first quarter, the first time it has surpassed 50 million iPhones sold in a single quarter, but less than analysts had expected. By comparison, Apple sold 47.8 million iPhones in the same quarter a year earlier.
See also: The 11 Worst Things About iOS 7
Apple CEO Tim Cook had predicted in October that it would be "an iPad Christmas," and it appears he was right. Apple reported selling 26 million iPads, up from 22.9 million the same quarter a year earlier.
Analysts had expected Apple to sell around 55 million iPhones for the December quarter, fueled by the launch in late September of the iPhone 5C and iPhone 5S, and 25 million iPads, thanks to the introduction of the iPad Air and Retina iPad Mini in October.
Apple reported earnings of $14.50 per share on revenue of $57.6 billion for the first quarter, coming in ahead of Wall Street estimates for earnings of $14.09 per share and exactly matching expectations for revenue. That's up from the same quarter a year earlier when Apple reported earnings of $13.81 per share on revenue of $54.5 billion.
The company's stock has been stuck in the $500-range in recent months, after having reached a high of $705 the day the iPhone 5 was released in September 2012. Following the earnings release, the stock dropped by as much as 5% due to lower-than-expected iPhone sales.

Kitchen drawer liner (available at The Container Store, Bed Bath Beyond, Target - basically any home store)
A sharp pair of scissors
Colorful tape. I like duct tape, but gaffer's tape and even electrical tape will work. You can find what you need at most hardware and art stores.
Velcro strips - available at most office supply stores, trim shops, and craft stores.
Cut the drawer liner to the desired length. Two-thirds will become the pocket and the remaining third will be a flap closure that folds down over the pocket. Once you've got it cut to length, fold over one-third to create the pocket.
Once you have measured your pocket, use a piece of tape to cover, secure, and wrap around the entire front and back. This will seal the edges.
Continue to do so, adding pieces of tape around it until you are satisfied with the design. Make sure you have enough tape to keep your pocket intact without large gaps on the sides.
Be sure to smooth the tape flat to make sure there are no air bubbles or bumps.
Optionally, tape the other side to prevent fraying.
Get creative with your colors and design. Add a monogram or try a bold pattern.
Once taped, cut and stick velcro as a closure for the case. One piece should be on the inside flap (bottom), the other on the front flap (top). Be sure to line everything up properly so the case closes well.
Voila!
Ditch your iPad when necessary and use the clutch for other purposes: a travel pouch, accessory bag, document case, etc.