Although Apple CEO Tim Cook remains "bullish" on the future of tablets, Apple and the market generally for tablets is declining as consumers continue to favor large-screen smartphones for tablet-like functions, and as companies struggle to figure out what the replacement cycle for the still-popular devices is or should be, says research firm IDC. According to Apple, it sold 11.2 million iPads (with shipments of 10.9 million) in its fiscal third quarter, down from 13.7 million sold in the previous quarter.