Apple's quarterly net profit soars 70%
Apple reports sales of,
- 3.89 million Macs, up 27% from the same quarter last year
- 14.1 million iPhones, up 91% from the same quarter last year
- 9.05 million iPods, a decline of 11% from the same quarter last year
- 4.19 million iPads (which wasn’t available last year)
Asymco says that 60 percent of Apple’s sales are from products that did not exist three years ago.
Apple's CEO Steve Jobs made a surprise appearance on the company’s earnings call to not only field questions from analysts, but to also give his thoughts on Apple’s competitors in the smartphone and tablet market.
Mashable highlights below things from his talk.
-Open Systems Don’t Always Win
-Apple TV and Other Hobbies
-Apple’s Vision vs. Everyone Else
In this conference call Apple and Jobs were very transparent and very open about how the company sees itself and what strategies it wants to invest in.
You can hear the conference call detail here. And read the details of conference call here.
Reuters is saying as "Jobs blasts rivals as iPad sales disappoint"
Jobs hinted Apple's $50bn cash pile could be used for a sizeable acquisition: "We strongly believe one or more very strategic opportunities may come along that we're uniquely positioned to take advantage of. We don't let it burn a hole in our pocket or motivate us to do stupid things. We do feel there are one or more strategic opportunities in the future."
So, some people are saying that Jobs wants to buy FaceBook. Apple has the cash to buy Facebook outright (Facebook is valued at around US $25-35 billion)
Today I get a chance to see below image with caption "Apple's Obsession". It seems this size increase is applicable for its revenue also.
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