Newsflash: Apple is white hot right now, in case you hadn’t noticed. Having very little competition in the tablet space? Good for business. Having a wildly popular cell phone? Good for business. Redesigning the MacBook Air and dropping the starting price to just under $1,000? Also good for business.
On a conference call yesterday (you can listen to it here or read the transcript here), Apple touted “all-time record quarterly revenue and earnings.” The company raked in $26.7 billion in revenue and $6 billion in profit, fueled in large part by sales of “more Macs, iPhones and iPads than in any previous quarter in Apple’s history.”
Apple sold over 4 million Macs, over 16 million iPhones and over 7 million iPads. Sales of iPods topped 19 million, which was actually a 7 percent decline versus the same quarter last year. That’s understandable as iPhone sales tend to cannibalize iPod sales somewhat. Of the iPods sold last quarter, more than half of them were iPod Touch models.
Apple COO Tim Cook fielded questions from researchers and analysts, yet no questions were taken from tech reporters and, of those who asked questions, none asked about the health of Apple CEO Steve Jobs.
Piper Jaffray’s Gene Munster came closest when asking Cook about Apple’s “long-term business planning,” to which Cook replied with the following:
“Well, Gene, that’s part of the magic of Apple. And I don’t want to let anybody know our magic because I don’t want anybody copying it. What I would tell you is that in my view, Apple is doing its best work ever, that we are all very happy with the product pipeline. And the team here has an unparalleled breadth and depth of talent and a culture of innovation that Steve has driven in the company, and excellence has become a habit. And so we feel very, very confident about the future of the company.”
This somewhat mimics my recent thoughts on an Apple without Steve Jobs—albeit without the multiple references to magic. Jobs seems to have Apple fine-tuned to the point that, at least in the short term, his executive team will be able to keep the company’s winning streak alive.
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