Hey everyone. The call should start in about 5 minutes. It's me and my colleague Roger Cheng.
by Josh Lowensohn
Howdy all. I hope you're all excited for some Apple financial tidbits.
by Roger Cheng
@Orlando_Ross Listen to the lady!
by Josh Lowensohn
Apple also sold 26 million iPhones in the period...good numbers considering the U.S. carriers AT&T and Verizon Wireless both reported weaker iPhone sales.
by Roger Cheng
@Roger Cheng Not to mention, that whole iPhone 5 thing...
by Josh Lowensohn
@Danny Fernandez Totally. Happens every time.
by Josh Lowensohn
In fact, it's kind of fun to watch them squirm out of answering it.
by Josh Lowensohn
@Danny Fernandez Absolutely. The better question is how long they wait before pulling the iPhone 5 question out.
by Roger Cheng
Opening remarks from Nancy Paxton saying that Apple CEO Tim Cook is on the call, along with CFO Peter Oppenheimer.
by Josh Lowensohn
And Apple treasurer Gary Wipfler.
by Josh Lowensohn
Oppenheimer giving a rundown of the news. Records for iPad, along with iPhone for the quarter.
by Josh Lowensohn
23% growth in revenue for the quarter, with 11% margin.
by Josh Lowensohn
$9.32 per share earnings, but you already knew that.
by Josh Lowensohn
4M Macs, which is the most for any June quarter, Oppenheimer says.
by Josh Lowensohn
That's also a growth compared to IDC's record of PC market share.
by Josh Lowensohn
Customer response from Macbook Retina has been "excellent," says CFO
by Roger Cheng
Oppenheimer going over new Macs introduced during the quarter. Says that the response has been impressive. Oppenheimer adds that it was the best quarter ever for education sales of Macs.
by Josh Lowensohn
Tomorrow: Mountain Lion comes out.
by Josh Lowensohn
Has more than 200 features, Oppenheimer says. That includes iMessages and iCloud integration.
by Josh Lowensohn
Oppenheimer says Apple built iCloud into foundation of Mountain Lion.
by Roger Cheng
Now onto music: 6.8M iPods, which Oppenheimer says were ahead of expectations.
by Josh Lowensohn
iPod Touch continues to account for more than half of all iPods sold, Oppenheimer says.
by Roger Cheng
$1.8B in revenue for Apple's music business.
by Josh Lowensohn
iTunes generates revenue of $1.8B thanks to demand for music and apps, Oppenheimer says.
by Roger Cheng
Oppenheimer says that 14M people have downloaded Apple's iTunes U app, which was revamped earlier this year.
by Josh Lowensohn
iPhone: 26M units sold, 28% YoY growth, and ahead of the number the company factored into its guidance.
by Josh Lowensohn
Apple has iPhone distribution in 250 carriers around the world, Oppenheimer says.
by Roger Cheng
The company has 8.5M iPhones in channel inventory, which is about 4-6 weeks worth Oppenheimer says.
by Josh Lowensohn
The number of iPhones in the Fortune 500 have more than doubled in the past year.
by Roger Cheng
iPhone in the enterprise: More than doubled in the Fortune 500 in the past year, Oppenheimer says.
by Josh Lowensohn
Oppenheimer and Apple really starting to push the Apple products in enterprise story.
by Roger Cheng
17M iPads sold, compared to 9.2M in the same quarter last year. 84% growth there.
Now selling in 97 countries. Revenue for this was $9.2B compared to $6.0B the same quarter. Now 3.2M iPads in channel inventory, which is within 4-6 week range of channel inventory, Oppenheimer says.
by Josh Lowensohn
Oppenheimer says that interest in $399 iPad 2 have been strong in K-12 market. More than 2x as many iPads sold as Macs in education market.
by Josh Lowensohn
That includes Mansfield School District, which bought 11K iPads. Everyone gets one, Oppenheimer says.
by Josh Lowensohn
iPads in schools: Getting kids hooked on Apple products when they're young.
by Roger Cheng
Oppenheimer says the number of ipads in the fortune 500 has more than tripled this year.
by Josh Lowensohn
Now name dropping British Airways using iPads, as well as its use in real estatate.
by Josh Lowensohn
410M cumulative iOS device sales in the quarter, Oppenheimer says.
by Roger Cheng
410M iOS device sales cumulative, Oppenheimer says. And App Stores in 155 countries. 650,000 Apps, including 225K just for the iPad.
by Josh Lowensohn
Now at $5.5B doled out to developers through the App Store.
by Josh Lowensohn
by Josh Lowensohn