Categories: MacMobilityWorkspace

Apple Sales Impress As Cook Updates On Steve Jobs

The man currently running Apple on a day-to-day basis, COO Tom Cook, used Apple’s quarterly earnings call to shed a little light on the company’s upcoming legal battle against Samsung.

He offered a brief update on CEO Steve Jobs, who is officially absent on medical leave.

“We do see him on a regular basis,” he said, referring to Jobs. “He continues to be involved in major strategy decisions.” But would Apple’s famous leader eventually return to full-time duty? “He wants to be back as soon as he can.”

iPad 2 Success

Apple reported strong results for the fiscal 2011 second quarter ended 26 March. Net profit was $5.99 billion (£4.1bn), a significant rise from the year-ago quarter when it reported a quarterly profit of $3.07 billion (£2.1bn). Sales meanwhile were $24.67 billion (£17bn), dramatically up $13.50 billion (£9.3bn).

Helping drive those numbers were quarterly sales of 3.76 million Macs, 18.65 million iPhones, 9.02 million iPods and 4.7 million iPads.

“We sold every iPad 2 that we could make during the quarter,” Apple Chief Financial Officer Peter Oppenheimer said during the earnings call. “Seventy-five percent of the Fortune 500 are testing or deploying the iPad.”

Despite his absence on the actual call (he does show up on occasion, if only to argue that Google Android tablets will always prove inferior to the iPad), Jobs issued an upbeat statement as part of Apple’s earnings release. “We’re firing on all cylinders,” he wrote. “We will continue to innovate on all fronts throughout the remainder of the year.”

Samsung Lawsuit

Apple will almost certainly release a new iPhone and revamped iOS later in the year, along with Mac OS X 10.7 “Lion,” the next version of its operating system for Macs.

Despite Apple’s dominant position in the tablet arena, and commanding market share in smartphones, the company finds itself increasingly challenged by the growing family of Google Android devices. Apple recently filed a patent-infringement lawsuit against one of its biggest rivals in that area, Samsung, which offers an Android-based line of Galaxy Tab tablets and Galaxy S smartphones.

“Rather than innovate and develop its own technology and a unique Samsung style for its smartphone products and computer tablets, Samsung chose to copy Apple’s technology, user interface and innovative style in these infringing products,” Apple wrote in its suit. Soon after, Samsung issued a statement that it was planning to take “legal action” against Apple.

Complicating matters is Samsung’s position as a major Apple components supplier, something that Cook acknowledged during the earnings call.

Android Challenge

“I expect a strong relationship will continue,” he said. Nonetheless, “we felt the mobile division of Samsung had crossed the line … after trying for some time to work the issue, we decided to rely on the courts.”

Android’s growth aside, some analysts expect the iPad to maintain its leadership position in tablets.

“Despite the introduction of competitive 10-inch Android 3.0 (Honeycomb) tablets at CES, MWC and CTIA from OEMs such as Motorola, LG, Samsung and others, we expect Apple to hold dominant market share of the tablet market in C2011,” T. Michael Walkley, an analyst with Canaccord Genuity, wrote in a co-authored April 20 research note. “In fact, our checks indicate strong sales of iPads despite the stock-outs and slowing sales of the Xoom following the iPad 2 launch.”

Samsung is readying two new Android 3.0 tablets, measuring 8.9 inches and 10.1 inches, for release this summer.

Nicholas Kolakowski eWEEK USA 2013. Ziff Davis Enterprise Inc. All Rights Reserved.

Share
Published by
Nicholas Kolakowski eWEEK USA 2013. Ziff Davis Enterprise Inc. All Rights Reserved.

Recent Posts

Ericsson To Cut 1,200 Jobs in Sweden Amid ‘Challenging’ Market

Swedish telecoms giant Ericsson blamed “challenging mobile networks market” and “further volume contraction” for job…

8 hours ago

FTX’s Sam Bankman-Fried Sentenced To 25 Years In Prison For $8bn Fraud

Dramatic downfall. Sam Bankman-Fried sentenced to 25 years in prison for masterminding $8bn fraud that…

9 hours ago

Elon Musk Orders FSD Demo For Every Tesla US Sale

Fallout avoidance? Tesla buyers in the US must be shown how to use the FSD…

10 hours ago

Amazon Pumps Another $2.75 Billion Into Anthropic

Amazon completes its $4bn investment into AI firm Anthropic, after providing an additional $2.75bn in…

12 hours ago

The Sustainability of AI

While AI promises unparalleled efficiency, productivity, and innovation, questions regarding its environmental impact loom large.…

14 hours ago

Trump’s Truth Social Makes Successful Market Debut

Shares in Donald Trump’s social media company rose about 16 percent after first day of…

15 hours ago