Earnings Call: Apple Says It Can’t Make Enough New iPhones To Meet Demand

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Credit: Apple

Apple (NSDQ: AAPL) peeled back the curtain a bit today, revealing just how well iPhones sales are going — and how it is cannibalizing sales of their legacy iPods. Apple’s CFO Peter Oppenheimer said during the company’s Q3 earnings conference call that they are thrilled to have sold 5.2 million iPhones during the period. In fact, “we can’t make enough iPhone 3GS’s to meet demand.”

In the question-and-answer period, Apple’s COO Tim Cook declined to break down iPhone sales between the older 3G $99 model vs. the iPhone 3GS, which added features, such as video-recording and an internal compass. But he said: “As we made the changes — both the launch of the 3GS and the price reduction — we saw a significant increase in total sales. We don

4 Comments

novawatson

the apple is the my favorate brand because its touch and feel view its looking different with other…

hypermark

Personally, I thought that one of the more interesting points in the call was when Cook referred to iPod, iPod touch and iPhone as "pocket" products.

To me, this suggests that there is some segmentation/re-classification of their various products planned that is probably timed to the tablet device rollout, something that I blogged about in:

Analysis: Apple June Quarter Earnings Call – Keeping it Real
http://bit.ly/vbi9q

Check it out, if interested.

Mark

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