Apple just posted record revenue of $10.17 billion and record net
quarterly profit of $1.61 billion for its fiscal 2009 first quarter
ended December 27, 2008.
During the first-quarter earnings call, Apple's No. 2 and acting CEO, Tim Cook made some interesting comments.
The first one was about the rumored iPhone Nano and the other was about the upcoming competition from Palm's smartphone Palm Pre which is dubbed by many as an iPhone Killer.
Acting CEO of Apple, Tim Cook seems to have killed the numerous iPhone Nano rumors saying:
"You know us, we're not going to play in the low-end voice phone
business. That's not who we are. That's not why we're here. We'll let
somebody do that, our goal is not to be the unit share leader in the
phone industry. It is to build the best phone."
So we were right when we had reported the rumors of iPhone Nano were more a publicity stunt by the case manufacturers and was highly unlikely.
Tim Cook had this to say regarding iPhone's pricing, :
"We are now in over 70 countries with the iPhone and you're correct,
some of them are non-subsidized markets. Examples are, the largest is
in terms of size of the market, our sales are clearly materially less
in those markets than they are in the subsidized markets with
contracts. We are constantly evaluating the best way to play in these
markets. We know there's a huge opportunity here, and we will make
adjustments in the future there to play in a better way."
When asked about the rising competition from Android, Blackberry, and Palm, Tim Cook warned competitors of legal battle:
"We like competition as long as they don't rip off our IP. And we're going to go after anybody that does."
The analyst asked Tim Cook if he was referring to Palm's Pre as it had features like multi-touch which were similar to the iPhone and something that Apple holds patent on. He replied:
"I don’t want to talk about any specific company. We are ready to
suit up and go against anyone. However, we will not stand for having
our IP ripped off."
Interesting, we will keep you posted as this story develops.
What's your take?
[via Apple Insider, Gizmodo]
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Tim Cook is sharpening his AXE!
Well, i am little confused… How do you know that "Low-end Voice phone" is referring to iPhone nano? Coz I don't see iPhone Nano is a low-end voice phone…
+1 i think of the iphone nano as a smaller sleeker iphone, why would it need to be low end?
No matter how competition is going to be hard .. Apple's iPhone is always going to be at least 5 years ahead and when the Palm, Blackberry or the Nokia are getting closer and approaching the iPhone; Apple will release another generation of iPhones with much more advanced technology again and keeps the 5 years gap running all the time.
I love my iPhone.
I guess you haven't seen the video of the Palm Pre from the CES. Apple has only managed to do minor upgrades from one firmware to the other, so small that in fact it makes me nauseous when sites like this start nit picking on each of them and blow them out of proportion. However, when you see the Palm Pre demo, you would notice that they are attempting provide an experience that is several orders of magnitude above iPhone. This is actually good for us iPhone users, as it should wake Apple up and cause them to continue to innovate.
my friend has an iphone nano from china its funny
same sofware as this phone
http://www.youtube.com/watch?v=B2tVE7qRLwk
and the nano is about half the size and he has to use a ds stylus to type messages
can someone explain what he means exactly when he says "However, we will not stand for having our IP ripped off." what does he mean by IP?
Ok this is my whole thing, what is it with all these "iphone killers"? this is my take on it, if there really was such a thing as an iphone killer then that would be the only and last one called that because all other phones would be compared to the best phone, basically that one iphone killer (lets call it b-phone) so that the next phone should be a b-phone killer. The fact that they are still calling all new phones coming out is implying that there is yet one to beat the iphone and it is still the best and the one all other companies compare to. So untill I hear a company say that they have the new b-phone killer what ever that phone may be called Im sticking to the iphone.
mo, IP stands for Intellectual Property, referring to designs and concepts that are wholly Apple's.