A Look at Apple's Best Quarter Ever

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January 22nd, 2009, 19:15 Posted By: wraggster

Summing up Apple's Q1 conference call.

iPhone

The iPhone pretty much destroyed the year goal of 10 million units with 13.7 million iPhones sold thanks to 4.3 million being sold during the quarter. Furthermore, the AppStore did extremely well reaching 15,000 apps and 500,000,000 downloads (which Apple kept 30% of the profit from and declined to announce how much that profit was). The iPhone is now in 70 markets and Apple is continuing to expand their mobile phone influence to other areas. Apple also now has hold of 32% of the smartphone market -- 48% in the U.S.

Aside from the iPhone doing well there doesn't seem to be any indication of a iPhone Nano coming. When questioned on the subject Apple COO Tim Cook said "We'll let somebody else do that. Our objective is not to be the unit-share leader in the cell phone industry, it's to build the world's best phone."

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