Tuesday, October 19, 2010

iPad Passes iPod, iPhone Next?

I remember when the iPad was first announced like it was yesterday. A prompt google search asked me if I meant iPod? For about 3 weeks!

Apple's iPhone business continues to surge, even without the new white iPhone. Apple's phone division by far its biggest: An $8.8 billion business last quarter, resulting in 43% of Apple's overall sales, and nearly doubling year to year.

In 2003, in an interview with Walt Mossberg at the All Things D conference, Jobs stated that "Apple wouldn't do well in the cell phone business". According to this chart, you are lucky you changed your mind Steve!

No need to get "Back To The Mac" as Mac's had its best fiscal quarter ever at $4.9 billion, the iPad shows nearly twice the revenue ($2.8 billion) of the iPod ($1.5 billion). During that same interview above, Steve Jobs stated that Apple was not working on a tablet. "There are no plans to make a tablet," Jobs said. "It turns out people want keyboards.... We look at the tablet, and we think it is going to fail."

Apple is still growing overall, still relatively fast, with $20.3 billion in sales last quarter.

Apple grew 65% year to year. By comparison, Google has grown revenues 23% year to year last quarter, and BlackBerry's creator RIM has grown 31% year to year in their most recent quarter.

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iPad, I'm Lovin' IT!