Apple reports $20 billion quarter, dismisses 7-inch tablets

By Matthew ยท 8 replies
Oct 18, 2010
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  1. Apple has announced its fiscal 2010 fourth quarter results ending September 25, marking the company's best period yet with revenue up 67% on-year. The company posted revenue of $20.34 billion on profit of $4.31 billion or $4.64 per diluted share, higher than investors' forecasted $17.87 to $19.86 billion revenue.

    Read the whole story
  2. lol @ Mr. Jobs... this guy cracks me up. I saw the iPad... I went and played with it at the store, then set it down after a few minutes. The hardware is nice, solid, good display... but the OS sucks and can't do anything as far as i'm concerned. I said to myself "I wonder if anyone will make some iPad competitors, then maybe i'll buy one of those". 6 months later there are several companies making competitors, some of which will run a Windows 7 OS. I know I will be buying one of these, I just don't know which yet. I also know several friends who dismissed Apple's iPad and are waiting for some competition.

    So I don't think the smaller competitors are anything to scoff at. I'm betting they may get a quarter of the market share if they are decent products, which would be a decent hit to Apple's future iPad sales. But most of those who couldn't sit back and analyze the situation already pulled the trigger and got an iPad. They may be selling and trying to get one of these 7" competitors when they come out...
  3. aj_the_kidd

    aj_the_kidd TS Rookie Posts: 555

    Apple, Love it ot hate it, its not going away based on these numbers, :(
  4. IamBD

    IamBD TS Rookie Posts: 31

    Steve Jobs, just say what your really thinking. "People will like what I tell them to like".
  5. 2Go Pad SL10.
    I just got one. I bet it's a good competitor.
  6. Is it true that the iPad can't even run a full version of iTunes so you still have to sync to it's tiny amount of storage it like you would with an iPod, and is it also true that you can't stream music or video from other computers running iTunes on your LAN? If so, I definitely expected more from Apple.
  7. I still can't understand why people buy tablets ...give me an Iphone and a Laptop
  8. SNGX1275

    SNGX1275 TS Forces Special Posts: 10,742   +421

    Do you think Apple is just sitting idly (and raking in profits) while 'competitors' were scrambling to create something? My guess is no. Apple made the first real tablet to make an impact in the consumer market, now people are trying to compete so they have to introduce things the iPad can't do. I really doubt Apple is just sitting there thinking they've won forever, they are working on things to distinguish themselves from the competitors of the future.

    I think another way of looking at your situation would be to look at all the time and things you've missed doing on a tablet because you were waiting for something with a different feature, rather than seeing it the way you are.

    *I do not own, or know anyone who owns an iPad
  9. LinkedKube

    LinkedKube TechSpot Project Baby Posts: 3,485   +45

    Unfortunately snx by the time ces comes around ipods/ipads etc etc are being showcased and then from time to launch is simply not enough time to r&d a "brand new," technology. I'd say apple has the tablet market in the bag for at least another year as far as sales.

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