Apple executives speak: On toaster-fridges, financial guidance, and lawsuits

25.04.2012

But I'd also point out that the new iPad was supply constrained last quarter for the full three weeks or so that it was shipping and is actually still constrained, and so the mix of the new iPad to the iPad 2, we're not certain of what that is yet. But we are certain with what we've seen so far, that the absolute sales of iPad 2, at least in the early going is very exciting.

On the iPhone, we continue to be very happy with the move that we made in pricing just a few months ago on the iPhone 3GS and the iPhone 4, and both of them contributed to our ability to achieve 35 million in sales which is our second highest quarter of all time.

As you said, we did outgrow the market max rate about seven percent, where the market grew about two, and so this is the 24th straight quarter that we've outgrown the market and so we're extremely pleased with that. Compared to last year is largely affected by the fact that we changed the bulk of our portable line--the MacBook Pros in the February timeframe of 2011--and so it's a very tough compare, specifically the portables last year were up 53 percent year-on-year, and obviously that compare was very difficult.

If you look at it sequentially, you also have to factor in that we had fourteen weeks in the December quarter, so the 26 percent year-over-year growth in the December quarter is probably more like 17 percent when you factor out that 14th week. And so, yes, I think there was some cannibalization from iPad, and the market is slow, but the much much larger factor, and in fact it might be the vast majority of the difference, is compared to a year ago.