Steve Jobs Trashes Tablet Competitors
Following Apple reporting it's first-ever $20 billion quarter, CEO Steve Jobs made a surprise appearance hitting out at competitors after the company's shares took a tumble.
Steve Jobs rarely makes appearances on these conference calls, allowing Tim Cook and Peter Oppenheimer to hold court. When he does show up however, listeners are usually in for a treat. Unlike some CEOs, Steve Jobs isn't afraid to mince words or shy away from tough questions.
Jobs took the opportunity of Apple's profit announcement to launch an attack on rival tablet computers like Samsung's Galaxy Tab which is far smaller than the iPad.
He said: 'The current crop of 7-inch tablets is going to be DOA, dead on arrival. Their manufacturers will learn the painful lesson that their tablets are too small.'
He went on to suggest that there were only a 'handful of credible entrants' in the tablet computer market, which iPad has dominated and Research in Motion's BlackBerry device were still lagging behind iPhone sales in the US.
'I don't see them catching up with us in the foreseeable future,' Jobs said.
When it came to Google, Jobs didn't mince words. He criticised Google's Android mobile operating system, which has become highly popular, as a 'fragmented' operating system. It's clear he sees Android as a big competitor and admits that there's a chance more Android-based units shipped than iOS units in the September quarter.
The launch of the iPhone 4 helped make up the small but unexpected under-performance of the debuting iPad, the company's latest gadget, which experienced problems with supply and signal efficiency.
The fall in shares came as Apple gave a cautious forecast for the rest of the year despite posting large profits in the last quarter.
The California-based company's profits jumped to record levels up from $8.2 billion to $14 billion and Apple Chief Financial Officer Peter Oppenheimer said it was down to the quality of their products.
"When you're shipping the best products ever, these are the results you expect to see," he said.
Experts believe it is testament to the power of the Apple brand that consumers are still happy to pay a premium for the company's products even in the current economic climate.
'When the iPad launched, it was dismissed as an over-sized iPhone but Apple, once again, was ahead of the curve and the iPad has comprehensively defied the critics.
'The statistics don't lie. Since the launch of the iPhone 4, almost a third of our traffic has been for Apple. That's more than BlackBerry, HTC, LG and Motorola put together.
'The iPhone is still the go-to mobile for fun, zeitgeisty apps and last but not least, iPhones are still the coolest looking smart phones on the planet.'
The call, which will be available for replay on Apple's site two weeks and in iTunes as a podcast, shed lots of light on how Apple views its business and the overall technology market at large.
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