Macworld’s Live Coverage of Apple’s Quarterly Earnings Call

Rare appearance from Steve Jobs — he’s only appeared on a handful of quarterly financial calls since 1999. Also: Apple is officially past goal of 10 million iPhones for calendar year 2008, with the entire holiday season ahead.

The main points:

  • Apple’s subscription-based accounting for iPhone sales makes it easier to overlook just how much money they’re making from the iPhone. If not for subscription accounting, iPhone would account for 39 percent of Apple’s quarter.
  • Apple sold more phones than RIM last quarter: 6.9 vs. 6.1 million.
  • Measured by revenue, Apple is the third-largest mobile phone supplier in the world, behind only Nokia and Samsung. And they’ve been in the market for just 15 months.

Also: Excellent live coverage from MacJournals on Twitter.

★ Tuesday, 21 October 2008