CFO: Apple 'Not Wedded' to Exclusive Carrier Deals
Oppenheimer also talked Wednesday about the widespread concern over iPod sales, perhaps because the market for the handheld music player was becoming saturated. While Apple shipped a record number of iPods in the fiscal first quarter of 2008, the number of units shipped grew only 5 percent over the same quarter in 2007.
In challenging the perceived lack of growth, Oppenheimer pointed to the iPod's sales on an international scale. "We don't view that market as being saturated. The growth that we saw internationally is not a characteristic of that, and our research shows that about 40 percent of iPods purchased were by people who didn't own an iPod before." In particular, Oppenheimer cited last fall's introduction of the iPod touch as one potential area for growth, saying that Apple sees it as a "new platform."
Overall, the Apple CFO was positive in his outlook for the company, despite fears of an impending economic slowdown in the U.S. and global economies. "I think our success is more dependent on the innovative products we offer customers," Oppenheimer said. "We feel very good about each of our geographies and each of our markets."
During the 45-minute talk, Oppenheimer also touched on the the Apple TV, Apple's plans for retail stores in the coming year, and the company's recent success in the higher education market. The full presentation is now available as a webcast on Apple's website.
CFO: Apple 'Not Wedded' to Exclusive...