Apple Q2 CC comments

IMG-related snippets from the (yet again) forecast-busting quarter:

Peter Oppenheimer:

'We sold 9 million iPods compared to 10.9 million in the year ago quarter. Though lower year-over-year, total iPod sales were ahead of our expectations with iPod touch continuing to count for over half of all iPods sold'.
'We were thrilled to have sold a record 18.6 million iPhones compared to 8.8 million in the previous March quarter. '
'Turning to iPad. We continue to be thrilled with its momentum. We sold 4.7 million iPads during the March quarter, launching iPad 2 in U.S. on March 11 and in 25 additional markets on March 25. Customer enthusiasm has been tremendous for iPad 2 and we're working hard to get it into the hands of customers as quickly as possible. '
'We sold every iPad 2 that we can make during the quarter and would have liked to end the quarter with more channel inventory. '
'Combining iPhone, iPad and iPod touch, we reached just under 189 million cumulative iOS device sales through the end of the March quarter'

Timothy Cook
Rich, it's Tim. In terms of iPhone, we did actually very well everywhere. I'd call out 2 places that -- where it was just off the charts. The U.S. grew 155% year-over-year, obviously, adding Verizon and beginning to offer iPhone to their enormous customer base was key in that. However, as you heard from AT&T's announcement this morning, AT&T did extremely well during the quarter. So the U.S. as a geography grew at 155% and that's about 3x IDC's forecast of growth for the smartphone market, which was about 48%. Also, we continued to be on a tear in China. Greater China saw iPhone sales being up over 3x, about 200 -- almost 250%. And this catapulted revenue for the first half or first fiscal half in Greater China to just under $5 billion, which is up almost 4x year-over-year. And so we're extremely happy with how we're doing in China.

'And so I think the key point here is that I'm extremely pleased with the progress that we were making on the manufacturing ramp. We have gotten off to a materially better start and produced a lot more units than we did on the original ramp of the first iPad. And when we're so confident with our ability to supply that we've already put on 25 additional countries at the end of March, and we'll be placing on 13 more next week and we'll do even more as we stepped through the quarter.'

END
Phenomenal numbers once again, looks like we can expect huge iPad 2 volume in the Q3 figures.
A very positive week for IMG on the TI(OMAP), Intel and Apple fronts. Full steam ahead.....