Apple CEO Reveals Impressive Stats Before Unveiling iPhone 5

Apple Inc. (NASDAQ:AAPL) CEO, Tim Cook, took the center stage today at the event in which the most awaited iPhone 5 is to be launched. Cook started the conference by revealing the stats of their other devices, the figures he told were really impressive.

Apple CEO Reveals Impressive Stats Before Unveiling iPhone 5

The Apple Inc. (NASDAQ:AAPL) CEO revealed that Mountain Lion has been downloaded more than 7 million times since its launch in July. The operating system had been downloaded more than 3 million times within four days of its launch.

Michael Mauboussin: Here’s what active managers can do

michael mauboussin, Credit Suisse, valuation and portfolio positioning, capital markets theory, competitive strategy analysis, decision making, skill versus luck, value investing, Legg Mason, The Success Equation, Think Twice: Harnessing the Power of Counterintuition, analysts, behavioral finance, More Than You Know: Finding Financial Wisdom in Unconventional Places, academics , valuewalkThe debate over active versus passive management continues as trends show the ongoing shift from active into passive funds. Q2 2020 hedge fund letters, conferences and more At the Morningstar Investment Conference, Michael Mauboussin of Counterpoint Global argued that the rise of index funds has made it more difficult to be an active manager. Drawing Read More

After such mind boggling numbers, Apple Inc. (NASDAQ:AAPL)’s Cook moved to the newest line of MacBooks that were introduced earlier this year. CEO said that the MacBook Pro was the best Mac ever made by the company; this fact was not at all surprising. He carried on by saying that a combination of MacBook Pro and MacBook Air were number one for the last the three months in US notebook marketshare.

Coming to iPad’s, Cook said that the company sold a whopping 17 million devices from April to June, and 84 million devices since June. Revealing another fact, the CEO said that iPad’s are in 94 percent of Fortune 500 companies. As per the CEO Apple Inc. (NASDAQ:AAPL), the tablet commands 68 percent of the worldwide tablet market share for the April-June Quarter. Moving on, Cook said that around 250,000 iPad Apps were downloaded, and the company sold 400 million iOS devices through June. The average customer downloads a total of 100 apps.

“To put this in perspective, we sold more iPads than any PC manufacturer sold of their entire lineup,”said Tim Cook.

CEO Tim Cook also said the company now has a network of 380 retail locations in 13 countries. Collectively, 83 million people visited an Apple Inc. (NASDAQ:AAPL) Store in 2011.With such figures in the kitty, there is absolutely no doubt to its title of the most valuable company ever. But the real treat, the launch of iPhone 5 was announced earlier today. Customers are about to enter the frenzied shopping mode that often follows an Apple Inc. (NASDAQ:AAPL) launch.