Apple Inc. (NASDAQ:AAPL)’s CEO, Tim Cook, took the stage today at the year’s most sought after event today. Cook said that 7 million users have downloaded the OS X 10.8 Mountain Lion since its launch in late July, of which three million were downloaded within just four days of its launch. Cook didn’t reveal the number of copies sold through retail stores, but that must be impressive. He added that Macbooks have become the top selling notebook PCs in the U.S. market, within just three months with 27 percent market share.
Macs have recorded 15 percent growth Y-o-Y since the company unveiled latest Macs in June, including the bestselling MacBook Pro with Retina display. It’s a big figure because overall the PC market grew a meager 2 percent during the same period.
Chris Hohn the founder and manager of TCI Fund Management was the star speaker at this year's London Value Investor Conference, which took place on May 19th. The investor has earned himself a reputation for being one of the world's most successful hedge fund managers over the past few decades. TCI, which stands for The Read More
The market share of iPads has reached 68 percent this year from 62 percent a year earlier. Cook said that 17 million iPads were sold in June quarter, with the total iPad sales touching 84 million units. No PC manufacturer could dare sell this volume of PCs in the same period. “I don’t know what these other tablets are doing,” Cook said. “They must be in warehouses or store shelves.” Overall, 400 million iOS devices were sold last quarter.
The Apple Inc. (NASDAQ:AAPL) CEO told that 83 million visitors visited Apple Inc. (NASDAQ:AAPL) retail stores in the last quarter. The company has 380 stores around the world. On the apps front, Apple Inc. (NASDAQ:AAPL) has 700,000 apps in its App store, and a whopping 250,000 were developed specifically for the iPads.
Sounds like Apple Inc. (NASDAQ:AAPL) is now competing with itself, because no other competitor is left to match its might. The year started wonderfully with Macbooks. Stay tuned, the iPhone 5 is officially out of the bag. We will keep you posted of every move on the big event.