SAN FRANCISCO, Oct 18 (Reuters) - Apple Inc:
* CFO says ended quarter with between 3 and 4 weeks of mac channel inventory
* CFO says company remains within target range of four to six weeks of ipod
channel inventory on a look-back basis
* CFO says iphone asp was $610 in Q4
* CFO says could have sold even more iphones if it had been able to supply them
* CFO says 80 percent of fortune 500 companies now piloting or deploying
iphones
* CFO says ipad asp in Q4 was $645
* CFO says ipad channel inventory was below target range at end of Q4
* CFO says opened 24 stores in Q4, expects to open 40-50 store in FY 2011
* CFO says over half of new store openings will be outside U.S. in FY 2011
* CFO sees Q1 gross margin of about 36 percent
* CEO Steve Jobs joins conference call
* CEO says Research In Motion Ltd has a high mountain ahead of them to
climb'
* CEO says Google Inc claim that android is open is 'disingenuous'
* CEO says 'open systems don't always win,' says android is 'fragmented'
* CEO says just a 'handful of credible' new entrants in tablet market
* CEO says 7-inch tablets too small to compete with ipad
* CEO says current crop of rivals' 7-inch tablets are going to be 'dead on
arrival'
((San Francisco Equities; tel: +415 677-3939))
(For more news about Apple Inc click here:) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* CFO says ended quarter with between 3 and 4 weeks of mac channel inventory
* CFO says company remains within target range of four to six weeks of ipod
channel inventory on a look-back basis
* CFO says iphone asp was $610 in Q4
* CFO says could have sold even more iphones if it had been able to supply them
* CFO says 80 percent of fortune 500 companies now piloting or deploying
iphones
* CFO says ipad asp in Q4 was $645
* CFO says ipad channel inventory was below target range at end of Q4
* CFO says opened 24 stores in Q4, expects to open 40-50 store in FY 2011
* CFO says over half of new store openings will be outside U.S. in FY 2011
* CFO sees Q1 gross margin of about 36 percent
* CEO Steve Jobs joins conference call
* CEO says Research In Motion Ltd has a high mountain ahead of them to
climb'
* CEO says Google Inc claim that android is open is 'disingenuous'
* CEO says 'open systems don't always win,' says android is 'fragmented'
* CEO says just a 'handful of credible' new entrants in tablet market
* CEO says 7-inch tablets too small to compete with ipad
* CEO says current crop of rivals' 7-inch tablets are going to be 'dead on
arrival'
((San Francisco Equities; tel: +415 677-3939))
(For more news about Apple Inc click here:) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.