Subscribe free to our newsletters via your
. 24/7 Space News .




TECH SPACE
Jobs hopes to return 'as soon as he can': Cook
by Staff Writers
San Francisco (AFP) April 20, 2011


Apple's ailing chief executive Steve Jobs remains involved in major strategic decisions at the company and hopes to return to work full-time as soon as he can, a top Apple executive said on Wednesday.

"He is still on medical leave but we do see him on a regular basis," Apple chief operating officer Tim Cook told financial analysts during a conference call to discuss the company's fiscal second-quarter earnings.

"And as we've previously said he continues to be involved in major strategic decision," Cook said. "I know he wants to be back full-time as soon as he can."

Jobs, 56, went on medical leave in January, his third since 2004, but has retained his title of chief executive at Apple.

Jobs underwent an operation for pancreatic cancer in 2004 and received a liver transplant in 2009, but Apple has not released any details about his latest health issues.

Apple's fortunes have been uniquely linked to Jobs, who returned to the then flagging company in 1997 after a 12-year absence and introduced innovative and wildly successful products like the iPod, iPhone and iPad.

earlier related report
Apple nearly doubles net profit, iPad sales dip
San Francisco (AFP) April 20, 2011 - Apple nearly doubled its quarterly net profit on record iPhone sales but iPad sales dipped and the company is dealing with the "mother of all backlogs" in meeting demand for the tablet computer.

Apple said Wednesday that net profit rose 95 percent in the second quarter of its fiscal year to $5.99 billion while revenue rose 83 percent to $24.67 billion, beating the expectations of Wall Street analysts.

Earnings per share were $6.40, up from $3.30 a year ago.

The Cupertino, California-based gadget-maker said it sold 18.65 million iPhones during the quarter, up 113 percent over a year ago and helped by the addition of a second US carrier, Verizon.

Apple sold 4.69 million iPads during the quarter which ended on March 26, down from 7.33 million sold during the first quarter of its fiscal year and less than expected by analysts.

Apple sold 3.76 million Macintosh computers, up 28 percent from a year ago, and 9.02 million iPods, a 17 percent unit decline from a year ago.

In a statement, Apple chief executive Steve Jobs said the company was "firing on all cylinders" and "will continue to innovate on all fronts throughout the remainder of the year."

Jobs did not participate in the traditional conference call with financial analysts, but Apple chief operating officer Tim Cook, who has taken over in his absence, said Jobs remains involved in major corporate decisions.

"He is still on medical leave but we do see him on a regular basis," Cook said. "And as we've previously said he continues to be involved in major strategic decisions.

"I know he wants to be back full-time as soon as he can," he said.

Jobs, 56, went on medical leave in January, his third since 2004, but has retained his title of chief executive at Apple.

Jobs underwent an operation for pancreatic cancer in 2004 and received a liver transplant in 2009, but Apple has not released any details about his latest health issues.

Cook said the earthquake and tsunami in Japan did not have a major impact on Apple in the quarter but the situation remains uncertain and it could have an impact of around $200 million on Apple's revenues in the current quarter.

Apple sources hundreds of the components for its devices from Japan.

While iPad sales were disappointing compared to the forecasts of analysts, Cook said demand for the latest model, the iPad 2, has been "staggering."

"We sold every iPad 2 that we could make during the quarter," he said. "I wish we could have produced a lot more iPad 2s because there were a lot of people waiting for them.

"The iPad has the mother of all backlogs but we're working very, very hard to get it out to customers as quickly as we can," he said.

Apple chief financial officer Peter Oppenheimer said he expected revenue of around $23 billion and earnings per share of about $5.03 in the current quarter.

Apple shares rose 4.01 percent to $356.15 in after-hours trading.

.


Related Links
Space Technology News - Applications and Research






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TECH SPACE
Apple nearly doubles net profit, iPad sales dip
San Francisco (AFP) April 20, 2011
Apple nearly doubled its quarterly net profit on strong demand for the iPhone as sales of its iPad tablet computer dipped sharply. Apple said Wednesday that net profit rose 95 percent in the second quarter of its fiscal year to $5.99 billion while revenue rose 83 percent to $24.67 billion, beating the expectations of Wall Streets analysts. Earnings per share were $6.40 in the second quar ... read more


TECH SPACE
BRP To Contribute To Canadian Moon And Mars Exploration Programs

Naveen Jain Co-Founder And Chairman Of Moon Express

Project Morpheus To Begin Testing At NASA's Johnson Space Center

NASA Announces Winners Of 18th Annual Great Moonbuggy Race

TECH SPACE
Dry ice find hints Mars was a wetter place: study

A Tale Of Two Deserts

Mars Rover's 'Gagarin' Moment Applauded Exploration

Mars Flight Possible After 2035

TECH SPACE
Iran To Put Monkey Into Orbit

NASA Device Inducted Into Space Technology Hall Of Fame

NASA Awards Next Set Of Commercial Crew Development Agreements

LockMart Commends Congressional Action On NASA Spacecraft

TECH SPACE
Asia's star ever brighter in space

What Future for Chang'e-2

China setting up new rocket production base

China's Tiangong-1 To Be Launched By Modified Long March II-F Rocket

TECH SPACE
Paparazzi In Space

CSA Celebrates A Decade Of Success With Canadarm2

Roberto Vittori's DAMA Mission To ISS

Northrop Grumman To Test Heat Management System On ISS

TECH SPACE
ULA Launches Fifth NRO Mission In Seven Months

Ariane 5 Cleared For Launch With Yahsat Y1A And Intelsat New Dawn

Design Flaw Behind GSLV Crash

India Starts Countdown For Launch Of Three Satellites

TECH SPACE
The Shocking Environment Of Hot Jupiters

Radio signals could 'tag' distant planets

Titan-Like Exoplanets

A New Way To Find Planets

TECH SPACE
Samsung bites back at Apple with lawsuit

Over 100,000 paid subscribers for NYTimes.com

Jobs hopes to return 'as soon as he can': Cook

Apple nearly doubles net profit, iPad sales dip




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement