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Apple Inc Q4 2009 Earnings Call Transcript
Author: 123jump.com Staff
123jump.com
Last Update: 5:26 PM ET October 20 2009

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Apple Inc fourth quarter sales rose 25% to $9.87 billion and net income rose 46.5% to $1.67 billion or $1.82 a share.


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In terms of Snow Leopard and Exchange, I don''t have any statistics to go over with you yet. It''s very early. As you know, we just started shipping at the end of August last quarter. And so, we''ll see how that does, but it clearly makes it very simple for the windows user to, with Exchange, working right out of the box.

Shaw Wu - Kaufman Brothers

Thanks for the color.

Tim Cook

Okay.

Nancy Paxton

Thank you, Shaw. Could we have the next question, please?

Operator

We''ll hear from Brian Marshall with Broadpoint AmTech.

Brian Marshall - Broadpoint AmTech

Hi, thanks. Nice quarter. I guess a question with regards to the enterprise as well. I think last quarter you may have commented, there are several government agencies out there that have kind of 30,000-plus iPhone units installed. I was wondering if we could get an update there on maybe some granular specifics of some of this.

Tim Cook

No new update on specific numbers, but we continue to be very pleased with the market and the number of agencies that are adopting the iPhone.

Brian Marshall - Broadpoint AmTech

Okay. And the same with regards to corporate entities as well?

Tim Cook

Yes, and I just went through that in the previous call, but to repeat it, well over 50% of the Fortune 100 are deploying or piloting the iPhone and this strength is also happening internationally and if you take Europe about 50% of the Financial Times 100 are deploying or actively evaluating iPhone for broad deployment. And so, these numbers are very impressive to us and we feel like we''re making great progress in this market.

Brian Marshall - Broadpoint AmTech

Definitely. And Tim, I think that you commented in the past that three of that Fortune 100 had 25,000 units or greater. Any update there by chance?

Tim Cook
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