Apple quarterlies: soon everything will be an iPhone

“Assimilate! ASSIMILATE!” – Tim Cook, Apple CEO

You’ll never believe this, you guys, but Apple is selling a lot of stuff! I know, right?! As huge and powerful as the company is, it outperformed the numbers that were expected.

From the world of Computerworld:

During an earnings call with Wall Street analysts and reporters, Apple said it had sold 35.1 million iPhones during the quarter, an increase of 88% from the same period a year ago, and 11.8 million iPads, well over twice as many it sold in the first quarter of 2011.

Well, that’s a lot. The iPhone is now pulling in 58% of revenue for Apple over all, the second quarter in a row that the iPhone has accounted for most of the company’s money coming in the door.
DIG THIS: Apple is a phone company that also happens to make computers.Mac sales actually underperformed analyst expectations.

Cook was asked whether Apple would build a so-called convergence product: something that could act as a tablet with a fixed cover, a sort of laptop/tablet. He said any two products could theoretically be combined

“But the problem is that products are about trade-offs, and you begin to make trade-offs to the point where what you have left at the end of the day doesn’t please anyone. You can converge a toaster and a refrigerator, but those things are probably not going to be pleasing to the user. We’re not going to that party… others might from a defensive point of view, “ he said, taking a subtle dig at the plans of various PC makers.