Apple: 20% of Fortune 100 Companies have Ordered 10,000 iPhones

| Apple Stock Watch

Nearly 20% of Fortune 100 companies -- the top 100 U.S. companies as ranked by Fortune magazine -- have ordered 10,000 or more iPhones for their employees, according to Apple COO Tim Cook. Mr. Cook made the comment during Tuesday's quarterly conference call with analysts.

Mr. cook also said that there are now several corporations and government agencies who have each purchased more than 25,000 iPhones, and that the iPod has been approved in some 300 higher education institutions.

The information came in response to an analyst's question about Apple's ability to get the iPhone into the enterprise market, where Research In Motion's BlackBerry is dominant.

"We feel really good about how we're doing," Tim Cook said in the conference call. "You may have noticed that the most recent study by JD powers has ranked the iPhone the highest in overall satisfaction with business customers. So we think that we're just at the tip of the ice berg in terms of what the iPhone can do with business customers."

Apple sold some 5.2 million iPhones during the June quarter, helped in part by the launch of the iPhone 3GS in June. The company also turned in non-holiday quarter record financial results for the quarter, with revenue of $8.34 billion, up 11.7% from the year ago quarter of $7.46 billion. The company turned in profits of $1.23 billion, or $1.35 per share, ahead of analyst expectations.

Shares in AAPL traded higher in after-hours trading following the company's announcement, trading at $158.40 per share, a gain of $6.89 (+4.55%), as of this writing.

*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.  

Sign Up for the Newsletter

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday.

7 Comments Leave Your Own

Lee Dronick

Too bad that the iPhone is not suitable for enterprise. /snark

Constable Odo

Supposedly, this company provides support for the iPhone that is equal to RIM’s BlackBerry Enterprise Server as far as centralized management is concerned.  An iPhone manager can look at any iPhone from a central location and push profiles, policies, loadable apps or whatever to an iPhone running software 3.0.  I’m not sure of the cost of the solution is overly expensive or not, but in theory the iPhone can be managed as well as a BlackBerry, according to this company. I sure hope they are speaking the truth.  iTunes is not involved in any way.

http://www.trustdigital.com/

The last process in getting the iPhone out to corporations would be to have additional network carriers to choose from throughout the different U.S. regions.  If the iPhone can just get a little break from IT managers, it could take the industry by storm with those 65,000 apps and 100,000 developers waiting to pump up the volume.

dennis

Let’s see…almost 20% of 100 companies…hmm…uh, almost 20? Why didn’t they just say the number, like 18 or 19?

daPrinz

Let?s see?almost 20% of 100 companies?hmm?uh, almost 20? Why didn?t they just say the number, like 18 or 19?

Yeah, this was worth a post.

Photodan

More and more administrators at my workplace (university) are showing up with iPhones after ditching their Blackberries. What’s interesting is that it is happening despite our IT department bias against all things Apple.

All biases aside. It’s just a great phone/communications device.

-Dan

Omar Kettani

I am a heavy iPhone business user. I am almost completely satisfied. Software such as Mobile Me introduced a necessary business functionality to business users. Now I can synchronize my contacts, email, and calendar with my computer wirelessly just like Blackberry users. I also learned how to type very quickly on the touch screen. The only improvements I am still expecting is more stability and fewer dropped calls.

sharetipsinfo

Dear Visitors,

This blog is really nice and informative. We are pleased to know this blog is really helping people. It?s our pleasure to post informative content on this useful blog created by webmaster.

As budget season is approaching so it is wise to think before investing as we can witness very volatile market in coming days. Moreover, we are expecting some stock market correction in post budget session


We advise every investor to book profit before budget and try to grab value stocks at further decline for short to medium term.

For any query feel free to contact us.

Regards
SHARETIPSINFO TEAM

+91- 9891655316
+91- 9899056796
+91- 9891890425

Log-in to comment