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

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.