Apple, Steve Jobs on Netbooks, Finances

Apple Redesigned MacBook 2008 AppleInsider has several articles up about Apple’s fourth quarter conference call today. Included among them, Steve Jobs’ comments on netbooks. Jobs commented on netbooks recently when Apple’s latest MacBook was launched, saying that they felt the market was just getting started.

Based on today’s financial discussions, Apple is only getting stronger, and clearly has the cash to do what they want to do. They now have $24.5 billion in the bank, with no debt. That’s some pretty hefty financial resources.

The iPhone App Store is doing extremely well as well – Jobs commented that “we’ve never seen anything like this in our careers” and by this time tomorrow, the 200 millionth app should be sold.

Jobs on low-cost computers and netbooks: “That market has existed for some time. And there are parts of that market that we choose not to play in…….we choose to be in some segments of the market and we choose not to be in certain segments of the market.”

Jobs on netbooks: “As we look at the netbook category, that’s a nascent category. As best as we can tell, there’s not a lot of them being sold. You know, one of our entrants into that category if you will is the iPhone, for browsing the Internet, and doing email and all the other things that a netbook lets you do. And being connected via the cellular network wherever you are, an iPhone is a pretty good solution for that, and it fits in your pocket.

“But we’ll wait and see how that nascent category evolves, and we have got some pretty interesting ideas if it does evolve…

Steve Jobs on Apple, Netbooks
Notes of Interest
iPhone App Store

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