Tim Cook Prefers Settling To Suing and Has a Huge Quarter 246
An anonymous reader writes "Apple's current legal battles with Samsung encapsulate a large number of patents, innumerable suits and counter-suits, and have resulted in legal motions in 11 jurisdictions across the globe. As you may remember, Steve Jobs in his biography was quite vocal about his intent to go thermonuclear on Android, vowing to spend every last dime in Apple's coffers to destroy Google's mobile OS. But Tim Cook is a bit more level headed about things, expressing during Apple's earnings conference call yesterday that he has has always hated litigation and would much rather settle than to battle in court. The caveat, of course, is that Cook doesn't want Apple to 'become the developer for the world.'" It may not be what Jobs would do, but as zacharye notes, it doesn't seem to be hurting earnings. "Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in its history, posting a net profit of $11.6 billion on $39.2 billion in sales. Apple sold 35.1 million iPhones into channels last quarter, along with 11.8 million iPads, 7.7 million iPods and 4 million Mac computers. While the firm continues to dominate the technology industry — Apple is currently the most valuable company in the world — several analysts think Apple is just getting started."
Hardware vs Data (Score:2, Funny)
Apple is successful in their hardware, but data is the future of tech money. Targeted (and automated) marketing will rule the industry while Apple produces commodity products that will be copied and copied again, destroying the margins.
Here's what you don't understand (Score:3, Funny)
The Apple logo is an apple with a bite out of it, a reference to the Biblical Tree of Knowledge, but who suggested a bite be taken? None other than Satan, clearly Jobs made a deal with the Devil.
That's why Apple is so successful. /snark