Jobs Bullish On Apple’s Future

Apple reported third quarter sales of $7.9 billion, below consensus estimates of $8.05 billion, but CEO Steve Jobs said the company will minimize the impact of the economic slump.  (BusinessWeek)

Participating in his first earnings call since 2000, Jobs seemed healthy to observers and notably upbeat. Jobs called iPhone sales “stunning,” noting the company sold more smartphones than BlackBerry maker RIM during the same period.

He said Apple will not build a low-cost computer, but did remark that the company already competes in the netbook market thanks to the iPhone, and has “some pretty interesting ideas” for that category of device. (NYT)

Sources: (BusinessWeek, NYT)

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