Wednesday, January 25, 2012

Apple sells record 1.4 million Apple TVs in Q4; 85 million users now on iCloud

During the company’s earnings call on Tuesday, Apple CEO Tim Cook revealed that Apple TV is “doing extremely well.” The Cupertino-based company sold a record 1.4 million units in the December quarter, though Cook says the product is still just a hobby. “We still classify this as a hobby, but we continue to add things to it,” he said. “I couldn’t live without it. We think it’s a fantastic product and we continue to pull strings and see where we can take it.” Cook also revealed that the company’s iCloud service now has 85 million users. “We’re thrilled with iCloud and the response from customers has been incredible,” he said. “It was a fundamental shift, recognizing that people had numerous devices and wanted their content in the cloud. 85 million customers in three months; It’s not a product, it’s a strategy for the next decade.”

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