Apple shares iPhone news with shareholders

Apple’s shareholders gathered in Cupertino Tuesday for the company’s meeting, and while Comrades Moren and Cohen have written accounts and descriptions elsewhere on the Macworld Galaxy of Web Sites, it’s probably worth calling out a few iPhone-related items for your delectation. Specifically:

• Apple still expects to sell 10 million iPhones before the year is out, sticking to the goal Steve Jobs first set after pulling the phone out of his pocket at the 2007 Macworld Expo. MarketWatch quotes the Apple CEO saying, “There are plans in place to achieve our 10 million iPhone goal” during the Q&A session with shareholders. How’s Apple going to pull that off? Forbes.com’s Brian Caulfield has a few ideas, which can be boiled down to the release of a 3G iPhone and Apple’s expansion into Asia.

• Speaking of the last point, Apple reiterated plans to bring the phone to Asia in 2008, though executives declined the opportunity to say anything definitive about China. “We will enter Asia with the iPhone in 2008,” chief operating office Tim Cook is quoted as saying in this Reuters article. “We will one day enter China, we’re not saying when, and we will one day enter India.” China Mobile would love to do business with Apple when the phone does come to China, CNet reports.

• Don’t expect Flash to appear on any of those 10 million iPhones whether they wind up in China or no. InformationWeek quotes Jobs as saying that the iPhone doesn’t support Flash because it runs to slowly on the phone to be useful.

Category: News

Posted by Philip Michaels on Mar 5 2008, 11:40 AM ET

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