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....

Apple reported its earnings for the first quarter of its 2011 fiscal year last night, posting revenue of nearly $27 billion on record sales. But as is often the case, much of the juicy stuff came from the question and answer session following the call, where analysts try their best to delve into areas not covered by Apple’s report or its press release. Apple fans who weren’t privy to the topics covered in the Q&A session will be happy to know that market watcher Seeking Alpha has issued a full...

Motorola announced its Q3 results on Thursday and while the seemingly imminent arrival of the Verizon iPhone weighs heavily on investors’ minds, Motorola managed to report its best quarter in some time. Sales in the third quarter were up 13% year over year to $4.9 billion and phone revenue came in at $2 billion, up 20% from the year prior. Motorola shipped 9.1 million cell phones in Q3, 3.8 million of which were smartphones. Smartphone shipments beat the Street’s estimates, which typically fell be...

Those curious as to whether or not we might actually see the often-rumored 7-inch iPad become a reality can rest assured that we have our answer: no. During a rare appearance on Apple’s Q4 earnings call Monday evening, Apple CEO Steve Jobs went on a no holds barred tirade that ran the gamut from ragging on RIM to gibing Google, and even to nudging Nokia. Amidst the stabs and jabs, Jobs quelled rumors that Apple would soon release a smaller version of its magical iPad. The pertinent point:We’re not...

Amongst all the financial details being discussed during Apple’s first quarter 2009 earnings conference call, acting CEO Tim Cook fielded questions on iPhone pricing, the netbook market and Apple’s ability to sustain its leadership in a crowded mobile phone market. First and foremost, Cook dismissed the idea of a low cost iPhone nano by stating,“You know us, we’re not going to play in the low-end voice phone business. That’s not who we are. That’s not why we’re here. ...