Apple CEO Steve Jobs made a surprise appearance at an earnings conference call today, and perhaps all CEOs would be giddy to talk about Apple's money take.
The Cupertino, CA, company did incredible business for the third quarter. It posted revenue of $20.34 billion and a net profit of $4 billion.
Apple shipped almost 4 million Mac computers, up 27 percent from a year ago.
Quarterly iPhone sales were up 91 percent from the same quarter a year ago (thanks iPhone 4). Apple sold 14.1 million iPhones, and sold 9.05 million iPods. That was an 11 percent decline for iPod.
Now, the iPad. Apple sold 4.19 million of those during the recent quarter and Jobs was asked if the company was readying a heavily rumored 7-inch version. Competitors, including Samsung, are about to release 7-inch tablets. Samsung's, which is due in a few weeks, will run the Android operating system.
Jobs said you can hold an iPad in portrait view and draw a horizontal line halfdown down.
"What's left," he said, "is a seven inch screen. That's too small. There are clear limits to how close elements can be on the screen before users can't touch accurately. We believe 10-inch screen is (the) minimum necessary."
And so, the 7-inch iPad thing should now go away.