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Apple CFO Peter Oppenheimer: “The New iPad Is On Fire”

3 years agoTechnology : TechCrunch

If you were one of the naysayers who thought that there wouldn't be a very strong consumer appetite for the newest twist on the already very popular iPad, it may be time to think again. Apple's top executives said today that just a few weeks after the new iPad's formal launch, sales of the company's latest iteration on the tablet are already incredibly strong. "We're just learning about the elasticity of demand and the $399 price point is doing well, but I have to tell you the new iPad is on fire and we're selling them as fast as we can make them," CFO Peter Oppenheimer said during the company's first quarter earnings call with investors, a sentiment that Tim Cook echoed verbatim later on in the call.
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Apple Execs Tell Analyst the Company is Software-Driven

Technology Industry News / Apple : The Apple Blog (4 years ago)

Apple executives told Morgan Stanley analyst Katy Huberty that Apple "generally views product cycles as software driven." Huberty met with Apple CFO Peter Oppenheimer, SVP of Retail Ron Johnson and VP of Internet Services Eddy Cue W... Read Post

Excerpts of Apple Executives' Senate Committee Testimony on Tax Policy

Technology Industry News / Apple : (2 years ago)

Three Apple executives, CEO Tim Cook, CFO Peter Oppenheimer, and head of tax operations Phillip A. Bullock, appeared in front of the U.S. Senate Permanent Subcommittee on Investigation earlier today, testifying about Apple's tax pol... Read Post

Apple Says It Will Cut Prices On The iPad If Sales Lag (AAPL)

Business & Finance : Business Insider: Money Game (5 years ago)

Apple (AAPL) will cut the price of the iPad if sales aren't as robust as anticipated, company execs told Credit Suisse analyst Bill Shope. After meeting with Apple executives CFO Peter Oppenheimer, VP Eddy Cue, and SVP Ron Johnson, ... Read Post

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