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Apple's iPhone target

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Writing Look out blackberry

Apple Inc has affirmed its iPhone sales goal for this year and said it will give details next week of how outside programmers can create software for its iPhone, a move expected to spur demand for the multifunction device.

Apple's chief operating officer Tim Cook, speaking at a Goldman Sachs investment conference, said on Wednesday he had "really good confidence" the company could hit its oft-stated goal of selling 10 million iPhones by the end of the year.

Apple shares rose 3.7 per cent in extended trading, building on a 3.2 per cent increase to $US122.96 in the regular Nasdaq session. The stock has fallen 30 per cent in the past three months on concerns a slowing economy could hit sales of its Mac computers, iPods and iPhones.

Apple also said it will unveil new iPhone features aimed at businesses, potentially stepping up competition with Research In Motion Ltd's popular Blackberry devices.

Apple will detail the software road map for the iPhone on March 6 at its California headquarters, the company said in an invitation sent to reporters.

When Apple launched the iPhone last June, it only allowed outside software developers to make web-based programs, not ones that could be installed and run on the device itself.

Find IT News and the rest of this article online at Business Spectator http://www.businessspectator.com.au/bs.nsf/Article/Apple-affirms-iPhone-target-plans-new-software-C97W8?OpenDocument

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Rating: 0.00 (0 votes) - Added: 02/27/2008 - Updated: -
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