Apple CFO Fred Anderson yesterday led a corporate update at the Smith Barney Citigroup Tech Conference. Anderson said that Apple was in an incredibly strong financial position with over $4.5 billion in cash and only $300 million in long-term debt, which is due in February of next year. Apple has managed to survive the downturn by using innovation, he said. Also, Apple’s consumer market share rose from 1.5% in June 2001 to 3.5% in June 2003, while its US education market share went from 15% to 16%. Read the two-page report at MacNN.
On a similar note, a few days ago a stats firm announced that Apple is No5 in the laptop US market with 7% laptop market share.