Apple’s earnings report transcribed

We’ve already summarized the Apple earnings call for you, but now the call has been transcribed for your reading pleasure by the good folks at SeekingAlpha.

To start off the call, Peter Oppenheimer gave us the run down on all of the important details.

First, we sold more Macs than we have in any other quarter in Apple’s history. Second, we sold more iPhones in the September quarter than in all previous quarters combined. Third, we sold more iPods than in any prior non-holiday quarter and finally, we generated more revenue and earnings than in any previous September quarter in Apple’s history.

It’s also quite evident that Apple’s iPhone is doing well; even better than expected, actually.

And with more than two months to go in the calendar year, we have already surpassed our goal of 10 million iPhone sales in calendar 2008.

And to think that Apple hasn’t even maxed out the numbed of countries in which the iPhone is sold. Currently, they are up to 51 countries, and will get over 70 by years end.

Steve Jobs made a rare appearance during the call as you may now, and had some notable things to say,

I would like to now highlight two remarkable milestones resulting from iPhone’s outstanding performance last quarter. The first is that Apple beat RIM.

In the last quarter, Apple outsold RIM by 800,000 devices (cell phones).

But even more remarkable is this — measured by revenues, Apple has become the world’s third-largest mobile phone supplier.

Remember, this is in revenue, not units. The ranking is as follows: Nokia, Samsung, and Apple. Steve also points out that the 200 millionth app on the App Store should already have been downloaded at the time of this article. And here’s what Jobs has to say in concerns about an economic outloook.

In summary, we have the strongest product lineup in Apple’s history, the most talented employees, and the best customers and $25 billion in the bank. We may get buffeted around by the waves a little bit but we will be fine and stronger than ever when the water is calm in the future.

Steve also breifly mentions NetBooks at the end in the question and answer section. Basically, we won’t be seeing an iTablet type NetBook from Apple anytime soon, unless their market really grows. But I thought the Asus Eee PCs were selling like crazy? Who knows.

If you were waiting to hear more about that juicy Mac mini rumor, then you’re going to have to wait a bit longer. If Apple killed the Mac Mini, they didn’t mention it. I personally think that the Mac Mini is due for a refresh, possibly with a “bag-of-hurt” BluRay drive, but we’ll have to wait a bit longer to see that pan out.

Read [SeekingAlpha]