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Article IndexBY BOB HOLT
NEWJERSEYNEWSROOM.COM
Apple’s chief operating officer Tim Cook said on the company’s second quarter earnings conference call that Apple (AAPL) was working through the "mother of all backlogs" with the iPad 2. Apple will be conducting a conference call on Tuesday about its third quarter earnings.
The iPad was first introduced in 2010, and has already sold 20 million units, according to Forbes.com. Apple sold 4.69 million iPads over the first quarter of 2011, down sharply from the 7.33 million they sold during the past holiday sales season. Aside from that, the company saw record revenues and profits during the second quarter.
But Cook said to PCMag.com, "I wish we could have made a lot more iPad 2s, because there were a lot of people waiting for them.” Cook also said the Japanese earthquake had no impact or effect on Apple’s supply chains.
For the second time in two years, Apple CEO Steve Jobs turned over control of his powerful tech company to Cook in January when he took his second medical leave of absence in two years.
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ABC News reports that Jobs brought Cook, 50, to Apple in 1998.He had previously held positions at IBM, Intelligent Electronics and Compaq. Cook is a graduate of Auburn University and has an M.B.A.
