Macworld NY 1999

Transcript

Machine transcript in the original language. It may contain errors. Select a timestamp to play that moment.

1. 0:00

   Thank you.

2. 0:30

   Thanks for coming.

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   This is going to be a great Mac world.

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   You know, everybody at Apple has been thinking different for the last couple years.

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   We're selling a lot of computers.

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   But there's something else happening here.

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   The resurgence of Apple.

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   And you're going to see a lot of that today.

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   We've got some great new products, some really great new products, some insanely great new

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    products, some really, totally, wildly, insanely great new products.

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    We have got products that are going to make...

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    That's not me at all.

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    That's not me at all.

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    You're blowing it.

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    Look.

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    You're supposed to come over here, open a water, get the slide clicker, then you can

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    can put your hands together. This insanely great thing we stopped using that a hundred

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    years ago. You know? I mean, ladies and gentlemen, Noah Wiley. I invited him here today so he

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    could see how I really act, and plus because he's a better me than me.

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    Thank you, thank you. I am just glad that you're not mad about the movie.

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    What? Me, upset?

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    Hey, it's just a movie.

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    But, you know, if you do want to make things right, you can get me a little part on ER.

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    That'd be really great.

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    Dr. John, welcome aboard.

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    Thank you very much.

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    Thank you.

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    Are you still a virgin?

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    Ladies and gentlemen, Noah Wiley.

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    Well we have a lot to talk about today, so let's get started.

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    The first thing I'd like to do is give you a business update on Apple, and the news is

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    really positive.

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    We just reported our third fiscal quarter profits for the quarter ending in June of

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    over $200 million.

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    And that is our seventh consecutive quarterly profit in a row.

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    So Apple is now on a very, very firm financial footing.

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    In addition to that, we crossed $3 billion in cash.

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    And we feel so strongly about the future of Apple stock as an investment that we announced

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    the buyback program to buy back half a billion dollars ourselves over the next period from

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    time to time.

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    So we're very, very excited about that as well.

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    Another thing that's really key is we've been bringing operational excellence back to Apple.

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    And a great measure of that is inventory.

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    And the way you measure it is how many days of inventory do you still own at the end of

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    each quarter?

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    And as of two quarters ago, we set a record for ourselves of one day of inventory.

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    Well, how do you top that?

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    Well, we did.

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    We topped it with less than one day of inventory, 15 hours of inventory.

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    Now that's important because the more efficient we are, the more we can save money and the

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    and pass it on in terms of lower prices of our products.

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    And how does this compare to our competitors?

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    Well, Compaq with 28 days of inventory,

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    the direct twins of Gateway and Dell

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    at nine and six respectively,

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    and Apple at 0.6 days.

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    So we're very, very happy about this.

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    And lastly, very pleased to announce

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    that Nikki Drexler

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    the CEO of Gap Inc. has joined our board of directors.

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    We've got a great board and Mickey's going to make it even better.

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    So that's a quick business update.

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    Now I'd like to get on to the products.

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    The first product I'd like to talk about is QuickTime.

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    QuickTime is a core technology for Apple.

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    We think this is incredibly strategic

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    and we think we are way ahead technically of anybody else.

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    And the first thing to mention about QuickTime

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    is that we recently hosted the largest internet event in history.

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    Lucasfilm came to us and they said,

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    would you please host the trailer for Star Wars I, The Phantom Menace?

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    We want to put it out just in QuickTime

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    because that's what our customers want,

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    our audience wants the quality that only QuickTime can give.

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    And we said, sure.

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    Now we had to build a lot of infrastructure for this. We've learned a ton because over the last few months

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    there have been over 23 million downloads of this trailer and

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    everybody tended to go for the highest quality version, which was 25 megabytes.

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    And so we've downloaded over 400 terabytes in the last few months.

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    Off the charts.

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    And the experience has been really terrific.

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    Now, we also launched QuickTime 4.

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    QuickTime 4 is the latest release of QuickTime, and it advances it in quite a few areas.

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    We have some terrific new codecs in there to give us the best visual quality, the best audio quality.

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    We also have a whole new look for the player, which has been very well received.

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    But the largest single advance has been to add live internet streaming.

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    We now do live internet streaming better than anybody on the internet for video and audio.

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    And since we put this QuickTime 4 player on our website for download in the second half of April,

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    there have been over 10 million downloads. This is huge.

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    And so we are powering up with QuickTime, and we're going to give Real a Real run for their money.

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    So, what now?

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    What do we do now?

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    Well today we're announcing QuickTime TV.

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    What is QuickTime TV?

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    Well we want to simply make the best experience for viewers to watch great video on the internet.

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    And frankly the experience isn't so terrific now for live streaming on the internet as

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    most of you know.

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    So what do we need to do?

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    What pieces do we need to put in place for QuickTime TV?

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     Well, let's go back to regular TV first.

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     The first thing we need is a television receiver, right?

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     A TV set.

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     The second thing we need are television stations to broadcast content.

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     But that's not enough because a television station in California cannot be received out

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     here in New York or vice versa.

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     And so you need a broadcast network to carry these television stations around the nation

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     or in the case of QuickTime TV, globally around the world.

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     So you need a broadcast network.

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     And then lastly, of course, you need content.

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     So these are the four things we've got to pull together to make QuickTime TV.

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     Let's see how we're doing.

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     On the television receiver, we've got the best one in the world in the QuickTime 4 player,

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     far superior in quality to anything else out there we know of.

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     What about the television station?

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     Well, we did a pretty radical thing with QuickTime 4 live internet streaming.

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     Rather than base it on proprietary protocols like all of our competitors, we base it on

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     totally open protocols, RTP, RTSP.

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     And so anyone can write a server.

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     Anyone can become a television station without having to pay us a server tax like they have

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     to pay our competitors.