Ina Fried

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Apple Confirms Mac OS Lion Launching on Wednesday

Apple confirmed that it plans to launch the next version of its Mac OS X operating system, Lion, on Wednesday.

Speaking on a conference call with analysts on Tuesday, CFO Peter Oppenheimer confirmed the launch date. The company had previously said it would launch this month and it had been widely expected to go on sale this week.

Lion, which will be sold via the Mac App Store, rather than through retail or other channels, includes more than 250 new features, including a number designed to bring to the Mac some features popular on the iPad.

Earlier on Tuesday, the company reported blowout earnings paced by far stronger than expected sales of the iPhone and iPad.

Also on the conference call, Oppenheimer confirmed the company sold all the iPads it could make during the quarter, with 1.05 million iPads in channel inventory, up slightly from the prior quarter, but below the company’s intended target of having 4-6 weeks’ worth of channel inventory.

The company also again said that it is seeing far greater than expected iPad adoption by businesses, including for sales, in retail and in hospitals.

On the retail front, the company plans to open 30 new stores before the end of September, including its first store in Hong Kong.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work