Apple Inc. Chief Financial Officer Peter Oppenheimer spoke today at the 2008 Morgan Stanley Technology Conference.

Apple plans 35 to 40 additional Apple Retail Stores in 2008 with approximately 50% of those in international markets.
• Apple stores slated for Beijing, Australia, and Canada, among others in 2008.
• Off to a great start with the iPod touch.
• Apple does not view iPod market as being saturated. 40% of iPods sold in U.S. were to people buying their first iPod which is not indicative of a saturated market.