Apple's iPad sales jumped 64 percent year-over-year to 19.5 million units for the quarter. The company said enterprise adoption of the iPad by business customers was a major contributor to that increase.
"I've seen more and more people developing more and more custom apps for their businesses on iOS to be used on iPad and we're very, very bullish on it," Cook said. "As a matter of fact, just to quote you some numbers, iPad now is being used in 95 percent of the Fortune 500. And what's even more impressive probably is that on the Global 500 companies, we're now in 89 percent."