NEW YORK (TheStreet) -- Steve Jobs couldn't help himself, he just had to sit in on Apple's (AAPL) first $20 billion quarterly conference call. His presence certainly added to the depth of insight coming from Apple management.In fact, Jobs revealed four insider opinions on the future of tech that if true, will result in Apple stock continuing its run to overtake ExxonMobil ( XOM) as the world's largest cap stock.
China has more than twice as many users of mobile phones than the United States has people and those consumers are sending the same kind of signal that we witnessed in Japan. They are beginning to flock to Apple. Apple management mentioned in the conference call that its four new stores in China are the highest trafficked in the world and among the highest performing. After halting pre-orders for the iPhone 4 at more than 200,000, Apple is still having trouble meeting the demand and recently instituted a one phone per purchase requirement. The mind gets lost in a web of extrapolation when forecasting what might happen in 2011 when Apple has 20 retail stores operating alongside the planned 100 Apple retail stores to be operated by Foxconn's Chang Uei Precision Industry Co. Apple China is a major catalyst for this stock. 3.iPad Enterprise Adoption Is Gaining Steam. COO Tim Cook explained, "I've never seen an adoption rate on the enterprise side like this in my life. Enterprise is historically much slower moving on adoption," he said. "We have built and are building additional capacity to call on businesses, and we're putting a lot of energy into that -- we aren't treating this lightly or as a hobby." Steve Jobs added, "We haven't pushed it real hard in business and it's being grabbed out of our hands." The fact that the iPad sold 4.19 million units for the quarter and has sold 7.46 million this year is quite a feat considering most analysts initially thought Apple would sell between 2 to 3 million units for the entire year. "The iPad is clearly going to affect notebook computers," Jobs said. "I think the iPad proves it's not a question of if, it's a question of when." Success in the enterprise sector has alluded Apple in the past, perhaps this is the start of a next generation halo effect to further increase Apple market share. Apple will easily eclipse 10 million iPad's sold in 2010 and realistically could approach 7 million units sold in Q4 alone. Distribution of iPad's at the company holiday party will make 2010 a year to remember. 4. Future Product Announcement. "We're not done. We're working on a lot of things for the future," announced Jobs. Investors have no real expectation for Wednesday's 'Back to the Mac' event but a refreshed lineup of computers with the possibility of a multi-touch MacBook Air would provide more upside to the stock. Jobs also hinted that Apple has its eye on one or two key acquisitions. Considering that the future of the industry is all about mobile app integration, I suspect those acquisitions will strategically benefit the visionary in his quest to put a dent in the universe while simultaneously boosting the value of Apple investor portfolios. Apps will end up in cars, appliances, televisions, toys, etc... and Apple has the cash to make sure they own this new revolution. How long will the post earnings/profit taking selloff in Apple stock last? Not very. Investors will be thrilled to get an entry point in the $290's but it won't last long. These four insider opinions serve as worthy catalysts to take the stock higher into year end.