Apple hosted their quarterly earnings conference call for Q1 of 2009, during which Apple COO (and current stand-in for CEO Steve Jobs) answered a lot of questions people have had about the iPhone and Apple's direction with the current state of the economy and Jobs not currently at the reigns. During the call they touched on topics including the possibility of a lower-cost iPhone, their move to get the iPhone at Walmart, and their stance on protecting their intellectual property rights.
