Register FAQ / Rules Forum Spy Search Today's Posts Mark Forums Read
Go Back   MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Reply
 
Thread Tools Search this Thread Display Modes
Old Feb 11, 2013, 11:58 AM   #1
MacRumors
macrumors bot
 
Join Date: Apr 2001
Tim Cook Speaking at Goldman Sachs Conference Tomorrow, Apple Providing Live Audio Stream




As noted by The Next Web, Apple has updated its investor page to announce that it will offer a live audio stream of a presentation by CEO Tim Cook tomorrow at the Goldman Sachs Technology and Internet Conference. Cook has spoken at the annual event several times in the past, including last year in his first visit as Apple's CEO.

Cook is unlikely to make any product announcements during the session, but he should offer some insight into Apple and its business. As a result, Apple is providing a live stream of the session to provide public disclosure of any statements he might make that could influence trading in the company's stock.

The session begins at 10:15 AM Eastern / 7:15 AM Pacific tomorrow.

Article Link: Tim Cook Speaking at Goldman Sachs Conference Tomorrow, Apple Providing Live Audio Stream
MacRumors is offline   0 Reply With Quote
Old Feb 11, 2013, 12:08 PM   #2
MTL18
macrumors regular
 
Join Date: Jan 2013
He's going to have a lot of upset people on the line! Going to need to explain how he added over 20 billion dollars in cash over the last 2 quarters but lost 200 billion in market cap.

Shareholder protection was poor! Buyback, buyback, buyback!
MTL18 is offline   0 Reply With Quote
Old Feb 11, 2013, 12:12 PM   #3
TheNextBigThing
macrumors member
 
Join Date: Feb 2012
Location: Pearl of the Orient
What will Tim going to do there?
TheNextBigThing is offline   0 Reply With Quote
Old Feb 11, 2013, 12:14 PM   #4
NT1440
macrumors G3
 
NT1440's Avatar
 
Join Date: May 2008
Location: Hartford, CT
Quote:
Originally Posted by MTL18 View Post
He's going to have a lot of upset people on the line! Going to need to explain how he added over 20 billion dollars in cash over the last 2 quarters but lost 200 billion in market cap.

Shareholder protection was poor! Buyback, buyback, buyback!
HE has the onus of explaining how the stock market is a giant card game?

Wouldn't Goldman, the best in the biz at playing the game (look at goldman employees in the white house throughout our last 30 years) be better suited at explaining how a quarter with many record breaking sales lost stock price?
NT1440 is online now   12 Reply With Quote
Old Feb 11, 2013, 12:16 PM   #5
Squilly
macrumors 68000
 
Squilly's Avatar
 
Join Date: Nov 2012
Location: PA
This'll be interesting. Wonder whats going to happen to the stock price.
__________________
iPhone 5s 16gb Space Gray Sprint
Squilly is offline   0 Reply With Quote
Old Feb 11, 2013, 12:16 PM   #6
adildacoolset
macrumors 65816
 
Join Date: Sep 2011
Location: Lusaka, Zambia(If you know where it is)
If he plays his words right, the Apple stock may go up after the event
__________________
Last edited by adildacoolset; Tomorrow at 09:42 AM. Reason: grammar error
adildacoolset is offline   0 Reply With Quote
Old Feb 11, 2013, 12:16 PM   #7
puckhead193
macrumors 604
 
puckhead193's Avatar
 
Join Date: May 2004
Location: NY
maybe he will announce new mac pros
__________________
nMP - 6 core, D700s, 32 gig, 1 TB, NEC PA272W
20" iMac C2D
17" MBP i7
iPod Touch, 64 GB iPhone 5, 64 GB iPad 3
puckhead193 is offline   5 Reply With Quote
Old Feb 11, 2013, 12:16 PM   #8
zin
macrumors 6502
 
Join Date: May 2010
Location: United Kingdom
Goldman Sachs?

I can smell the stench of that rotten business from here. Yuck.
zin is offline   7 Reply With Quote
Old Feb 11, 2013, 12:19 PM   #9
ArtOfWarfare
macrumors 601
 
ArtOfWarfare's Avatar
 
Join Date: Nov 2007
Send a message via Skype™ to ArtOfWarfare
Quote:
Originally Posted by puckhead193 View Post
maybe he will announce new mac pros
I would think MacPros would be announced at a pro event, not an investor event...
__________________
Battery Status - On the Mac App Store
The only app that'll estimate when your wireless devices will need their batteries changed.
Including the ones paired with other Macs on your network.
ArtOfWarfare is offline   0 Reply With Quote
Old Feb 11, 2013, 12:26 PM   #10
DipDog3
macrumors 6502a
 
DipDog3's Avatar
 
Join Date: Sep 2002
 
see vendor information in user profile
Will probably announce more of a cash dividend, that will help out the stock a little...
__________________

Interactive Phone - Try out the new Virtual iPhone 5 (Download Code @ RedRome.com)
DipDog3 is offline   0 Reply With Quote
Old Feb 11, 2013, 12:28 PM   #11
pnoyblazed
macrumors 6502a
 
Join Date: Mar 2008
Location: 212
Quote:
Originally Posted by puckhead193 View Post
maybe he will announce new mac pros
a bit extreme wishful thinking eh
pnoyblazed is offline   0 Reply With Quote
Old Feb 11, 2013, 12:33 PM   #12
MTL18
macrumors regular
 
Join Date: Jan 2013
Quote:
Originally Posted by NT1440 View Post
HE has the onus of explaining how the stock market is a giant card game?

Wouldn't Goldman, the best in the biz at playing the game (look at goldman employees in the white house throughout our last 30 years) be better suited at explaining how a quarter with many record breaking sales lost stock price?
Haha you aren't wrong! But the CEO/CFO has a responsibility to the shareholders as well. Missing expectations and praising yourself repeatedly for the success of the company is not exactly how you do that. Missing expectations is okay, but you have to polish the turd (Bezos does a great job with this and Amazon).
MTL18 is offline   0 Reply With Quote
Old Feb 11, 2013, 12:35 PM   #13
NT1440
macrumors G3
 
NT1440's Avatar
 
Join Date: May 2008
Location: Hartford, CT
Quote:
Originally Posted by MTL18 View Post
Haha you aren't wrong! But the CEO/CFO has a responsibility to the shareholders as well. Missing expectations and praising yourself repeatedly for the success of the company is not exactly how you do that. Missing expectations is okay, but you have to polish the turd (Bezos does a great job with this and Amazon).
But there is no turd. Apple only let down in the iMac line, other than that its records, for like the 20th straight quarter.

People forget that on its own just the iPhone constitutes an industry that is bigger than Coca-Cola!

But of course, Wall Street has never run on reality, just a shell game.. Stocks go up and down, but everyone in the know still makes the money.
NT1440 is online now   2 Reply With Quote
Old Feb 11, 2013, 12:40 PM   #14
MTL18
macrumors regular
 
Join Date: Jan 2013
Quote:
Originally Posted by NT1440 View Post
But there is no turd. Apple only let down in the iMac line, other than that its records, for like the 20th straight quarter.

People forget that on its own just the iPhone constitutes an industry that is bigger than Coca-Cola!

But of course, Wall Street has never run on reality, just a shell game.. Stocks go up and down, but everyone in the know still makes the money.
The turd here is that growth has dropped off huge in iPhone sales, revenue and EPS YOY. Numbers were great, but growth has dropped off a cliff. EPS was 7% growth, compared to 116% a year ago.

That needed some polishing - maybe in the form of a larger dividend or buyback. Maybe by hinting that new products that don't currently exist in Apple's product lines are not far away. Maybe by hinting that new deals will be around the corner for other foreign carriers where the iPhone has minimal exposure. Who knows, I won't pretend to be the CEO of Apple! Just stating that when you miss the street, it's a turd. You need to polish that turd or your stock takes a beating. That is part of the CEOs job, and Tim let down the shareholders by not doing so.
MTL18 is offline   2 Reply With Quote
Old Feb 11, 2013, 12:54 PM   #15
stabsteer
macrumors newbie
 
Join Date: Apr 2008
Quote:
Originally Posted by zin View Post
Goldman Sachs?

I can smell the stench of that rotten business from here. Yuck.
COUld not agree more. The very douchebags destroying the planet.
stabsteer is offline   4 Reply With Quote
Old Feb 11, 2013, 12:58 PM   #16
50548
Guest
 
Join Date: Apr 2005
Location: Currently in Switzerland
Goldman Sachs? Goldman and Sachs? The very big name representatives of what is worst in this world nowadays?

Pass.

Just another evidence of Cook pandering to investors before users.
50548 is offline   3 Reply With Quote
Old Feb 11, 2013, 01:11 PM   #17
AHDuke99
macrumors 68000
 
AHDuke99's Avatar
 
Join Date: Nov 2002
Location: Charleston, SC
Send a message via AIM to AHDuke99
As an Apple investor, I hope he delivers some good news..
AHDuke99 is offline   1 Reply With Quote
Old Feb 11, 2013, 01:13 PM   #18
Peace
macrumors P6
 
Peace's Avatar
 
Join Date: Apr 2005
Location: Space--The ONLY Frontier
Quote:
Originally Posted by Squilly View Post
This'll be interesting. Wonder whats going to happen to the stock price.
Quote:
Originally Posted by AHDuke99 View Post
As an Apple investor, I hope he delivers some good news..
Last year he did this after the stock market closed. This time he's doing it while the market is open. My guess is whatever he says won't affect the stock or it will rise.

Strategic timing.
Peace is offline   0 Reply With Quote
Old Feb 11, 2013, 01:36 PM   #19
basesloaded190
macrumors 68030
 
basesloaded190's Avatar
 
Join Date: Oct 2007
Location: Wisconsin
Send a message via AIM to basesloaded190
Quote:
Originally Posted by BRLawyer View Post
Just another evidence of Cook pandering to investors before users.
Isn't that what a CEO of company is supposed to do?
__________________
2011 MacBook Pro 15 HR Anti-Glare, Etymotic ER-4p, iPhone 4 32GB
Twitter
basesloaded190 is offline   3 Reply With Quote
Old Feb 11, 2013, 01:56 PM   #20
Solomani
macrumors 65816
 
Solomani's Avatar
 
Join Date: Sep 2012
He will announce the iRolex.
Solomani is offline   1 Reply With Quote
Old Feb 11, 2013, 02:06 PM   #21
PassiveSmoking
macrumors member
 
Join Date: Dec 2011
Do you remember the times when Apple keynotes where all about new products and services and not about how much money they were raking in?

Those were good times. I miss those times.
PassiveSmoking is offline   2 Reply With Quote
Old Feb 11, 2013, 02:11 PM   #22
carlgo
macrumors 68000
 
Join Date: Dec 2006
Apple has reached a point in its economic life where it can and must take charge and not twist in the wind of Wall St anymore.

Because Apple management and employees have so much compensation in stock, it is likely that there will be a real effort to raise the its value and to decrease its volatility. It is really hard to think they wouldn't.
carlgo is offline   2 Reply With Quote
Old Feb 11, 2013, 02:30 PM   #23
ChristIsLORD
macrumors member
 
Join Date: Jul 2011
Quote:
Originally Posted by BRLawyer View Post
Goldman Sachs? Goldman and Sachs? The very big name representatives of what is worst in this world nowadays?

Pass.

Just another evidence of Cook pandering to investors before users.
Occupista kids who have no idea how businees works and make ridiculous statements like this shouldn't be commenting on articles dealing with these subjects.
ChristIsLORD is offline   5 Reply With Quote
Old Feb 11, 2013, 02:32 PM   #24
Builddesign
macrumors member
 
Join Date: Sep 2012
Go private.
__________________
if everyone's thinking alike, then someone is not thinking
Builddesign is offline   1 Reply With Quote
Old Feb 11, 2013, 02:40 PM   #25
Rocketman
macrumors 603
 
Rocketman's Avatar
 
Join Date: Dec 2001
Location: Claremont, CA
As CEO of a publicly traded company he is not likely to make any disclosures that would constitute news. He is likely to help clarify the thinking of analysts in his view or opinion of the facts already presented. Spin if you will, but spin toward the centerline of fact and experience as viewed by the public already.

His pilgrimage to G-S is an expectation but has no either positive or negative implication on either the business or the stock.

AAPL price has settled back to the 5-6 year long price channel it broke out of a couple of years ago. Slow and steady wins the race from this point forward. AAPL as a stock is now a safety play. IMHO of course. YMMV.

As for the comments about G-S and its tactics, it's not just an investment bank, it's OUR investment bank. You definitely want them on the side of your country when bad stuff is happening. Bad stuff the government caused but G-S simply traded on and profited from. Yes they have their hands in everything, especially in the smoke filled rooms.

Rocketman
__________________
Think Different-ly!
All R House jobs bills die in D Senate. Buy a model rocket here: http://v-serv.com/usr/instaship-visual.htm Thanks.

Last edited by Rocketman; Feb 11, 2013 at 02:48 PM.
Rocketman is offline   0 Reply With Quote

Reply
MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 05:06 PM.

Mac Rumors | Mac | iPhone | iPhone Game Reviews | iPhone Apps

Mobile Version | Fixed | Fluid | Fluid HD
Copyright 2002-2013, MacRumors.com, LLC