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Old Feb 12, 2013, 10:19 AM   #26
rMBP13
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Excellent interview Mr. Cook. Well done!
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Old Feb 12, 2013, 10:20 AM   #27
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Originally Posted by iThinkIt View Post
Tried listening many times.. audio stops 3 to 4 seconds after beginning.
Don't knock it. You're the lucky one. Perhaps your computer's audio system shut down in protest Zzzzzzzzz.

Edit - Actually, I take that back (partly). The comment about Sir Johnny working on iOS although not new, was good to hear and remind iOS haters that great things are (likely) on the way!
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Old Feb 12, 2013, 10:24 AM   #28
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Quote:
Originally Posted by Dan-- View Post
My favorite quote from the article so far:
+1.... was a good quote!

Overall, a good interview. Tim comes off as very confident about where they are going. Hopefully, that means new toys in 2012. :-)
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Old Feb 12, 2013, 10:29 AM   #29
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AAPL down over $7 so far this morning. Wall Street obviously didn't care for what Cook said (or didn't say). Seems everyone is reading into his comments about Apple not being a hardware company. I just took it as a way of distinguishing Apple from Samsung without mentioning Samsung by name. Plus Apple has never referred to itself as a hardware company so not surprising to hear Cook say it again.

Not sure exactly what Wall Street was expecting. No way Cook was going to make any news here, especially not when the annual shareholders meeting is a just over a week away.
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Old Feb 12, 2013, 10:30 AM   #30
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Wonder if Steve would have done a Goldman Sachs technology conference?
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Old Feb 12, 2013, 10:30 AM   #31
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Originally Posted by SamIAre View Post

Did it need to be confirmed? It wasn't a rumor. There was an official statement from Apple that he was taking over software design.
Nope. Just exciting to hear him acknowledge it.
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Old Feb 12, 2013, 10:33 AM   #32
macsterdam
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Wonder if Steve would have done a Goldman Sachs technology conference?
I doubt it, and wish Tim Cook hadn't either. Goldman Sachs is a very dubious organization.
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Old Feb 12, 2013, 10:33 AM   #33
TheNextBigThing
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Originally Posted by MacRumors View Post
Question about law of large numbers. Have we reached a natural limit on iPhone growth?

We don't have the word "limit" in our vocabulary.
Tim said Apple doesn't have the word "limit" in their vocabulary.

iPhone 4" screen size?
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Old Feb 12, 2013, 10:34 AM   #34
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Originally Posted by Ryth View Post
QFT. I wish the legal system could be reformed to stop this type of lawsuit...it's nonsense.
Obviously the same could be said about most lawsuits initiated by Apple. Te World would clearly be better off if they just gave money to charity instead of suing.

----------

Quote:
Originally Posted by TheNextBigThing View Post
Tim said Apple doesn't have the word "limit" in their vocabulary.

iPhone 4" screen size?
He is just trying to sound as silly as Steve Jobs did :-) No wonder AAPL is falling as he speaks (literally).
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Old Feb 12, 2013, 10:35 AM   #35
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Anyone have recorded audio?
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Old Feb 12, 2013, 10:41 AM   #36
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Anyone have recorded audio?
I'm sure Apple will post it on their site before the day is out.
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Old Feb 12, 2013, 10:45 AM   #37
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All these folks pounding GS, remember that all the large investment banks used to be (for a hundred years) PARTNERSHIPS with unlimited liability and unlimited responsibility. First they were changed to public companies with very different motivations, then their access to the Fed window they already had, was more than tripled after 9/11. These "regulatory" facts matter.

This presentation by Cook while not disclosing "future plans" was nonetheless very instructive with their viewpoint on existing products expanding greatly to other markets, and being successful in the ones they are in.

Without saying it directly, he states pretty clearly they are working on further life changing products. So many of those applications rely on massive bandwidth, it seems until LTE offsets the crippleware IP networks in the USA and other countries, most folks simply will not have access.

Companies like Charter, Google, and Time-Warner are trying to deploy high bandwidth, but the inroads into rural is beyond weak.

However the point that has the highest revenue and margin impact was almost passed over without note. Apple customers tend to update devices regularly. In finance, we call that an annuity!

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Old Feb 12, 2013, 10:48 AM   #38
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After reading this article, I feel excited on WWDC 2013.
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Old Feb 12, 2013, 10:52 AM   #39
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Originally Posted by rMBP13 View Post
Excellent interview Mr. Cook. Well done!
Your sarcasm may be be misunderstood by many. CEO interview after which company's shares drop more than 2% obviously should not be called excellent. 50 more interviews like that and Apple goes bankrupt
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Old Feb 12, 2013, 10:53 AM   #40
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Originally Posted by Dan-- View Post
My favorite quote from the article so far: If a company ever begins to use cannibalization as a major factor in their decision-making, it's the beginning of the end. Because if they don't, someone else will.
Source: The Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business by Clayton M. Christensen.

The first time Apple applied this principle with full force was when the extremely successful iPod Mini was cancelled and replaced by the iPod Nano. This rule (and not following it) is what killed companies like Kodak, RIM, Nokia, and what's hurting Microsoft a lot.


Quote:
Originally Posted by lilo777 View Post
Obviously the same could be said about most lawsuits initiated by Apple. Te World would clearly be better off if they just gave money to charity instead of suing.
That's what you think. That's not what Tim Cook thinks. Of course the world would be a better place if companies like Samsung started innovating instead of getting themselves sued for copying.


Quote:
Originally Posted by lilo777 View Post
Your sarcasm may be be misunderstood by many. CEO interview after which company's shares drop more than 2% obviously should not be called excellent. 50 more interviews like that and Apple goes bankrupt
And what makes you think that Apple cares one bit about their share price? And what makes you think that Apple's share price has anything to do how well the company is doing? Apple just told Wallstreet to ******* off. "We welcome input from our shareholders and are discussing a broad array of options. " Absolutely brilliant. Kicked Einhorn right where it hurts most.

Last edited by gnasher729; Feb 12, 2013 at 11:00 AM.
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Old Feb 12, 2013, 11:05 AM   #41
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Most proud of our employees. I have the privilege every day of working with people who want to make the very best products in the world, and they're there to do not only great work, but the best work of their lives. It's a privilege of a lifetime for me to be there now.
Most proud of employees working for chicken feed (at least for the stores)
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Old Feb 12, 2013, 11:05 AM   #42
512ke
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Dear Tim,

Please s t f u. Don't talk because every time you open your mouth the stock tanks.

You're great. Apple is great. Your actions will speak better than words.

The words make the stock go down every time. Ouch!
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Old Feb 12, 2013, 11:06 AM   #43
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As one of the most evil companies on the planet, whatever Goldman Sachs is against, I am for!!!

Get your hands off my stash!!!!......R. Waters / Money / Dark Side of The Moon

Tim should asked GS why they don't give some of the BILLIONS they pay themselves in bonuses every year, back to the stock holders as a dividend, instead of hoarding it away for themselves.
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Old Feb 12, 2013, 11:08 AM   #44
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That's a long article for zero content.
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Old Feb 12, 2013, 11:10 AM   #45
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In short -

Mr. Cook - "We have nothing new for one of our biggest shareholders"

GS - "Now we know what to do with the rest of our AAPL stock. Good bye Mr. Cook."
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Old Feb 12, 2013, 11:11 AM   #46
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Originally Posted by Popeye206 View Post
+1.... was a good quote!

Overall, a good interview. Tim comes off as very confident about where they are going. Hopefully, that means new toys in 2012. :-)
Ummmm....Apple must be building time travel devices! Haha
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Old Feb 12, 2013, 11:11 AM   #47
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Nice to hear Tim Cook again. I still have my reservation regarding Ive on software. He may be the best at design, but I wonder if he programed in his live. I know he or Scott does not do the programing, but if you lead, you need to know something about the path.
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Old Feb 12, 2013, 11:12 AM   #48
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Tim is doing a great job and I've got a ton of confidence in Apple going forward. A lot of investors don't get Apple's ethos, and just want to see it get turned into another machine, pumping out product after product at the cost of quality. Good to see Tim putting them in their place, and showing that he will stand up for Apple's core philosophy, whether Wall Street likes it or not.
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Old Feb 12, 2013, 11:14 AM   #49
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Originally Posted by Peace View Post
Tim keeps saying "We are constantly looking". Well make up your friggin mind man. Stop looking and start doing.
A fool and his money are soon parted. Anyone with any sense knows that CAREFUL and DELIBERATE choices are the way to run a company. If you just buy things for the sake of buying things, well, then you end up like HP.
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Old Feb 12, 2013, 11:14 AM   #50
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That's what you think. That's not what Tim Cook thinks. Of course the world would be a better place if companies like Samsung started innovating instead of getting themselves sued for copying.
What;s your metric for innovations? Profits? Then, I guess, Exxon Mobil is the most innovative company in the World. If, on the other hand, we look at the more conventional metrics like the number of patents granted and the size of of R&D budget, Samsung leaves APple in the dust.


Quote:
Originally Posted by gnasher729 View Post
And what makes you think that Apple cares one bit about their share price? And what makes you think that Apple's share price has anything to do how well the company is doing? Apple just told Wallstreet to ******* off. "We welcome input from our shareholders and are discussing a broad array of options. " Absolutely brilliant. Kicked Einhorn right where it hurts most.
And what makes you think I care about what Apple thinks? This is not Apple employee forum. Many people here have AAPL shares. They definitely care about share price.
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