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Tim Cook Speaking at Goldman Sachs Conference Tomorrow, Apple Providing Live Audio Stream

MacRumors

macrumors bot
Original poster
Apr 12, 2001
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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
 

MTL18

macrumors regular
Jan 25, 2013
205
72
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!
 
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NT1440

macrumors G5
May 18, 2008
12,659
16,276
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? ;)
 
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Squilly

macrumors 68020
Nov 17, 2012
2,260
4
PA
This'll be interesting. Wonder whats going to happen to the stock price.
 
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DipDog3

macrumors 65816
Sep 20, 2002
1,185
679
Will probably announce more of a cash dividend, that will help out the stock a little...
 
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MTL18

macrumors regular
Jan 25, 2013
205
72
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).
 
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NT1440

macrumors G5
May 18, 2008
12,659
16,276
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.
 
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MTL18

macrumors regular
Jan 25, 2013
205
72
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.
 
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50548

Guest
Apr 17, 2005
5,039
2
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.
 
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PassiveSmoking

macrumors member
Dec 3, 2011
51
53
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.
 
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carlgo

macrumors 68000
Dec 29, 2006
1,806
17
Monterey CA
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.
 
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ChristIsLORD

macrumors member
Jul 29, 2011
67
0
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.
 
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Rocketman

macrumors 603
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
 
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