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- Apple CEO Tim Cook: “We Acknowledge That Our Growth Rate Has Slowed”
Posted by : Brij Bhushan
Tuesday, 23 April 2013
Apple CEO Tim Cook made very candid introduction remarks during the earnings call. “We acknowledge that our growth rate has slowed,” Cook said. He then said that Apple has experienced “tremendous successes” over the past few years and that may be the reason why growth is slowing.
“Decline in stock price has been very frustrating to all of us,” he said. Apple’s stock dipped below $400 a share just a few days ago. “The key to Apple’s strength is creating innovative products, and that is always in Apple’s control,” he continued.
Developing…