Apple's Cook tries to tantalize shareholders

Feb 28, 2014

(AP)—Apple CEO Tim Cook is still trying to convince shareholders that the iPhone maker remains a step ahead in the race to innovate, even though recent performance of the company's stock lags behind other technology trendsetters.

In making his case Friday, Cook touched upon familiar themes during Apple's annual meeting at the company's Cupertino, Calif. headquarters.

As he often does, Cook promised Apple Inc. is working on that will expand the company's product line-up beyond smartphones, tablets, music players and personal computers.

Cook tantalized the crowd at one point when he told them he planned to provide a glimpse at the upcoming products, but it turned out to be just a tease. He said he was only joking and didn't provide a timetable for the products' release.

Explore further: Activist investor Icahn reconnects with Apple CEO

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Apple CEO Cook says lawsuit is 'silly sideshow'

Feb 12, 2013

Apple CEO Tim Cook calls a shareholder lawsuit against the company a "silly sideshow" but says he is open to looking at the shareholder's proposals for sharing more cash with investors.

Apple's Tim Cook joins Twitter

Sep 21, 2013

Apple chief executive Tim Cook joined Twitter on Friday, as huge crowds formed around the world to buy up the California giant's two new iPhones.

Apple still has 'magic,' innovation, says CEO Cook

Feb 12, 2013

Apple remains ahead of its rivals in the ability to innovate and "create magic" despite tougher competition in key sectors like smartphones and tablets, chief executive Tim Cook said Tuesday.

Recommended for you

Alibaba mega IPO caps founder Jack Ma success tale

1 hour ago

When Jack Ma founded Alibaba 15 years ago he insisted the e-commerce venture should see itself as competing against Silicon Valley, not other Chinese companies. That bold ambition from a time when China was ...

Alibaba poised to surge on the NYSE

11 hours ago

Chinese e-commerce powerhouse Alibaba will say "open sesame" to the New York Stock Exchange on Friday, as its shares begin trading in a highly anticipated debut that could raise up to $25 billion.

User comments : 0