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If I were an Apple shareholder that statement from Cook would make me feel worse. "iPhone sales are up over a year ago" or something concise, factual, and upon
by mattmaroon 14y ago
If I were an Apple shareholder that statement from Cook would make me feel worse. "iPhone sales are up over a year ago" or something concise, factual, and upon which I could base a lawsuit if it turned out to be untrue would be great. What he gave was a non-response that would make Donald Rumsfeld proud.
- moakleaf 14y agoThey report # of phones sold for each quarter, so not much point in repeating "sales are up". Reporting stock sensitive information (like "sales are up") should also be done via a formal press release. I think he did the right thing; He tried to dismiss all current and future rumors with one statement. TC may not seem like the most convincing speaker, but he is not stupid, and he is a brave man for walking in Jobs' shoes, firing Scott Forstall (father of iOS), apologizing for the Apple Map issues etc. I wouldn't change places with him. Right now the investors are trying to figure out if some of his risky actions are generally smart or stupid... That's why the stock is down. Risk!