During the first-quarter earnings call, Apple's No. 2 and acting CEO, Tim Cook made some interesting comments.
Acting CEO of Apple, Tim Cook seems to have killed the numerous iPhone Nano rumors saying:
business. That's not who we are. That's not why we're here. We'll let
somebody do that, our goal is not to be the unit share leader in the
phone industry. It is to build the best phone."
Tim Cook had this to say regarding iPhone's pricing, :
some of them are non-subsidized markets. Examples are, the largest is
in terms of size of the market, our sales are clearly materially less
in those markets than they are in the subsidized markets with
contracts. We are constantly evaluating the best way to play in these
markets. We know there's a huge opportunity here, and we will make
adjustments in the future there to play in a better way."
When asked about the rising competition from Android, Blackberry, and Palm, Tim Cook warned competitors of legal battle:
The analyst asked Tim Cook if he was referring to Palm's Pre as it had features like multi-touch which were similar to the iPhone and something that Apple holds patent on. He replied:
suit up and go against anyone. However, we will not stand for having
our IP ripped off."
Interesting, we will keep you posted as this story develops.
What's your take?
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