Thursday, 24 January 2013

Tim Cook hints at Apple's future growth in Q1 earnings call

Tim Cook

Investors may have cringed at Apple's revenue numbers in its Q1 2013 earnings call -- with earnings per share dropping short of market expectations for the first time in nine years, resulting in Apple shares falling by ten percent in after-hours trading -- but CEO Tim Cook took pains to point out that there is still a lot of room for growth when it comes to Apple product sales and profits.


There are a number of different ways Apple could continue to expand iPhone and iPad growth: introducing lower-priced options for emerging markets, bringing major changes to its product lines, or focusing on expanding to new geographic regions. For now, Apple seems to be focusing on the latter.


By: Christina Bonnington, Edited by: David Cornish


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via Wired.co.uk



http://www.wired.co.uk/news/archive/2013-01/24/apple-future-growth

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