Macworld’s Transcript of Tim Cook’s Remarks on Today’s Earnings Call

Tim Cook:

Our teams are hard at work on some amazing new hardware, software, and services that we canโ€™t wait to introduce this fall and throughout 2014. We continue to be very confident in our future product plans.

Translation: no new iPhone or iPads until fall. Pretty unusual thing for Apple to forecast publicly. Clearly, they’re seeking to adjust expectations regarding WWDC in June. Another one getting some attention (emphasis added):

We will continue to focus on the long term, and we remain very optimistic about our future. Weโ€™re participating in large and growing markets. We see great opportunities in front of us, particularly given the long-term prospects of the smartphone and tablet markets, the strength of our incredible ecosystem which we plan to continue to augment with services, our plans for expanded distribution, and the potential of exciting new product categories.

Tablets, phones, and computers are “product categories”, in Apple parlance. So he’s not talking about a new iPad or iPhone, he’s talking about an entirely new leg on the stool.

โ˜… Tuesday, 23 April 2013

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