Tuesday, February 12, 2013

Apple CEO Tim Speaks At Today at the Goldman Sachs Technology and Interactive Conference

Apple CEO Tim Cook will speak live Tuesday at the Goldman Sachs Technology and Interactive Conference. Audio from his speech will be streamed live at Apple's investor website. Such talks are typically wide-ranging—Cook's talk at the same event last year covered topics including quarterly earnings, Apple TV, and his then-still-recent succession of Steve Jobs.
That talk was notable, however, for Cook's commitment to improve working conditions at Apple's worldwide chain of suppliers, in the face of burgeoning controversy. “No one in our industry is doing more to improve working conditions than Apple,” Cook told attendees at the February 2012 Goldman Sachs conference. “We are constantly auditing facilities, going deep into the supply chain, looking for problems, finding problems, and fixing problems. And we report everything because we believe that transparency is so very important in this area.”
Since then, however, the focus of attention has shifted somewhat. Apple saw its Mac computer sales decline dramatically in its 2012 fourth quarter report, and faced renewed questions over whether some of its lines—including, especially, the iPad—are cannibalizing sales from more lucrative products.
Editor note: The reality is that the iPad is often purchased by people who would otherwise purchased a non-Apple product in the form of a Windows operated computer, net book or laptop. The other reality is that these newly obtained customers are more likely to purchase additional Apple products after having purchased either an iPad or iPhone.

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