“Tim Cook, Apple’s chief executive, said its strong fiscal second-quarter might silence chatter that the company is in decline,” Daisuke Wakabayashi reports for The Wall Street Journal. “He paused before adding: ‘Maybe it will take some new products.'”

“In an interview with The Wall Street Journal, Cook said Apple is hard at work but it will not rush,” Wakabayashi reports. “‘You want to take the time to get it right,’ [Cook said]. ‘Our objective has never been to be first. It’s to be the best. To do things really well, it takes time. You can see a lot of products that have been brought to market where the thinking isn’t really deep and, as a consequence, these things don’t do very well. We don’t do very many things so we spend a lot of time on every detail and that part of Apple isn’t changing. It’s the way we’ve operated for years and it’s the way we still operate. I feel great about what we’ve got coming. Really great and it’s closer than it’s ever been.'”

“Cook also made it clear that new products may extend beyond hardware,” Wakabayashi reports. “‘We have almost 800 million iTunes accounts and the majority of those have credit cards behind them,’ [Cook said]. ‘We already have people using Touch ID to buy things across our store, so it’s an area of interest to us. And it’s an area where nobody has figured it out yet. I realize that there are some companies playing in it, but you still have a wallet in your back pocket and I do too which probably means it hasn’t been figured out just yet.'”

Read more in the full article here.

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