The Wall Street Journal has posted an extended interview with Tim Cook:
Apple CEO Tim Cook says the company’s best days are still ahead.
It’s not a particularly unusual message coming from a CEO. But Apple is facing pointed questions that the iPhone’s growth will slow and that the company’s innovative run is coming to an end.
Cook sat down Thursday for a wide-ranging interview with the Journal’s Daisuke Wakabayashi.
WSJ: There is a perception that Apple’s no longer a growth company. How do you respond to that?
Cook: Last year, we grew (revenue) by $14 billion to $15 billion. Yes, those percentages are smaller compared to a year earlier and two years earlier and so forth. But that doesn’t mean that you’re not a growth company. We were in hyper-growth, or whatever is above growth. We went from $65 billion to over $100 billion to $150 billion to $170 billion. These are historic, unprecedented numbers. I don’t know any companies adding growth at that level. So when you say $14 billion to $15 billion compared to those numbers, it’s clearly smaller and a smaller percentage, but, to put it in some context, that’s like adding three Fortune 500 companies in a year. I think that’s hard to say that’s not a growth company.
Much more – recommended – here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]