“Apple Inc. Chief Executive Tim Cook takes the stage Monday night at WSJDLive, The Wall Street Journal’s global technology conference,” Daisuke Wakabayashi reports for The Wall Street Journal. “Mr. Cook’s appearance comes at a critical moment for Apple. It just released a pair of new iPhones, the successors to a pair of smartphones that propelled the company to record profits. That success has also raised the bar for Apple; some analysts question whether iPhone sales – the company’s primary profit engine – may soon dip below year-ago levels.”
“Apple’s chief also may face questions about the impact on its bottom line from slowing economic growth in China, the world’s largest smartphone market and Apple’s second-largest market by revenue,” Wakabayashi reports. “In what is expected to be a wide-ranging discussion with Journal editor Gerard Baker, Mr. Cook is likely to be asked about Apple’s future products, including the much-discussed project to build an electric car.”
Wakabayashi reports, “The Journal’s personal-technology columnists, Geoffrey Fowler and Joanna Stern, will live blog the conversation from the floor of the conference hall. The Journal will have video clips and news coverage shortly after the session, which is expected to begin around 11:30 p.m ET.”
Link to the live blog here.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]
It’s tough at the top.
Yeah …. Pundits have been predicting the demise of the iPhone since its introduction in 2007; Steve Jobs quipped at the time that Apple inc. would be happy with 1% of the Smartphone market; guess what, Apple inc. OWN the Mobile Phone market, including north of 90% of the profits; lest I forget, the iPhone asp has actually Increased over that time!!
You’re right about the profits, at least as they are measured. I quote that often also without truly understanding what it means exactly. But owning the market? Nah. Far more cheap Android phones out there. Except in the U.S. I believe Apple is number 1 here, correct?
Let’s say a market is a business sector in which objects or services are sold for money.
By the ultimate measure of what “markets” are for and about, yes, Apples owns the market.
I must have missed the new frontiers he talked about. It was a pretty lame interview with predictable questions and answers.