Thursday, February 11, 2016

Tim Cook comments on Apple prospects in China over the last year



Apple Iraqi National Congress (AAPL.O) corporate executive Tim Cook has been usually optimistic on the prospects in China over the last year, however the newest quarterly results discharged Tues show the corporate faces headwinds in its second-biggest market.

Following area unit quotes from Cook on China over the last year:

* Apple earnings decision, October 27, 2015

"I suppose that there is a misunderstanding, in all probability notably within the Western world concerning China's economy, that contributes to the confusion. That said, i do not suppose it's going as quick because it was, however I conjointly do not suppose that Apple's results area unit for the most part captivated with minor changes in growth."

* In letter to television show host and former hedge fund manager Jim Cramer, August 2015

"I get updates on our performance in China a day, together with this morning, and that i will tell you that we've got continued  to expertise robust growth for our business in China through July and August. Growth in iPhone activations has truly accelerated over the past few weeks. ... clearly i can not predict the longer term, however our performance to this point this quarter is consoling."

* Apple earnings decision, July 21, 2015

"We stay very optimistic on China and we're continued to take a position. Nothing that is happened has modified our elementary read that China are going to be Apple's largest market at some purpose within the future."

* Apple earnings decision, April 27, 2015

"We set a record in China for revenues. ... so we tend to - by everything I will see, we tend to did very well. ... We're very pleased with the results there and still invest within the country."

* Apple earnings decision, Feb 10, 2015

"That country (China) has huge chance. there is such a tremendous range of individuals that area unit stepping into the center category. It's one thing like I've ne'er seen in my period of time before."

No comments:

Post a Comment