Apple CEO Tim Cook’s interview this year at AllThingsD’s D11 conference started off with a cheerleader vibe, who said that Apple was not in trouble. He re-iterated that Apple continues to be a market leader, sold 85 million iPhones and 42 million iPads last quarter, and has seen drops in stock prices before.
“From my point of view, over my long tenure at Apple, not as CEO,” said Cook, “we’ve always had competent rivals. We fought against Microsoft-still fight against Microsoft, particularly in the PC space.”
He continued to address the question of Apple stock declines.
“If you look at the stock,” he said, “which is a lot of what people focus on, the stock price has been frustrating. It’s been frustrating for investors and for all of us. This too is not unprecedented.”
Talk quickly turned to Apple TV, a topic Cook avoided as much as possible, saying that of course Apple was still interested in the space, that there was a “grand vision,” and that he didn’t want to say much else.