AppleInsider Staff
The Wall Street Journal has released the full version of its interview with Apple CEO Tim Cook filmed at the inaugural WSJD Live conference in October, where topics discussed ranged from Apple Pay to Apple Watch and more.
Cook's brief Q&A session with WSJ managing editor Gerry Baker failed to reveal much in the way of new information, but the Apple chief did offer insightful commentary on ongoing topics of interest like the "skirmish" between Apple Pay and Merchant Customer Exchange retailers.
Unsurprisingly, Cook was bullish on the iPhone and noted the handset is expected to be a major component in overall company revenue over the near term. The iPhone currently accounts for about half of Apple's income.
Cook also pointed out other areas of growth, specifically iTunes software and services, which is now a $18 billion business. For the most recent fiscal quarter, iTunes brought in $5.4 billion, up 22 percent year-over-year. In July, the segment became one of Apple's fastest-growing operating segments.
On Apple Watch, Cook said Apple realizes that a smartwatch needs to be fashionable to succeed, but pointed out that the fashion industry is "totally new for us."
A 34-minute video of the complete session is embedded above and can be found on the Journal's website alongside a writeup covering highlights from the talk.
Charles Martin
Malcolm Owen
William Gallagher
Christine McKee
Wesley Hilliard
27 Comments
Knows his stuff. Apple as a whole company right now I think need to focus on BUGS BUGS BUGS; hardware and software. Take a deep breath and fix everything!
'On Apple Watch, Cook said Apple realizes that a smartwatch needs to be fashionable to succeed, but pointed out that the fashion industry is "totally new for us."'
Cook is helpfully giving forewarning that the Apple Watch is going to bomb. "Totally new for us" is Cook-speak for "hobby."
It should be called WWSJD. ;) To which Tim would say: "trust my instincts."
Cook is helpfully giving forewarning that the Apple Watch is going to bomb. "Totally new for us" is Cook-speak for "hobby."
Except he’s not shy about saying ‘hobby’ in regard to a product, so no.
[quote name="Tallest Skil" url="/t/183349/full-video-of-tim-cooks-wsjd-live-conference-panel-posted-online/0_100#post_2637705"][QUOTE] [COLOR=181818]Cook is helpfully giving forewarning that the Apple Watch is going to bomb. "Totally new for us" is Cook-speak for "hobby."[/COLOR] [/QUOTE] Except he’s not shy about saying ‘hobby’ in regard to a product, so no. [/quote] I like your new avatar. Poor, sad one.