Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (AAPL): 4 Revealing Comments From Today’s Q&A Session

Cook had this to say about Apple’s place in the PC market:

“The market for PCs are incredibly weak […] the largest decline I can remember. At the same time we also sold 20 million iPads, and it’s also true that some of those cannibalized Macs […] I personally don’t think it’s a huge number […] with that said, I don’t think this market is a dead market […] we’re going to continue to innovate in it […] the huge growth in tablets may end up benefiting the Mac […] people may be even more willing to buy a Mac. We’re going to continue making the best personal computers. Our strategy’s not changing, and we fell really good about it.”

“This is an area we’re continuing to invest in.”

For a longer take on Apple Inc. (NASDAQ:AAPL)’s latest conference call, read about it here, on Insider Monkey.

Disclosure: none

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.