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Technology Stocks : Apple Inc.
AAPL 277.44-0.5%12:16 PM EST

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From: Moonray1/24/2013 8:52:10 AM
1 Recommendation  Read Replies (1) of 213173
 
Apple CEO to investors: Ignore the rumors

During yesterday's earnings call with investors and analysts, Cook took time to address the rumor mill.

"I want to take a moment and make a comment," Cook said. "I don’t want to comment on any particular rumor,

but I’d question the accuracy of any kind of rumor about our plans. I’d stress that even if a particular data point
were factual, it would be impossible to interpret [what this means] for our overall business."

He went on to say that "yields can vary, supplier performance can vary" and that "there’s an inordinately long

list of things that would make any single data point not a great proxy for what’s going on."

More at: zdnet.com

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