Sat. Jun 19th, 2021

Tim Cook’s Talk At Goldman Sachs Technology and Internet Conference

Well at the Goldman Sachs Technology and Internet Conference Tim Cook revealed many great things about Apple in which he talked about six things point wise one on

  1. Apples Labor Chain
  2. iPad
  3. iPhone ‘Decent Quarter’
  4. iCloud
  5. Apple TV
  6. Siri

Apple Labor Chain

Well we have already talked about Apples labor chain where Cook said that

The first thing that I would want everyone to know is that Apple takes working conditions very, very seriously. And we have for a very long time. Whether workers are in Europe, or in Asia, or the United States, we care about every worker. I’ve spent a lot of time in factories personally… Many of our top managers and executives visit our factories on a regular basis. And we have hundreds of employees that are based there full time. So we are very closely connected to the production process…

…In terms of problems we are working to fix, you can read the details on our website, but I would tell you that no one in our industry is doing more to improving working conditions than Apple. We are constantly auditing facilities, going deep into the supply chain, looking for problems, finding problems, and fixing problems. And we report everything, because we believe that transparency is so very important in this area.


After this when he came on iPad to talk every one was panic of the iPad 3 to reveal, well it wouldn’t have happen actually he signed it though. He claimed that he spends most of his time at iPad which is actually 90% of my concentration is on iPad’s business. He beleives that the tablets market is in Apples hand already, after looking at the sales of iPad they are on to it.

People at the end of the day, they want the great product… I think they’ll [Amazon] will sell a lot of units. Our customers are not going to be satisfied with a limited-function product… as long as people invent their own stuff, I love competition.

iPhone ‘Decent Quarter’

Well on iPhone, Apple’s at boom. Cook reported that they have looked a decent quarter of iPhone sales of 37 million iPhone’s. They also believe that till 2015 they will have 1 billion iPhone’s sold. He said that most of the iPhone users are from China and Brazil where as an increment is from the Africa and Middle East. As a Middle Eastern resident after BlackBerry, iPhone is the only mobile phone seen on every second hand which is quite fascinating. The revenue here increased from $1.4 billion to $22 billion from 2007 to 2011.


Tim Cook at Goldman Sachs Technology and Internet Conference claimed 100 million users using iCloud right now which is a fantastic number. iCloud one of the iOS 5 feature is really heavy now used by millions. It uploads a picture captures, music downloaded and passes it on to the other iCloud devices and it works perfectly. Cook didn’t talk about much iCloud at Goldman Sachs Technology and Internet Conference.

Apple TV

Tim Cook reported that now Apple has to take the television business serious. Who don’t have an Apple TV should get one….

If you don’t have one, you should go out and get one… It’s a really cool product…The reason we call it a hobby is because we don’t want to send a message to you or our shareholders that we think the market for it is the size of our other businesses.


I guess he’s alone or something… He talked about Siri and said that he is in love with a beta product and he never believed it.

I never felt like I couldn’t live without a beta product before.

Well that’s not an end we will get more by Apple, the products which people love and according to the rumors thr iPad 3 event will take place on March 7, so be ready the first quarter is going to finish too.