Apple Lossless Audio CODEC (ALAC), organized the annual meeting of shareholders yesterday, Apple Park hosting those who have the largest investments made in the company, Tim Cook, the president of Apple, also being present. Tim Cook spoke at the meeting about the products that Apple has in the development process at the moment, saying that there are some "bets" made with some products that will backfire on us.
Apple is known for the fact that it develops all kinds of innovative products, even if some do not end up being launched, but Tim Cook's announcement is a very interesting one. It's hard to say what products that will set us back Apple can launch in the near future, but I hope that the current president of the company is right, because something truly innovative is needed from the Americans.
Apple has several "bets" on new products that will back us up
Apple also wants to reduce the price of the MacBook Air, which now costs at least $1200 in the US, as the company needs an increase in PC sales in 2019. On the other hand, Tim Cook stated that Apple will fulfill in 2020 a very bold goal, to generate 25 billion dollars annually just from the online services it offers.
Apple Inc. Chief Executive Officer Tim Cook said he has "never been more optimistic" about where the company is today and where it's heading. In a pep talk to investors, Cook said the iPhone maker is "planting seeds" and "rolling the dice" on future products that will just "blow you away."
Tim Cook has said in the past that Apple develops revolutionary, great, unprecedented products, etc., but so far we haven't seen anything that would actually back us up. I hope that even this time we will not only talk about nice words said to the shareholders just to convince them to buy more Apple shares, and the reality will be completely different.
