“We’ve accomplished a tremendous amount,” Tim Cook said today in his Apple earnings conference call, adding that the company has “set many sales records.”
But it looks like a new iPhone, a cheaper iPhone, a new tablet, an iWatch, or any other new products will have to wait.
“Our teams are hard at work on some amazing new hardware, software and services we can’t wait to introduce this fall and throughout 2014,” Cook said.
That’s basically as close as Apple will come to saying: no new products for you. And that is not what investors want to hear. The lack of new product introductions — not a single new product in this past quarter — is partly what hurt Apple in the stock market, as investors want to see what is new and what is coming.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
When an analyst later on the call asked for more details, Cook had this to say: “I don’t want to be more specific. We have some really great stuff coming in the fall and all across 2014.”
Image credit: Dean Takahashi
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More