What Tim Cook Had to Say About Apple's Quarter

The transcript covers a discussion with Apple CEO Tim Cook and CFO Luca Maestri about Apple's strong quarterly performance and optimistic forecast, particularly for the iPhone 10 despite supply constraints. It highlights Apple's growth in China, with strong performance in Mac, iPad, and services. The conversation also touches on the potential impact of US tax reform on Apple, emphasizing the company's support for comprehensive corporate tax reform to drive investment and job creation in the US.

What was a major concern regarding the iPhone 10 that Tim Cook addressed?

• Lack of new features

• Poor performance in international markets

• Supply constraints affecting availability

• Its high price compared to competitors

Which market did Apple see significant growth in, according to Tim Cook?

• China

• South America

• Africa

• Europe

What was Tim Cook's response to concerns about the iPhone 10's price in China?

• He was pessimistic about its success

• He believed the price was justified by its features

• He ignored the concerns

• He planned to lower the price

What is Apple's stance on corporate tax reform?

• They only support reforms that lower taxes

• They are indifferent to the changes

• They support comprehensive reform

• They oppose any changes

How does Apple believe tax reform will benefit the US?

• By increasing product prices

• By limiting overseas expansion

• By driving investment and job creation

• By reducing competition