From CNET News.com: Apple chief executive Tim Cook will once again speak at the Goldman Sachs annual Technology and Internet Conference. Cook -- who rarely speaks or does interviews outside of Apple's own events -- is opening the conference, which begins tomorrow. Barrons notes that Cook was originally scheduled to speak at 1:15 p.m. PT, right after the market closes, but will instead kick everything off almost immediately after it opens at 7:15 a.m. Cook's appearance at the show last year came amid controversy. All eyes were on Apple to publicly respond to in-depth reports and criticisms of its overseas manufacturing operations. The CEO responded by going on the offensive, saying "Apple takes working conditions very, very seriously, and we have for a very long time," and that "every worker has the right to a fair and safe work environment, free of discrimination, where they can earn competitive wages and they can voice their concerns freely." The on-stage interview with Goldman Sachs analyst Bill Shope also led to a few other tidbits, specifically around Cook's view of his legacy at Apple, the future of Siri and the Apple TV. The chat comes at a time when Apple's core business is under closer scrutiny than it has been in years. Even with recent gains, shares of Apple remain down about 32 percent since reaching a high last September. The company is also facing unrest from some shareholders over its cash pile, which continues to grow. Even though Apple announced a dividend and a stock repurchasing plan, a lawsuit from a notable investor last week argues that the company View: Article @ Source Site |
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