Investor Beat May 29- Apple vs Google

TL;DR

Apple CEO Tim Cook promises more game changers in the pipeline, expresses doubt about Google Glasses going mainstream.

Transcript

for all the talk of Google Glasses and apple Smartwatch I just have one question when am I going to get my jet pack that I was promised investor beat starts now thanks for watching I'm Chris Hill the market taking a step back today all the major indices down McDonald's and Verizon just two of the stocks keeping the Dow from moving higher joining me... Read More

Key Insights

• 👾 Apple CEO Tim Cook is optimistic about the company's future and promises more game changers.
• 😑 Cook expresses skepticism about the mainstream success of Google Glasses.
• 🎁 The decline in Apple's stock price presents a buying opportunity for some investors.
• 💩 Tesla Motors' stock takes a hit, potentially due to its detachment from its business fundamentals.
• 🌓 Fresh Market experiences a decent quarter but misses sales estimates.
• 😀 Trina Solar faces challenges in the solar energy industry due to falling prices and supply-demand issues.
• 🏪 United Natural Foods' margins get squeezed, but the company remains a dominant player in the grocery store supply chain.
• ❓ The HomeGoods retailer William Sonoma could benefit from the recovering housing market.

Questions & Answers

Q: Does Tim Cook believe Apple will continue introducing game changers?

Yes, Tim Cook expressed excitement about Apple's future plans and has confidence in their ability to innovate based on their previous game-changing introductions.

Q: What did Tim Cook say about Google Glasses?

Tim Cook expressed doubt about the mainstream success of Google Glasses, stating that wrist-based devices like a smartwatch are a more likely target for consumer interest.

Q: Is Apple's declining stock price a concern?

While Apple's stock price has declined, there is still interest in the company due to its past innovations and the potential for future game-changing products.

Q: What are the potential new products Apple might introduce?

Apple has the potential to introduce a new product like a ring or a watch, which could disrupt the market and bring about another game-changing innovation.

Summary & Key Takeaways

• Apple CEO Tim Cook states that his company has more game changers in the works, emphasizing their track record of successful innovations.

• Cook takes a dig at Google, stating that he doesn't believe Google Glasses will become mainstream like a smartwatch.

• The discussion also touches on the decline in Apple stock price and the potential for Apple to introduce a new product like a watch or a ring.