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Tim Cook says Apple won't go down 'junk' road

Apple has no intention of competing in the "junk" segment of the electronics market, chief executive Tim Cook says. In an interview published Thursday as Apple prepared to launch sales of two new iPhones, Cook said he remains unfazed by Apple's eroding share of the smartphone market. "There's always a large junk part of the market. We're not in the junk business," he said in the interview with Bloomberg Businessweek. "There's a segment of the market that really wants a product that does a lot for them, and I want to compete like crazy for those customers."

With Apple CEO's Senate turn, lawmakers see possible spur to action on fixing US tax code

WASHINGTON - Now that tech darling Apple Inc. has been dragged front and centre into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.

Apple still has 'magic,' innovation, says CEO Cook

Apple remains ahead of its rivals in the ability to innovate and "create magic" despite tougher competition in key sectors like smartphones and tablets, chief executive Tim Cook said Tuesday. Cook said Apple still has strong growth opportunities because of its ability to work simultaneously on hardware, software and services, brushing aside suggestions that Apple has passed its peak. "Apple has the ability to innovate in all three of these spheres and create magic," Cook said during a question-and-answer session at the Goldman Sachs Technology and Internet Conference.

Apple still has 'magic,' innovation, says CEO Cook

Apple remains ahead of its rivals in the ability to innovate and "create magic" despite tougher competition in key sectors like smartphones and tablets, chief executive Tim Cook said Tuesday. Cook said Apple still has strong growth opportunities because of its ability to work simultaneously on hardware, software and services, brushing aside suggestions that Apple has passed its peak. "Apple has the ability to innovate in all three of these spheres and create magic," Cook said during a question-and-answer session at the Goldman Sachs Technology and Internet Conference.
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