Cook calls Apple "a force for good in the world"
Cook also pointed out how Apple has made a number of new product introductions lately, "all of these are products only Apple could have delivered. And most companies would be proud to have just one of them." With a large cash hoard that the company has been often criticized for sitting on, CEO Cook brought up the number of non-commercial endeavors that Apple has found itself involved in. "We're also proud to be a force for good in the world beyond our products," the executive said.
The CEO also got a jab in at investor Carl Icahn, who has been trying to cajole Apple into borrowing $150 billion at 3% and make a tender offer to buy back that amount of Apple stock at $525 a share. According to the corporate raider, doing this would raise Apple's earnings per share figure by 33%. Without a change in the valuation of the company, Apple's stock should then rise by the same percentage. In talking to analysts on Monday, Cook said "I'd like to thank all of our customers and our long term shareholders for their loyalty, and I'd also like to thank Apple's many talented employees who have worked tirelessly to bring us this far and who are passionately focused on making great products that enrich people's lives."