Apple’s stock fell 8 percent after it reported its most recent quarterly results, and the company took advantage by buying back $14 billion of its own shares. “It means that we are betting on Apple. It means that we are really confident on what we are doing and what we plan to do,” CEO Tim Cook told the Wall Street Journal. He also confirmed new product categories for 2014, saying, “There will be new categories. We’re not ready to talk about it, but we’re working on some really great stuff.”
Subscribe today so you don’t miss any TidBITS articles!
Every week you’ll get tech tips, in-depth reviews, and insightful news analysis for discerning Apple users. For over 31 years, we’ve published professional, member-supported tech journalism that makes you smarter.
Registration confirmation will be emailed to you.