Tim Cook recently shared the earning of the Apple Co‐operation as $50.6 Billion revenue and $10 Billion in profits. Tim said that Wall Street over reacted towards the situation of Apple. Cook said that he agrees that people did not meet the Wall Street’s expectations last quarter however the complete reaction was abnormal. Tim Cook is happy with the results of the quarter and says that he is satisfied with the company’s growth for the current quarter. What baffles Tim is that people are upgrading at a very slower rate. People love Apple’s products however they are not likely upgrading.

Cook says that apple has some great plans in their pipeline and they are likely excited about their upcoming product launch. Cook says that Apple’s upcoming phone will definitely push the queue and make people upgrade their devices. He also clarified that the recent China may have stopped Apple’s products and services however Cook still believes that Chinese market has lot of scope left for them and they are likely going to come back to them. Tim has noticed that nearly 40 percent each year people have started switching to IOS platform from Android. There is a huge potential left for Apple product makers. India is one of the destinations which reacting pretty well in favor of Apple. They are showing interest in Apple’s products and are growing their interest.

The iPhone 6 was a definite disaster for them. People did not like much and they reacted insanely after the product launch. The disaster went out of control for Apple. The bending issues of the device raised few additional concerns for the device makers however it was taken care of later. Apple is launching various types of plans for various markets to push the sales of their products. They expect to make up soon.