Apple CEO promises new products, says Apple TV no longer a "hobby"


  • TECH
  • Monday, 03 Mar 2014

FUTURE OUTLOOK: Apple's ability to again transform the fast-moving technology arena is the central question in investors' and Silicon Valley executives' minds as the company's growth slows. - Reuters

CUPERTINO, California:  Apple Inc sold more than US$1bil (RM3.28bil) of Apple TV set-top boxes in 2013 and is investing heavily in the next generation of products, Chief Executive Tim Cook said at the company's annual meeting.

Apple's ability to again transform the fast-moving technology arena is the central question in investors' and Silicon Valley executives' minds as the company's growth slows, and rivals like Samsung Electronics Co Ltd and Google Inc take chunks out of its market share.

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