Tim Cook, Apple CEO, weighs in after disappointing first-quarter revenue

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Tim Cook, Apple CEO, weighs in after disappointing first-quarter revenue
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Apple CEO Tim Cook weighed in Thursday on the company missing some financial results estimates and its hiring. He spoke with FOX Business correspondent Susan Li.

posted quarterly costs below what had been guided, according to Li. She also reported that the CEO said Apple is looking at everything for any potential improvements in terms of costs."America is our home," he said. "We want to do as much here as we can. We have an advanced manufacturing fund to spend here.

"and consumers, he said Apple "really invest[s] for the long term, and we’re highly confident for the long term," according to Li.iPhone, Mac, and wearables, home and accessoriesFor the first quarter, the company posted roughly $9.4 billion in iPad net sales, compared to the $7.76 billion analysts had estimated, and $20.77 billion in services net sales, compared to estimates of $20.67 billion.

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