Is Apple Getting Into New Categories? Tim Cook Says It 'Can'

Apple CEO Tim Cook said just enough on Monday to keep peoples' hopes alive that the company will enter a new product category, someday.

During the company's fourth quarter earnings call, Cook responded to an analyst question about whether the company would enter new product categories by noting that Apple has the capacity to do so, though that doesn't necessarily mean it will in the immediate future

"In terms of new product categories specifically, if you look at the skills Apple has from hardware, software and services and an incredible app ecosystem, these set of things are very, very unique," he said. "No one has a set of skills like this." Read more...