Woz: Apple is Likely Working on Things That Will 'Surprise and Shock Us All'

Posted April 19, 2013 at 6:33pm by iClarified | Please help us and submit a translation by clicking here | 12335 views

Steve Wozniak, co-founder of Apple, commented on the company's sinking stock price and says he believes the company is working on things that will 'surprise and shock us all', reports TechCrunch.

Speaking at the Login Technology Conference in Vilnius, Lithuania, Woz said:

"[Apple's]stock price is a little low right now. Over time I’ve seen Apple go up or down 2x over a few months. It’s very disappointing because if you look at the amount of cash that Apples holds that cash translates to one to two hundred dollars per share of stock just in cash form. So the expectations are a little lower even than they expect."

"But where are the profits of the whole industry though? They are still with Apple and profits are all that really matter in the long run. Apple’s business model tends to be new products, even products that didn’t exist before and doing well out of them and not re-making the same thing, as eventually that just gets a little bit stale. So I would guess that Apple is very well prepared, and working on new things that are going to surprise and shock us all. And I honestly don’t know [what]."

Woz also noted that he doesn't ask insiders what is ahead.

"I gave up trying to guess [what Apple would do next] a long time ago. There can be rumors which are false, or something gets cancelled. I never ask key insiders at Apple what they are about to come out with."

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tiger - April 21, 2013 at 12:14pm
Lately people hear are using rubbish laungage Please try to be intellectual it's more fun that way Or you won't gain anything and ultimately will be the looser Woz I don't know what he has done after apple, nothing ? Why does he get importance I don't know. I am thankful that he was instrumental in starting the mac. But that's only one thing.
payless wireless - April 21, 2013 at 3:43am
if you could provide for iphone 9.99, i can provide you wholesale for $1.50 http://paylesswirelessus.net
AngryWetNiggerMidget - April 21, 2013 at 3:10am
I don't think apple is going to recover from from their dive, They are getting more and more behind the curve daily. Their mac pros, mbp, mba which I own are amazing, but when it comes to phones, they need to get off their dumb way of thinking and get with the times. No one wants a 4 inch phone that is long and skinny like a Chinese dick. There are phones out there that put ip5 to shame. They need to make larger phones with better screens and leave the OS open where the users can customize them.
Whogiveashat - April 20, 2013 at 10:33pm
Wtf Jewishwoman. What u onna about?
charliedelta - April 20, 2013 at 6:43pm
that's right after additional row the surprise will be additional column ... what a bunch of morons over and over same lousy boring phone no longer smart but dumb dumbphone HAHAHAHAHAHAHAHAH DUMBPHONE THAT IS COPIED FROM SAMSUNG HAHAHAHAHAHAHA
steve - April 21, 2013 at 5:41pm
So what your saying is samsung made a dumbphone
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