Apple CEO Tim Cook sought to reassure investors during a Monday conference call. Without providing further specifics, he reiterated previous statements that Apple plans to plow new fields in technology.
"Innovation is deeply embedded in everybody here," Cook said, adding that "we have zero issue coming up with things we want to do that we think we can disrupt in a major way."
Analysts believe Apple will broaden its horizons this year by introducing an Internet-connected "smartwatch" to establish a toehold in the still-nascent market of wearable computing. Speculation about Apple making a television set that would run on the same software as the iPhone has been circulating for years.