His comments came as the tech giant continued to shed value in the wake of disappointing earnings.
Carl Icahn, Chairman of Icahn Enterprises, talks about his view on Apple.
Brian Blair, Grays Peak Capital, parses the numbers on Apple's results and shares his outlook on the company.
Apple actually strengthened its hold on the high-end smartphone market in mainland China in the March quarter, according to a Nielsen report.
Apple's stock tumbled as Wall Street analysts showed their displeasure the tech giant's latest quarterly report.
CNBC Contributor Bill George, Senior Fellow at Harvard Business School and Fmr. Medtronic Chairman, and Vivek Wadhwa, Fellow at the Rock Center for Corporate Governance at Stanford University, discuss whether Apple and its CEO Tim Cook have lost credibility after dismal earnings.
Apple's latest quarterly results are less than encouraging, but the numbers may not be as bad as they look.
Apple CEO Tim Cook conveyed optimism on the outlook for iPhone sales, with CNBC's Josh Lipton.
After Apple reported its first revenue decline in 13 years, how should investors look at Tim Cook's optimism on emerging market sales, with Timothy Arcuri, Cowen & Co. technology analyst, and Channing Smith, Capital Advisors co-portfolio manager.
Apple CEO Tim Cook is looking ahead to strength in emerging markets for the iPhone SE, reports CNBC's Josh Lipton.
I do think there is some valuation support as the stock gets into the low $90s, says Sherri Scribner, Deutsche Bank, breaking down Apple's quarterly results which missed on the top and bottom line, representing the first quarterly sales drop since 2003.
Aaron Rakers, Stifel Nicolaus, breaks down Apple's quarterly results which missed on the top and bottom line, representing the first quarterly sales drop since 2003. We still like the set-up for the iPhone 7 later this year, says Rakers with his outlook on the stock.
Daniel Ernst, Welch Capital Partners, says the big question for Apple is whether it can grow but points out it could be a buying opportunity for some investors as shares slip after earnings. This is a company that has a tremendous track record, says Ernst.
The company announced a 10 percent dividend increase and a $50 billion increase to its capital return program.
Apples' sales in China tumbled in the second quarter after warnings of weakness, the company said in Tuesday's earnings.
John Sculley, Chairman of PeopleTicker and former Apple CEO, talks about the tech giant's big earnings miss.
CNBC's Josh Lipton breaks down Apple's earnings release and reports on its conference call.
The Fast Money traders discuss Apple's earnings release causing shares in the tech giant to fall in after hours trading.
With iPhone sales dragging Apple revenue down for the first time since 2003, the company needs new growth drivers like the Apple Watch.
CNBC's Josh Lipton reports Apple earnings missing and revenues beating estimates.