Why Isn't Apple More Confident About Next Quarter?

The transcript covers Apple's financial outlook, focusing on ASP trends and market expectations. It highlights Apple's conservative guidance despite Samsung's issues, and discusses Tim Cook's interest in television and potential acquisitions. The conversation also touches on Apple's cautious approach to entering new markets and its openness to sizable acquisitions.

What are Apple's ambitions in the television space as discussed in the call?

What was Tim Cook's stance on acquisitions during the conference call?