Tim Cook, "do not want to be just for the rich"

Tim Cook, who temporarily assumed the post of Steve Jobs at Apple, has made some interesting statements this morning during an interview. Apparently, Apple is working on cheaper end products, since according to Cook, "we do not want to be just for the rich" and Apple "does not give any kind of market competition."

Later in the interview, he reaffirmed the fact that Apple is working to offer cheaper products, but has not specified which ones. Is he talking about the famous lower-cost iPhone?.

Source: 9to5Mac