Apple CEO cites manufacturing challenges, economy in WSJ interview

In an interview with the Wall Street Journal, Apple CEO Tim Cook said that in addition to manufacturing challenges in China, the economic climate also played a role in the company’s fiscal Q1 results. "We estimated that we would have grown on the iPhone absent the supply constraints," Cook said in an interview. "The macroeconomic situation is more difficult to estimate, but it’s apparent from looking at the numbers that wind was in our face for the quarter." Foreign exchange rates were also a challenge for the company, Cook told the Journal’s Aaron Tilley.