Along with making announcements regarding its quarterly performance, Apple also uses its financial earnings calls to offer analysts a chance to ask questions. After all, these are the folks that have to essentially guess how Apple will fair over the next few months.

On today’s call, there was one particular question that was both interesting and relevant: “In terms of flexibility in cash and providing more color, how should we think about opportunities regarding patent disputes? Any thoughts about settling vs ongoing litigation?

And here’s how Tim Cook responded…

“I’ve always hated litigation. We just want people to invent their own stuff. If we could get an arrangement where we can be assured that’s the case, and that a fair settlement on stuff that’s occurred, I would highly prefer to settle vs. battle.

The key think is that it’s very important that Apple not become the developer for the world. We need people to invent their own stuff.”

We’re already seeing proof of Cook’s willingness to settle. Apple is hoping to end its long patent war with Samsung in an upcoming mediation. And the talks should go well, considering that Samsung is now more interested in making large phones with styli rather than copying Apple’s latest hit.

[MacRumors]

  • I think Tim cook is a better CEO than Steve jobs was.

    • Your sir are an idiot Tim cook is no where near the visionary that Steve was Tim cook is a fill in but I guess we will have to wait and see how far the apple falls before we know how useless Tim cook is

      • I bet you don’t even read Steve’s biography before calling others an idiot. Not that we know Tim is a better CEO, nonetheless both Tim and Steve have different strength and personalities that qualify them to be the CEO of the leading company in the world.

        Tim Cook is always behind the scene especially in the area of sales operation. What is your contributions to apple? If Tim’s useless, think of yourself as a failure. Mirror yourself before naming others. People like you that are protected by internet anonymity never fails to troll.

      • Here’s your sign.

  • “…and that a fair settlement on stuff that’s occurred, I would highly prefer to settle vs. battle.”…

    I think what he is trying to say is; …we are willing to pay you if the price is right. If not, bring it on…we don’t care, we have gazillion of money…

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  • “We need people to invent their own stuff”
    sure saying that while apple violates the wifi patent of Motorola (just an example 😉 )