11:10 AM More from Tim Cook: He doesn't sound enthusiastic about selling a cheaper iPhone, asserting Apple (AAPL -0.9%) wouldn't release anything it doesn't consider a "great product." Asked about a bigger iPhone, Cook argues many features matter besides display size. But he didn't seem to rule one out either, stating Apple won't comment on future products rather than dismissing the concept. Cook's criticism of OLED brightness and color saturation has led Universal Display (PANL -4.9%) to spike lower. (live blog) Read comments
AAPL price at time of publication: $472.19. Check AAPL price now »
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