Apple COO Tim Cook took the stage at the Goldman Sachs Technology and Internet Conference on Tuesday to talk about Apple, the iPad and even Apple TV.
Mr. Cook said that Apple's strategy when acquiring other companies is to look for technology and talent, which often leads them to smaller companies. Apple has considered buying larger companies, but "they haven't passed the strategic or financial test. Unless we find something that really makes sense for Apple shareholders, we're not going to do it," he said.
He added that Apple is ramping up its retail store openings, and hopes to launch close to 50 stores in 2010.
On the company's relationship with AT&T, Mr. Cook said that Apple is happy with its exclusive carrier agreement for the iPhone. By limiting the iPhone to a single carrier in the U.S., Apple is able to more easily develop new iPhone features that would be difficult for multiple carriers to offer -- and he pointed out that in five of the top ten iPhone markets, Apple is working with single carrier deals.
The iPad, Apple's multimedia tablet and ebook reader, is set to launch some time in March, and Mr. Cook said the user experience "is absolutely incredible."
He doesn't expect the iPad will eat into sales of other Apple products, and he sees it as a tool to draw sales away from netbooks because it offers more than a low price tag.
Apple's own retail stores won't be the only place customers can buy an iPad. It will initially be available through Best Buy locations, too, and the company could sign distribution deals through other channels over time.
Despite Apple's strong forward movement with its product lineup, the Apple TV is still relegated to hobby status. Mr. Cook reiterated what Steve Jobs has said in the past about the company's stance on the home entertainment appliance, but added "We're continuing to invest in it because our gut tells us there's something there."
A video of Mr. Cooks talk at the Goldman Sachs Technology and Internet Conference is available in QuickTime format at the Apple Web site.

Jeff Gamet
11” MacBook Air 1.6GHz dual-core Intel Core i5: $829.00 Delivered
Samsung S22B300B 21.5” LED Backlit LCD Monitor: $129.99 Delivered
Canon imageCLASS Monochrome Multifunction Laser Printer: $129.99 Delivered

So, Mr. Cook, how do you avoid corporate hubris?
...we are the most focused company that I know of, or have read of, or have any knowledge of. We say no to good ideas every day; we say no to great ideas in order to keep the amount of things we focus on very small in number, so that we can put enormous energy behind the ones we do choose, so that we can deliver the best products in the world.
Like they say “no” to a $500 convertible netbook mult-touch tablet with very realistic 6 hour battery life running Mac OS X. I picked up an ASUS Eee PC t91MT this week and am going to make a case for ordering 20 for the kids’ books project. Best part of all is that it already runs our software, already has access to thousands of culturally and age appropriate ebooks, and needs no approval from ASUS or Microsoft. Tweaking the reader portion of the software to take advantage of what a multi-touch capable screen gives us was a two day project. It’s a shame the kids will never see that kind of interaction on an Apple labeled machine.