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Goldman Sachs tech conference to feature tech heavyweights including Tim Cook

BusinessNews
by Chloe Albanesius, 12 Feb 2013News
Goldman Sachs tech conference to feature tech heavyweights including Tim Cook

Apple CEO Tim Cook will make an early-morning appearance at a Goldman Sachs technology conference today.

Cook will speak at the Goldman Sachs Technology and Internet Conference starting at 7:15 PST (15:00 GMT). The event will be held at the Palace Hotel in San Francisco and will be for investors only, though Apple fans can tune in via webcast.

The Goldman Sachs Technology and Internet Conference has a number of tech giants lined up this year - from newly appointed Yahoo CEO Marissa Mayer, who will speak at 12:30 PST (20:30 GMT) today, to Microsoft chief financial officer Peter Klein, who will appear at 8:55 PST (16:55 GMT) on Wednesday 12 February. All sessions will be webcast for those not in attendance.

Tim Cook appeared at last year's Goldman Sachs conference, where he made a few headlines when discussing overseas labour, tablets outselling PCs, and how Apple was going to spend its billions, among other things.

The 2012 conference occurred as Apple was taking heat for the conditions at its overseas suppliers, namely Foxconn. Cook insisted that Apple cares about "every worker," one day after Apple asked the Fair Labor Association (FLA) to conduct audits of Apple's final assembly suppliers, including Foxconn.

As Fortune noted, Cook was originally supposed to appear at this year's conference at 16:15 EST - after the US stock market would be closed for the day. He will now speak shortly after the market opens, but it's not clear what prompted the schedule change. Apple's stock has had a rather rough ride in recent months, currently sitting at $481 (£307) with a market cap of $451.42 billion (£288 billion) - down from an August high of $662 (£423) for a market cap of about $620 billion (£396 billion). 

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