By Dan Moren
October 31, 2025 12:30 PM PT
The Back Page: Questions & no answers

Four times a year, Tim Cook gets powered up to talk to financial analysts about the Apple’s quarterly results. It’s a rare opportunity to get some insight into the company’s business and operations, and those analysts always make the most of it, whether it’s asking about headwinds or congratulating the executives on all the money they’ve made.
But what you may not know is that there’s more than what you hear on the public conference call. Apple Quarterly Financials+ subscribers gets a whole additional opportunity to ask Tim questions and have him answer for their ears only. (I wonder where they got that idea).
We here at Six Colors have obtained access to the most recent quarter’s private call and are providing a full transcript as just one of the many features we offer to our subscribers. So without further ado, here’s what happened after the public call drew to a close.…