March 19, 2012 / 1:42 PM / 6 years ago

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Apple CEO says product innovation remains priority

SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Officer Tim Cook promised on Monday to periodically review the company’s dividend and share repurchase plans but his priority remains product innovation.

In a rare non-earnings teleconference, the CEO who replaced Steve Jobs after the iconic co-founder died in October told analysts the company had a “record” weekend for iPad sales, without elaborating.

Reporting by Poornima Gupta and Edwin Chan; Editing by Gerald E. McCormick

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