Apple's Most Important Contribution to Mankind Will Be in Health: Tim Cook

  • Apple's Most Important Contribution to Mankind Will Be in Health: Tim Cook

Apple's Most Important Contribution to Mankind Will Be in Health: Tim Cook

"But I do think, looking back, in the future, you will answer that question, Apple's most-important contribution to mankind has been in health".

Tim Cook says Apple's product pipeline "has never been better".

In 2018, iPhone maker Apple gave its chief executive Tim Cook a substantial pay raise of more than 20 percent, bringing his total compensation for the year to nearly $15.7 million, a new filing submitted to the SEC reveals. This number is up 19% from the previous year and Cook wants to continue to see that number grow. He stated that current revenue from wearables is 50% more than the iPod at its peak.

Cook goes on to explain that the Apple ecosystem is "probably underappreciated" and adds there's no reason to be concerned because in the long term not much is going to change for the company.

Cook also highlighted the importance that Apple's services such as iTunes, the App Store, and Apple Music will have in 2019. One major area for these new products and services will be in personal health.

Apple's Most Important Contribution to Mankind Will Be in Health: Tim Cook

Cook is optimistic on trade relations and believes US-China regulations will be updated to reflected a more global economic landscape.

Apple earlier this month adjusted its earnings guidance, explaining that sales are expected to decline due to two different factors, namely the growing tension between China and the United States on import fees and the battery replacement program for the iPhone. Investors don't expect Apple to keep posting record-breaking iPhone sales figures every quarter.

"It's in both countries' best interests to come to an agreement", Cook said.

On top of it all, last month Apple was also ordered by the Fuzhou Intermediate People's Court to stop selling and importing all iPhone models from the 6s to the X in China after concluding that Cupertino was infringing on two Qualcomm patents.