Thursday, 24 January, 2019

Apple CEO Tim Cook On China, Wall Street And Innovation

Apple Interview Mad Money Apple has a big new product coming this year - but it might not be what you expect
Celia Hoffman | 10 January, 2019, 06:08

Long the biggest company by market capitalization, Apple is now fourth behind Amazon, Microsoft and Google parent Alphabet.

In a recent CNBC interview, Apple CEO Tim Cook shed some light on the company's plans for 2019.

Cook refused to go into details. There will more things coming.

"I'm never surprised by the market, to be honest with you, because I think the market is quite emotional in the short term". (.) I'm not gonna forecast precisely, the ramps and so forth.

Despite a year which saw a big chunk of the company's value wiped, Apple decided that such visionary management was worth a hefty 22 percent pay raise in 2018, bringing Cook's total compensation for the year to nearly $15.7 million.

More news: Did The Sopranos Kill Tony Soprano in the Series Finale?

"If you zoom out into the future, and you look back, and you ask the question: 'What was Apple's greatest contribution to mankind?', it will be about health", he said. "We're democratizing it. We're taking what has been with the institutions and empowering the individual to manage their health".

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 U.S. on import fees and the battery replacement program for the iPhone.

As if this didn't make the new year troubling enough for Apple, the company also had to remove the iPhone 7 and the iPhone 8 out of German stores after Qualcomm posted $1.5B (€1.34B) in security bonds to enforce a court decision which imposed a preliminary injunction on the two phone models. On a trailing basis (.) the revenue from wearables is already 50 percent more than iPod on its peak. Counting the total revenue brought in since the products were launched, the Watch and AirPods have generated 4-6 times as much as the iPod.

Check out the entire interview in the video, above.

Recommended

  • Audi's virtual reality experience moves with the auto

    Audi's virtual reality experience moves with the auto

    Audi has always followed its tagline "Vorsprung Durch Technik" which in English translates to "Improving Through Technology". Then, if the e-tron accelerates, the ship replicates that motion as well - and so on.
    Theresa May brings ailing Brexit deal back to Parliament

    Theresa May brings ailing Brexit deal back to Parliament

    So at that point MPs could - at last, some would say - vote on what form of Brexit or no-Brexit (via a referendum ) they would support.
    CES 2019: Lenovo’s Yoga A940’s desktop reminds of Microsoft’s Surface Studio

    CES 2019: Lenovo’s Yoga A940’s desktop reminds of Microsoft’s Surface Studio

    First off is the new Yoga S940, which is an incredibly slim and light laptop with Contour Glass that wraps around the display . The device features JBL Speakers and Dolby Atmos for headphones, as well as far-field microphones for Cortana and Alexa.
  • IRS Will Pay Tax Refunds in Shutdown After All

    IRS Will Pay Tax Refunds in Shutdown After All

    Those who need the refunds the most are also usually among the first to file during the January to April tax season. Herron says despite the shutdown , automated payments will continue and taxpayers can also mail payments.
    Packers' LaFleur excited to work with Rodgers

    Packers' LaFleur excited to work with Rodgers

    NFL Network's Ian Rapoport says the Packers "moved quickly on LaFleur" rather than take the time for a second round of interviews. LaFleur takes over for Mike McCarthy, who was sacked during the season following a stunning home loss to Arizona on December 2.
    Mystery repeating energy bursts in deep space 'could be aliens'

    Mystery repeating energy bursts in deep space 'could be aliens'

    Astronomers have revealed details of mysterious signals emanating from a distant galaxy, picked up by a telescope in Canada . The FRBs were detected first by accident in 2007 as a burst signal in radio astronomy data collected in 2001 was spotted.
  • Jimmy Kimmel Gives Federal Workers a Job During Government Shutdown

    Jimmy Kimmel Gives Federal Workers a Job During Government Shutdown

    Democratic leaders Nancy Pelosi and Chuck Schumer released a joint statement on Monday evening calling for equal air time. That sets a precedent that may be tough for them to back away from in future events, he said.
    $650 DJI Smart Controller announced for DJI drones with OcuSync 2.0

    $650 DJI Smart Controller announced for DJI drones with OcuSync 2.0

    The Smart Controller aims to replace a regular controller, smartphone/tablet, cable, and sunshade with an integrated solution. DJI GO-Share lets pilots quickly transfer photos and videos from the Controller to smartphones and tablets.
    US Says China Willing to Buy More American as Trade Talks End

    US Says China Willing to Buy More American as Trade Talks End

    Chinese foreign ministry spokesman Lu Kang said a one-day extension in talks showed both sides are serious about the negotiations. Trade Representative Robert Lighthizer also said it wants any deal to include "ongoing verification and effective enforcement".
  • Warriors ask National Basketball Association  to investigate Cavs' signing, release of Patrick McCaw

    Warriors ask National Basketball Association to investigate Cavs' signing, release of Patrick McCaw

    Fast facts: who is Patrick McCaw? The move will increase Toronto's luxury tax bill by $2.56 million, ESPN's Bobby Marks added . McCaw couldn't have signed for these terms while a restricted free agent, as an offer sheet must be for at least two seasons.
    Larry Ellison discloses $1B stake in Tesla

    Larry Ellison discloses $1B stake in Tesla

    Ellison is worth just shy of $60 billion and according to Tesla's filing his personal investment now stands at a billion dollars. Tesla shares were trading 0.9 percent higher at $338 million in the pre-market in NY , giving a market value of $58 billion.
    Grizzlies won't include pick in Parsons deal

    Grizzlies won't include pick in Parsons deal

    Parsons has been limited to 73 games, primarily because of knee problems, since signing with the Grizzlies in the summer of 2016. Based on discussions with the Memphis medical staff, Parsons expected to return for a road game in Sacramento that day.

Ranveer Singh And Ranbir Kapoor Are 'Special' To Me, Says Alia Bhatt Ranveer Singh And Ranbir Kapoor Are 'Special' To Me, Says Alia Bhatt The film celebrates the journey of a boy of Mumbai streets as he goes on to become one of India's most notable rappers. Kalki Koechlin also plays a significant role in the film. "This is my film and I think only I could have done it".

BMW 7 Series Facelift Reveals Its Front Facade In A Leaked Image BMW 7 Series Facelift Reveals Its Front Facade In A Leaked Image Well it looks like the facelift 7 Series will also get a similar-looking design when it's officially unveiled to the public. The sixth generation, codenamed G11/G12, of the flagship sedan launched in 2015 and is due for a mid-cycle refresh.

Google's and Lenovo’s Smart Clock makes your morning alarm less terrible Google's and Lenovo’s Smart Clock makes your morning alarm less terrible Well, Lenovo is aiming to bring them back from the dead! Lenovo has also offered some exciting customizable clock faces. Unfortunately, it's powered via a non-USB cable, making you reliant on their in-the-box cable for getting it powered.

The demonic Bird Box monster is revealed in behind-the-scenes photos The demonic Bird Box monster is revealed in behind-the-scenes photos The Fuel Masters also had ropes on their ankles that were tied to each other as tried to walk together with their blindfolds on. The whole point of the movie is you can't look at the monsters, which is why Bullock wears a blindfold throughout the film.

Adam Gase to Become New York Jets' Head Coach Adam Gase to Become New York Jets' Head Coach Gase will replace Todd Bowles, who was sacked by the Jets after four seasons following the end of the 2018 season. This came on the same day as former Jets coach Todd Bowles was hired as Tampa Bay's defensive coordinator.

New coach trusted by Timberwolves New coach trusted by Timberwolves Taylor has made clear that he expects results this season, but I thought Thibs would get the entire year to show them. While Saunders will serve as the interim coach of the team, it is highly-likely that he will be replaced soon.

R. Kelly Under Investigation in Georgia Following New Documentary's Abuse Allegations R. Kelly Under Investigation in Georgia Following New Documentary's Abuse Allegations "There is nothing that can be done to investigate these allegations without the cooperation of both victims and witnesses". Kelly's former manager, after he allegedly threatened the father of one of Kelly's alleged victims, Joycelyn Savage.

Jerry Jones buys 109-meter superyacht Jerry Jones buys 109-meter superyacht At the time, the 290-foot yacht, named Nirvana , was up for sale with a price tag of about $300 million. The yacht was constructed by Dutch company Oceanco and engineered by Lateral Naval Architects.

Adidas Debuts 2019 NHL All-Star Jerseys Made From Parley Ocean Plastic Adidas Debuts 2019 NHL All-Star Jerseys Made From Parley Ocean Plastic The jerseys, created by adidas in conjunction with Parley Ocean Plastic, are made with re-purposed plastic debris from the ocean. But rather than have an abundance of colors out on the ice, the league paired up with Adidas to make colorless jerseys.

Bullard Warns of a U.S. Recession If Fed Keeps Raising Rates Bullard Warns of a U.S. Recession If Fed Keeps Raising Rates The S&P 500 index of USA stocks has fallen 12 percent since a September peak. The president of the Federal Reserve Bank of St.

The PS4 Has Now Passed 91.6 Million Units Sold The PS4 Has Now Passed 91.6 Million Units Sold And there's more in the works with the likes of The Last of Us 2 and Days Gone potentially set to make an appearance this year. PlayStation hardware in general is believed to have sold some 5.6 million units throughout the winter season.

The Division 2 will not launch on Steam The Division 2 will not launch on Steam Ubisoft and Epic Games announced today The Division 2 will be released exclusively for PC through the Epic Games Store and Uplay. In addition, the publisher revealed they will "also partner on additional select titles to be announced during the coming year".

Golden Globe TV audience slightly lower, but bucks awards show trend Golden Globe TV audience slightly lower, but bucks awards show trend The stars may have come out to shine on the Golden Globes red carpet today, but an unlikely contender has stolen the show. Focus Features, which is owned by Comcast, 1960s roadtrip movie Green Book was named best comedy movie.

Yoshi’s Crafted World and Kirby’s Extra Epic Yarn release dates revealed Yoshi’s Crafted World and Kirby’s Extra Epic Yarn release dates revealed People will be able to find Yoshi's Crafted World on the Nintendo Switch on March 29 , 2019. The other notable feature for Kirby's Extra Epic Yarn is a range of new Ravel Abilities.

New Mercedes-Benz CLA Coupe Unveiled, Expected In India In 2019-20 New Mercedes-Benz CLA Coupe Unveiled, Expected In India In 2019-20 The CLA has the youngest average customers of all Mercedes models, so the firm has focused on a high-tech theme for the interior. The dashboard features a centrally mounted touchscreen and no cowl, with a "trench" splitting out the lower section.