Tim Cook got big pay bump in 2018

11 January, 2019, 08:59 | Author: Sherman Richardson
  • Tim Cook got big pay bump in 2018

Apple CEO Tim Cook said Tuesday that a strong U.S.

Big quote: "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", Cook said.

The primary case in Apple and Qualcomm's legal battle goes to trial in April.

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

Mr Cook highlighted Apple's move into healthcare as a particular area he is proud of, describing it as the firm's "most-important contribution to mankind". "Because our business has always been about enriching people's lives", Cook said. CNBC shared some of the major points earlier today, but one of the more interesting parts that came out of the full interview was Cook's stance on how the iPhone XR - the company's other iPhone it launched late a year ago alongside the iPhone XS and XS Max - is faring out there in the market. He stated that with products like the Apple Watch, ResaearchKit and CareKit Apple was "democratizing" healthcare.

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It is in "the best interests" of both the United States and China to reach an agreement over their trade dispute, Cook said in an interview with USA news outlet CNBC.

But it's clear that health, and its challenges therein, get Cook excited. If Apple secured even a small fraction of that spending, that could still be a potentially huge new revenue stream for the company. Apple slipped to the ranking of the most valuable companies in the world.

According to a report in Deadline, there was a modest pay increase in Cook's salary as Apple became the first American company to hit the $1-trillion mark last year, before losing substantial market cap on poor iPhone sale predictions in the later part of the year.

Apple has also slowly brought its Apple Watch device into the medical world. Recently, the company added ECG feature to its Apple Watch Series 4, paving way for preventive heart care. Cook predictably would't talk about anything specially, but he did say that Apple was going to be offering new services during the next year.

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