Apple plans to launch new services

11 January, 2019, 08:57 | Author: Lillian Steele
  • Tim Cook earned more than $15 million in compensation in 2018.                  James Martin  CNET

To be included in the Services and Health sector, these new services would reportedly be of a big magnitude and could even be counted among one of the greatest contributions from Apple towards mankind.

Apple CEO Tim Cook told CNBC in an interview that the company is planning to expand its growing stable services this year along with some new additions.

While Cook got yet another salary hike in 2018 off the robust sales performance by Apple, this year might not be so favourable.

This was the second year in a row that Cook saw a hefty rise in his pay cheque. On a trailing basis (.) the revenue from wearables is already 50 percent more than iPod on its peak. The Apple CEO also said the Apple Watch and AirPods have sold between four and six times as many units as the iPod if you compare the numbers after a similar time period since the product's launch. Some believe that the iPhone maker will place its TV shows inside of the Apple Music app whereas others tend to stick to their belief that the company will release a dedicated video streaming service (app).

But those products and services aren't enough to be "Apple's greatest contribution to mankind", as Cook said.

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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 US news outlet CNBC.

Cook, who said some of the company's recent troubles in China were temporary, said a trade deal with Beijing was very possible, expressing optimism that a deal "will be good, not only for us, frankly, but I think more about the world in general". Cook says he's "heard this over and over again" and isn't anxious.

Cook gives the Interview in a time in which the exchanges respond emotionally to Apple and falling prices.

According to the Nikkei, the company has asked its suppliers to produce less of its iPhone XS, XS Max and XR models than originally planned.

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