Specifically, Mr. Cook wants to democratize the ways people access their health information, citing the company's work to integrate medical records into the iPhone as an example. But the company's approach to its upcoming streaming TV service has been different, as reports about the venture have been spreading for years.
Cook received a $12-million bonus for the year ended 29 September, the Cupertino, California-based company said on Tuesday in a filing.
However, Apple won't be introducing new hardware but a new "service" instead.
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". I believe they'll be material over time.
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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 announcement that the iPhone maker now sees sales of $84 billion, well below the range of $89 billion to $94 billion it had forecast in November, sent company shares down almost 10 percent. (.) I'm not gonna forecast precisely, the ramps and so forth. We are taking what has been with the institution and empowering the individual to manage their health.
Apple collected $100 billion in revenue from products and services that don't directly come from the iPhone, Cook said.
Apple may be best known for the iPhone, but it's spending over $1 billion per month on research and development to develop new products that could enable its customer base (and revenue) to grow once more. Just this Morning he had been to a lovely Moment in front of a year.