Apple CEO Tim Cook got 22% pay hike in 2018: Filing

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According to CEO Tim Cook, who appeared on CNBC's Mad Money on Monday, the company will announce new services this year. I don't want to tell you about what they are'. "I've heard it in 2001, I've heard it in 2005, in '7, in '8, in '10, in '12 and '13".

Tim Cook says Apple's product pipeline "has never been better". "(.) Also, if you take AirPods and the Watch separately, and you sort of back these up and align it to the launch date of iPod as well (.) you will find that each one independently is like four to six time ahead of where iPod was in a comparable amount of time", he said.

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"My honest opinion is that there is a culture of innovation in Apple and that culture of innovation combined with these incredible, loyal customers, happy customers, this ecosystem, this virtuous ecosystem, is something that is probably underappreciated", Mr Cook said. Its announcement that it now sees sales of $84 billion, well below the range of $89 billion to $94 billion that it forecast in November, sent company shares down almost 10 percent. "And so when I look at the long-term health of the company, it has never been better". After investors received the guidance on lower revenue for Q1 2019, Apple shares continued their downward slide, which has been pretty much nonstop since the company posted its Q4 2019 results. The ecosystem has never been stronger. Apple skims a juicy 30 per cent from these sales.

Cramer's full interview with Cook airs on CNBC tonight at 6 p.m.

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Cook says he expects the talks between China and the United States to come to a conclusion soon, meaning iPhone sales could once again go up in this particular market. "I'm very optimistic that this will happen".

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