Apple's Tim Cook got big pay bump in 2018: Filing

Apple has a big new product coming this year - but it might not be what you expect

Apple has a big new product coming this year - but it might not be what you expect

"We achieved net sales of United States dollars 265.6 billion and operating income of USD 70.9 billion, each representing a year-over-year increase of 16 per cent, and exceeding the 2018 maximum annual cash incentive program goals for both of those performance measures", the document said.

Apple boss Tim Cook has revealed that the iPhone maker will launch new services later this year. However, the company is looking forward to 2019 as a positive year and is also working on introducing new services.

"In this last quarter, if you take everything outside of iPhone, it grew at 19 percent, 19 percent on a huge business", Cook said on "Mad Money".

Apple executives have said in the past that the company's goal is to hit $US50 billion in services revenue by 2021. The world relies on a "strong US and China for the world economy to be strong".

Analysts at Wedbush believe trade tensions between the U.S. and China have not helped demand for Apple's latest iPhone XS/XR products in the Asian nation. Therefore, the Apple community is so loyal, along with the innovative spirit of the team, was the organization most important to you. "And so when I look at the long-term health of the company, it has never been better". The ecosystem has never been stronger.

A Qualcomm spokesperson responded to the comments in a statement: "We have been consistent for the last 18 months in making clear that we have, at various times, been in discussions with Apple about a possible resolution to our licensing dispute".

Cook also addressed criticisms that the iPhone XR was a flop, calling it "baloney". Apple slipped to the ranking of the most valuable companies in the world. -China trade negotiations closed. And we're just at the front end of this. Cook is happy to hear that, finally, Apple wants to make its customers first and foremost, happy sales.

The interview helped lift Apple shares by 2.2 per cent to US$151.19 in afternoon trading. (NASDAQ: QCOM), which operates unlawfully by charging "exorbitant" prices.