Tim Cook wants Apple's greatest contribution to mankind to be in healthcare

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Tim Cook wants Apple's greatest contribution to mankind to be in healthcare

According to CEO Tim Cook, who appeared on CNBC's Mad Money on Monday, the company will announce new services this year.

Cook told Cramer that the new services are those that Apple has been "working on for multiple years".

After topping US$1 trillion in market value, Apple now has a market capitalization of around US$715 billion.

"We are taking what has been with the institution and empowering the individual to manage their health". Munster said if the promotion were to end, Cook would have "avoided the topic" in the interview.

"On the healthcare, in particular, and sorta your well-being, this is an area that I believe, 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".

"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. "This is far, far, far down my list".

The trade agreement between US and China "needs to be updated" and Cook is "very optimistic" an agreement can be made.

People walk by a video display promoting 5G connectivity at the Qualcomm booth during the 2019 CES in Las Vegas, Nevada, US January 8, 2019.

On Tuesday, Apple CEO hinted again in an interview with CNBC that he thinks Apple's biggest long-term project is to break into consumer health. "This is, in our view, illegal".

"And then secondly, they have an obligation to offer their patent portfolio on a fair, reasonable, and nondiscriminatory basis". He said that they had held no such discussions since the third quarter calendar quarter of 2018. Even new TVs from Samsung will also support iTunes. It added: "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".

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