Apple's greatest contribution to mankind will be health, says Tim Cook

Apple company logos are reflected on the glass window outside an Apple store in Shanghai China

According to a report in Deadline, there was a modest pay increase in Cook's salary as Apple became the first American company to hit the $1-trillion mark last year, before losing substantial market cap on poor iPhone sale predictions in the later part of the year.

Apple on Wednesday said it stood by Cook's comments.

"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.

Qualcomm claimed victory over Apple in two patent court cases in China and Germany late a year ago.

Apple Inc hiked the salary of its chief executive Tim Cook by 22 per cent during the past year, resulting in his remuneration for 2018 reaching nearly $15.7 million, a filing submitted to the US Securities and Exchange Commission showed. That is the truth.

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But they think the primary driver of Apple's demand doldrums come down to a "mispriced smartphone with XR as the culprit in China and elongated upgrade activity within its installed base a clear headwind".

Cook's comments contrasted with those Mollenkopf made in November on CNBC. Qualcomm told Reuters today that it stands by remarks made by Mollenkopf in November, in which he said they were "on the doorstep of finding a resolution".

After topping US$1 trillion in market value, Apple now has a market capitalization of around US$715 billion. "We have also stated clearly on several occasions that we believe it will be resolved, one way or the other, in the near future, either through a settlement or court decisions".

It would be the second time Apple has cut iPhone in the last two months if the report is accurate.

"Qualcomm is desperate to obfuscate the tales it has been telling its investors. Their accusations are a red herring". With Disney and other major companies entering the video streaming business, if Apple wants to take a good piece of the pie, then the streaming service has to be on multiple platforms.

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