According to CNBC, Apple CEO Tim Cook today sat down for an interview on the “Mad Money” show with Jim Cramer to talk about Apple. In the discussion, he expressed his views on Apple’s recent adjustments to the 2019 Q1 revenue forecast, iPhone XR and wearable sales, and the future outcome of the company itself, while he also claims that Apple has contributed a lot to health-related.
Regarding Apple’s Q1 19 earning outlook, Cook thinks that Apple’s ecosystem and services may be “underappreciated” by the experts. However, he was not frightened by the decline in Apple’s share price following he sent the investor letter, since the market is “quite emotional in the short term,” and that they are only focused on longer-term culmination.
“I’m not defensive on it. This is America and you can say what you want,” Cook continued. “But … 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.”
Then the Apple CEO admits that the iPhone XR has been the best-selling model ever since it got released, but he would like to sell more than that and is in the process of working on it. Meanwhile, Cook praising that revenue from Apple’s wearables business has “already more than 50% more than iPod was at its peak”, and mentioning that Apple’s greatest contribution to mankind” is in health, with he receive emails from the customers about how Apple products changed their lives.