Tim Cook teases ‘new services’ from Apple this year

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

CNBC shared some of the major points earlier today, but one of the more interesting parts that came out of the full interview was Cook's stance on how the iPhone XR - the company's other iPhone it launched late past year alongside the iPhone XS and XS Max - is faring out there in the market.

And despite the iPhone clearly declining, Apple CEO Tim Cook says there's no reason to worry, explaining that those who criticize the company do the same thing every once in a while.

"They're things that we feel really great about, that we've been working on for multiple years". "We are taking what has been with the institutions and empowering the individual to manage their health".

"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".

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In his interview with Cramer, Cook said trade tensions between China and the USA created the sharp downturn, but he said he believes the situation is temporary.

The interview came in the wake of Apple's recent revenue miss. Apple's chief on Tuesday said any talks ended in September 2018. "This is far, far, far down my list".

In his letter to investors, Cook blamed much of the shortfall on China, where the company underestimated a decelerating economy. The primary case between the two, in which Apple has accused Qualcomm of engaging in illegal patent activity to maintain market dominance, is due to go to trial in April. He also appeared to suggest that Qualcomm had paid someone to write fake news and then promoted it.

However, Cook didn't reveal any specifics and left space for speculation but if the leaked reports are to be taken into consideration, he's definitely talking about the TV services. The chipmaker issued a statement that said the comers were "misleading and appear to be a deliberately timed attempt to tarnish our company's reputation".

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