Apple CEO Tim Cook was interviewed on CNBC recently, speaking about the iPhone XR and Apple’s wearable business, including the company’s focus on healthcare with the Apple Watch. The CEO also took the opportunity to talk about new services that are in the pipeline.
The interview, carried out by Jim Cramer for Mad Money, saw the CEO asked about Apple’s plans to improve its already growing Services business. Cook predictably would’t talk about anything specially, but he did say that Apple was going to be offering new services during the next year.
On services, you will see us announce new services this year. There will more things coming. I don’t wanna tell you about what they are and I’m not gonna forecast precisely, the ramps and so forth. But they’re things that we feel really great about, that we’ve been working on for multiple years.
There are two potential services that Cook could have been talking about during the interview. A news subscription service based on the Texture magazine service that it bought last year, is said to be on the way, potentially alongside another more high-profile service – video streaming.
Apple has been working to get a video streaming service off the ground for years, and with many content deals tied up and production underway, it’s anticipated that 2019 is the year we will finally see what Apple has been working on.
Cool also spoke about Apple’s current interest in the world of healthcare, saying that he expects health initiatives to be Apple’s “greatest contribution to mankind.
On healthcare in particular and your wellbeing, 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.
(Source: CNBC)
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