Tim Cook: “Health Will Become Apple’s Biggest Contribution to Humanity”
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iPhone and iPod – for these products, the US company Apple is known. However, in order to succeed in the market, new products have to be designed again and again. For research and development of these makes the American company billions of dollars loose and sets for the future on so-called wearables such as the digital clock, the Apple Watch, and the AirPods. According to CEO Tim Cook , improving health is Apple’s biggest contribution to humanity. “We want to empower the individual to manage his own health,” he said in an interview with CNBC.
The new services will be ones that Apple has “been working on for multiple years,” Cook said. Apple has been investing in health and wellness in recent years as it capitalized on the success of its Watchand hired dozens of doctors to bolster its health technology segment.
With products like its electrocardiogram-equipped Apple Watch, the iPhone maker is bent on “democratizing” health care, Cook said.
“We are taking what has been with the institution and empowering the individual to manage their health. And we’re just at the front end of this,” he said. “But I do think, looking back, in the future, you will answer that question: Apple’s most important contribution to mankind has been in health.”
Apple shares climbed 1.91 percent Tuesday, settling at $150.75 a share. In the “Mad Money” interview, Cook also addressed the success of his company’s wearable products like the Watch and the AirPods.