During the annual share meeting, Apple CEO, Tim Cook discussed about health, tax and decreased mobile payment.
Cook stated that the consumers are slower than expected to embrace in using their phones for paying goods and service at the cash register.
Apple CEO also mentions the booming wearable technology.
Health and Wearable Device
Apple watch is a perfect example of a health device, where people can track their health record. Now, apple wants to update it and let the watch track your medical records.
Other than health wearables Apple has AirPods, beat headphones.
Increasing the Dividends
Employees started moving to the headquarters in April. Apple’s headcount has hiked, since its early years, and it outgrew its older offices at 1 Infinite Loop, which held employees. Cook said earlier this year that Apple plans to open yet another campus in the US, though he hasn’t yet disclosed the location.
An investor asked Cook if Apple plans to issue a special dividend or possibly double its dividend given to investors. He said that he’s “not a fan” of special dividends but noted that Apple increases its dividend every year. He declined to specify the amount for this year.