Apple's Wearables Business Revenue Is Fortune 300-Class Company Says Tim Cook

Tim Cook chief executive officer of Apple said he was not a fan of special dividends

Cook also said in the Q&A with shareholders that its wearables division which includes Apple Watch and AirPod headphones, was approaching the size of a Fortune 300 company. Nonetheless, the chief exec said that he still hoped "to be alive to see the elimination of money".

The sweeping tax reforms passed by Congress in late December included a provision lowering the rate on companies' overseas cash to 15.5 percent, below the 21 percent paid on profits made in the U.S. Before those changes, corporate profits held outside the U.S. were taxed at a 35 percent rate when brought back into the country - a levy that prompted Apple and other major tech companies such as Microsoft and Google's corporate parent, Alphabet Inc., to amass huge sums of money in overseas accounts.

Apple also added a new feature with a recent iOS update that lets iPhone users send cash to each other via iMessage.

Tiffany Haddish Says Beyonce Gracefully Checked A Woman Over JAY-Z
While Tiff didn't name names as to who the actress was that tried to make a move on Beyonce's man, she did hint that we'll eventually find out.

Off-duty Chicago Police Officer killed
This afternoon, a CPD commander was shot while assisting fellow officers", Johnson wrote in an email to members of the department. It wasn't immediately clear if the shooting occurred inside or outside the building. "Keep the family in your prayers.

France to strike Syria if chemical weapon use is proved, Macron says
Macron said he has not seen evidence of such use, but that " France will strike" if any is discovered. They say an air strike hit a rebel depot full of chemical munitions.

"After they've paid their taxes and repatriation, Apple will have somewhere around $230 billion in cash". Nonetheless Cook gave shareholders an indication of which direction the Watch's trajectory is going in. Most recently, and thanks to the Apple Watch Series 3, cumulative Apple Watch sales have exploded in recent months. Again, without any sort of underlying knowledge of just how many watches Apple sold at any point it's hard to extrapolate something solid from that.

At the time, Cook wasn't expressing a belief in the transience of all material things, but addressing the company's mobile payment solution, Apple Pay, which has "an extraordinary future ahead of it", according to Cook. It's now looking for more, Cook revealed, though didn't go into any detail as to what gaps in Apple's talents it might be looking to fill in the process.



Latest news

Qualcomm's X24 Modem can Reach Speeds of 2 Gbps
That's a lot of jargon, but here's the key takeaway: the X24 can sustain high peak download speeds even on congested networks. OnePlus has partnered with Qualcomm to launch a 5G device in 2019 by making use of their Snapdragon X50 5G NR modem family.

Kluivert talks up potential Premier League transfer
Kluivert is in his first full season with Ajax and has already scored six goals in 19 league appearances for Erik ten Hag's side. Kluivert insists he would also be keen follow in his father's footsteps and sign for Barcelona.

Secret Talks to Discuss Aftermath of Queen's Death
The agenda for today's meeting in London involves "wider governance considerations" - code for the succession discussion, according to the BBC .

Meghan Markle shines bright in Birks diamonds during Scotland visit
The couple rounded off their visit by attending a reception at the Palace of Holyroodhouse to celebrate youth achievements . Meanwhile, Prince Harry kept things simple in a dark gray coat of his own over a white shirt and navy sweater.

Foreign aid helps create U.S. jobs, makes Americans more secure: Bill Gates
The question is how best to do it. "It's always been important to us that we are equal partners in our foundation's work". Bill Gates said they've been looking at how they might expand their work in the U.S. beyond education, such as its U.S.

Climber dies after fall on Mount Hood; witness saw him 'cartwheeling'
Meanwhile, a second group of four climbers got stranded on the exact same trail and were surrounded by falling ice and rock. He was then airlifted by the rescue team and immediately taken to Legacy Emanuel Medical Center in Portland.

Porto boss Conceicao congratulates Carvalhal but still wary of Liverpool threat
Until they can consistently keep clean sheets and grind out wins, the Reds may struggle to compete at the very top. Porto scored more goals from set-pieces (8) than any other team in this season's Champions League group stages.

Israel warns Assad: Do not allow Iran to attack Israel from Syria
During the attack, several anti-aircraft missiles were launched at Israeli fighter jets and sirens sounded in northern Israel. In response, Israel carried out airstrikes in Syria , including against what it described as Iranian targets.

Flying leadership transfer inside Germany's SPD meets with resistance
Handing over the leadership of the SPD may not be as simple as many in the party would like as resistance to Nahles is growing. Mr Schulz, formerly European Parliament President, has said he will not serve as foreign minister.

Assange stalemate drags on as judge rules arrest warrant stands
In August 2012, the CPS emailed Swedish prosecutor Marianne Ny about an article that suggested Sweden may drop the case . He has argued that he feared extradition to the U.S. and that the end game was to see him punished for WikiLeaks' work.

Steve Kerr allows Warriors players to coach themselves in win over Suns
The Suns will not play the Warriors again until March 17 in the second of four meetings between the teams this season. I thought about a play and then I forgot the second option and had two guys in the wrong place on the board.

Trump hamstrings US NAFTA team, says Canada's chief negotiator
Speaking at the same meeting on trade with Lighthizer and the lawmakers, Trump also struck out at Canada over trade. Canada's chief NAFTA negotiator Steve Verheul, centre, during NAFTA negotiations in Montreal on January 25.

Choose love this Valentine's Day
For people who are going through a breakup , natural feelings of sadness and loneliness can be magnified on Valentine's Day . What makes special days like Valentine's truly special is the thoughtful, tangible things that you give your man.

Prince Henrik of Denmark, Danish queen's husband, dies aged 83
Prince Henrik of Denmark attends a Gala Dinner for Iceland's President at Amalienbog Castle in Copenhagen, Denmark, Jan. 24, 2017. The Danish royal family has no political authority, but is one of the world's oldest kingdoms and prides itself on stability.

LeBron James to Use "NBA 2K" to Try Out New Cavs Roster
Pacers 121, Knicks 113: Victor Oladipo had 30 points, nine assists and eight rebounds to help IN beat NY IN Indianapolis. Isaiah Thomas was the star of the Boston Celtics before he was traded to the Cavaliers last offseason for Kyrie Irving .

Other news