Sagelike Tim Cook Dreams Of Seeing Money Die

Appleā€™s wearable business is thriving

At the Apple (AAPL +0.9%) annual meeting now in the books, CEO Tim Cook was dismissive of a suggestion that the company use repatriation to get shareholders a special dividend.

Shares of Apple were up 0.1 percent at $162.84.

But, for the first time in Apple's history, the company has had to put a notice on its investor website, explaining "while we appreciate shareholders' interest in attending the meeting, registration has reached capacity and we are not able to accommodate additional requests".

"I don't think it helps the company and probably doesn't help long shareholders either". The CEO said he's "not a fan" of special dividends but said the company's board remains "committed" to annual dividend increases. Spotify, the music streaming pioneer that Apple is trying to upstage, has more than 70 million subscribers.

While Apple Pay has reportedly failed to catch on with the majority of iPhone owners - as humanity does not desperately require yet another way to pay for things - Cook nevertheless expressed his desires to surpass the lifespan of tree-based fiat money.

Bill Paxton's family blames surgeon, world-famous hospital for actor's 2017 death
The complaint added that Paxton suffered multiple complications and that Khoynezhad was not in the operating room at the time. The actor, born in Fort Worth, Texas, was starring in USA broadcaster CBS's Training Day series when he died.

The company's 175-acre corporate campus that hosted the shareholders' meeting eventually is expected to be used by around 12,000 company employees.

Apple has been coy on giving exact numbers about adoption of Apple Pay, though the service has regularly gained new features since it was launched in 2014. A further update in December 2017 enabled Apple Pay Cash payments to be made by Apple Watch.

Asked about diversity, Cook said half of Apple's hires past year were either female or underrepresented minorities. Currently, after-hours activity has the Apple stock a little lower.

"This was so bad for America", he said.

Related:

Comments

Latest news

Return of Westbrook and Carmelo not enough as Thunder fall to Cavs
The Thunder responded with an 8-0 run to get back into the game but the Cavaliers led 91-87 heading into the final quarter. It was Cleveland's second straight road win against top competition - the Cavaliers rolled past Boston 121-99 on Sunday.

Judge Dismisses Copyright Lawsuit Against Taylor Swift Over 'Shake It Off' Lyrics
At the time, a rep for the superstar said the complaint was nothing more than a ridiculous money grab. The phrase "haters gonna hate" is too "banal" to be copyrighted, a USA judge has declared.

Susan Rice Email Puts Obama in Crosshairs of Muellergate
The two released a letter with Rice's email and a long list of pointed questions about when it was written, why and so forth. It was paid for by 2016 Democratic candidate Hillary Clinton and the Democratic National Committee, which she controlled.

'Get Out' coming back to theaters for free Presidents' Day screenings
If you didn't see Get Out when it was in theaters, now you have a chance to right that wrong. To see the full list of participating theaters go on www.getoutoneyearlater.com .

Rally for Colten Boushie Calls for Changes to Canadian Justice System
Even before the tragedy Saskatchewan farmers said they were facing increased thefts and threats and began arming themselves. Within minutes, or rather within mere moments, the internet proceeded to basically explode and caused a great divide.

Middle East countries pledge billions for Iraq's post-IS reconstruction
Iraq , however, still needs far more donations - overall, Baghdad is seeking $88.2 billion in aid from donors. Germany pledged 500 million euros ($617 million) and the European Union 400 million euros ($494 million).

Police Working on Site at UK Parliament After Suspicious Package Found
Detectives from the Metropolitan's Counter Terrorism Command were investigating Tuesday's incident at the Houses of Parliament . A section of Parliament has been placed in lockdown after a "suspicious package" was found in a corridor.

Pereira: "Philly Special" Super Bowl TD should've been called penalty
I know what the league has said, but they would have been a lot more comfortable if they would have called an illegal formation. And since Foles was lined up in the backfield, the Patriots would have known he was an eligible receiver.

Millions of Android devices hijacked to mine Monero coin
The first one was registered in late November 2017, and new domains have been created since then, always with the same template. At least two of the sites had over 30 million visits per month, and the combined domains had about 800,000 visits per day.

Falklands under the cone of a partial solar eclipse on Thursday
The moon is expected to cover up to 40 percent of the sun in locations like Ushuaia, Argentina, according to National Geographic . The eclipse occurred when the Earth passed between the spacecraft and the sun, completely hiding the sun's view from the SDO.

Hindu refugees cleared for repatriation to Myanmar
They assured that the European Union and its parliament will continue to extend full support to Bangladesh to solve the crisis. The outflow of Rohingya people from Rakhine State continues, although at a lower rate, said Jenca.

Omarosa offered sex to Piers Morgan to win 'Celebrity Apprentice,' he says
The claim - "he thinks Jesus tells him to say things ..." Morgan said he told her she was "completely deluded". Unless you have been living under a rock, you will have heard the name Omarosa at some point.

'Missing' Whiteface Mountain Skier Found In California
Constantinos "Danny" Filippidis, 49, was last seen February 7 skiing with friends and family at Whiteface Mountain in upstate NY . He reportedly told police he had not been the victim of any crime.

Engine covering breaks off United Airlines flight 1175 mid-flight
Passenger Haley Ebert posted a video on Twitter that showed the plane shaking as it descended to land. The FAA said it would investigate the incident.

US Intelligence Agencies Warns Against Buying Huawei, ZTE Phones
USA lawmakers are now considering a bill that would ban government employees from using Huawei and ZTE phones altogether. Wray warned that such level of power will allow Chinese agencies to exert control over the US communications networks.

Other news