The reforms being examined centre around the booking of profits by multinational firms in low-tax countries such as Ireland where they have bases - and where Cook was speaking on Monday - rather than where most of their customers are.
Tim Cook was in conversation with Co-CEO of Salesforce Marc Benioff where he explained what he did with Android phones.
Apple last week removed from its app store an app that helped Hong Kong protesters track police movements after a Chinese state newspaper sharply criticised it for allowing the software. The company said the app, HKmap.live, was used to target the police.
The iPhone 11, launched on September 10 for $50 less than last year's base XR model, was met with a limp response from social media users in Asian markets that are dominated by Huawei Technologies and Samsung Electronics.
The move is seen as an effort to increase their presence in the world’s fastest growing smartphone market.
Cook, during the fiscal year 2019 second quarter earnings conference call April 30, said that while India is a very important market in the long-term it is also a very challenging market in the short-term.
The Apple CEO said his Apple Screen Time reports pushed him to reduce his phone usage
From entertainment to news to financial services, Apple goes for all. But, it has nothing for India right now.
Cook responded to the funny side of the situation by changing his Twitter name to "Tim Apple" on March 7, with the Apple an emoji of his company's logo.
The full extent of the slump in iPhone sales was not clear because Apple for the first time stopped reporting unit sales for its iconic smartphones.
Cook, writing in Time magazine, offered his view as the US Congress was set to consider tougher enforcement of privacy and data protection for online platforms.
With the company opening up its services to non-Apple devices, the charm of Apple is diminishing fast, and it is upsetting its loyal users.
In an interview with CNBC, Tim Cook said there have not been any discussions to settle a licensing dispute between the companies.
The figure comprised a base salary of USD 3 million, a USD 12 million bonus and USD 680,000 in what it called "other compensation" that includes private air travel and security expenses.
The news sent Apple shares tumbling in after-hours trade and triggered a broader selloff in the stock market.
'I think the Congress and the administration at some point will pass something.' Cook has previously been a proponent of self-regulation, especially as concerns user data protection.
Cook was responding to a question on whether Apple is at a disadvantage in India, as compared to other markets, in terms of ability to own stores and manufacture its products.
Cook called privacy as one of the most important issues of this century, and maintained that the US-based technology colossus even safeguards data Chinese law requires it to keep stored in that country.
"The phone has replaced your digital camera. You don't have a separate one anymore. It's replaced your video camera, music player. It's replaced all of these different devices," Cook said.
According to a media report, Apple removed the entire library of Infowars podcasts from its iTunes and podcast apps saying the content 'violated its hate speech guidelines'
The US imposed a tariff on steel and aluminum and other tariffs totalling about USD 50 billion of goods from China.
The investment from the iPhone maker, which will be made along with 10 suppliers including Pegatron Corp and Wistron Corp over a four-year period, also comes as the United States and China lock horns over trade.
Cook outlined his views on when CEOs should protest government policies during a Monday evening appearance at a business conference hosted by Fortune magazine.
Tim Cook travelled to the White House last month to warn Trump of the potentially adverse effects of Trump's trade policies on Apple in China but did not specify precisely when Trump made the commitment to Cook.
The new guidelines now ask the developers to get user consent for any information access from the phone, and selling user data to a third party is completely prohibited.