Tim Cook

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.

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.

Cook said Apple’s thought of privacy was a “fundamental human right”, something it will never want to breach and misuse in any way.

Mark Zuckerberg's defence comes after Apple CEO Tim Cook said his company wouldn't be in Facebook's situation because Apple doesn't sell ads based on customer data the way Facebook does.

Among the new devices which can be expected to be announced include a cheaper iPad and MacBook Air targeted at students, inclusion of the pencil to its lower models

Speaking at the annual China Development Forum in Beijing, Cook said he hoped "calm heads" would prevai