‘Makes my heart sing’: Tim Cook gets reflective on Apple’s golden jubilee plans, lauds ‘terrific’ India growth
Tim Cook talked about retirement planning, Apple’s 50th anniversary plans, memory deficiencies, immigration and artificial intelligence at a comprehensive meeting with company employees at Apple’s headquarters in Cupertino, California, on Thursday, February 5. Bloomberg. Cook said the iPhone maker may be planning to launch a new category of devices.
Responding to a question about rival companies launching AI devices, Apple’s CEO said, “There will be new categories of products and services enabled through AI, and we’re extremely excited about that.”
“We’re excited about the opportunities this opens up for Apple,” he added.
Remarkably, a previously published report Bloomberg’s Mark Gurman said Apple is working on an AI Pin that could come with multiple cameras, speakers and microphones. The device is currently in development and could be released by 2027.
“I truly believe there is no company better positioned than Apple to allow our customers to use AI in deep and meaningful ways,” Cook said.
Speaking about Apple’s 50th anniversary, Cook said, “I’ve been unusually thoughtful about Apple lately because we’ve been working on what we need to do to celebrate this moment.”
He added, “When you really stop and think about the last 50 years, your heart sings. It really does. I promise to celebrate a little.”
The company will celebrate its 50th anniversary of existence on April 1, 2026; Its first product, the Apple I computer, was released in July 1976.
Tim Cook talked about India’s success
I’m talking about Apple‘s Following success in India and Malaysia, Cook said: “Emerging markets are a huge priority for us… We still have a modest market share in these markets, but we have a lot of potential.”
Cook also talked about the memory chip shortage plaguing the smartphone industry, saying it was “something we have to deal with” and that the company’s Chief Operating Officer Sabih Khan was focusing on the problem.
“The most important thing is that we have the best team in the world dealing with this,” Cook said. “There are a number of options we are looking at and will be implementing to address this problem. This is a real problem.”
Tim Cook announces retirement plans
Speaking briefly about succession planning, Cook said, “I spend a lot of time thinking about who’s going to be in the room five years from now, 10 years from now. I obsess about it; who’s going to be in the room 15 years from now.”
“That’s an important part of leadership is thinking about these things and making plans,” Cook added.
“You know, when people reach a certain age, some of them will retire,” Apple CEO said. “It’s quite natural.”
