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Apple CEO Tim Cook On Augmented Reality, Self-driving Cars & Retirement

By John F. Heerdink, Jr.

Apple (AAPL) CEO Tim Cook’s recent podcast interview with the New York Times discussed how artificial intelligence and augmented reality are significant for the company’s growth in the future. The CEO spoke on the company’s interest in autonomy and its underlying benefits for several products, and not just only cars.

Cook declined to comment on Apple launching a self-drive car, which the company is supposedly testing in California. But he did add,

“We love to integrate hardware, software, and services and find the intersection points of those because we think that’s where the magic occurs.”

Cook revealed how AR could be useful in the business world, including the education, health care, retail industries, and gaming in particular.

“I’m already seeing AR take off in some of these areas with the use of the phone,” Cook said. “And I think the promise is even greater in the future.”

Cook 60, spoke on his retirement plans stating that he doesn’t plan on leading Apple forever, adding that he is unlikely to be CEO in 10 years.

“But I can tell you that I feel great right now,” he said. “And the date’s not in sight. But 10 more years is a long time and probably not 10 more years.

“And so I don’t think I will know that until after I’m not here,” Cook said. “Because I think I’ll run so fast that I’ll never really think about it until I’m not running anymore.”

Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Apple CEO Tim Cook talks self-driving cars and retirement in Fortune)


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