The technology giants said they were teaming up to release the tool within several months, building it into the operating systems of the billions of iPhones and Android devices around the world.
The purchase limits come as Apple braces for a blow due to the coronavirus' impact on sales, both due to supply chain disruptions and weak demand.
Tim Cook said that all hourly employees at the closed stores will continue to receive normal pay
Cook said Apple had re-opened 80% of its stores in China. He also said that iPhone factories in China had restarted and were in 'phase three of the ramp mode'
Apple currently has third-party reseller outlets to sell its devices in the country
2019 witnesses fastest rollout of new iPhones in India
His 2019 bonus, which is tied to Apple's performance, tallied $7.7 mn, and was calculated based on Apple exceeding its sales target by only 28%; the incentive was $12 mn in 2018
Trump met Cook on Wednesday during his visit to Apple's upcoming campus in Texas, in the latest sign of a close relationship between two of America's most powerful men.
Apple shares are about five times higher than they were when Tim Cook became CEO of the company in August 2011
Republicans and Democrats alike on the House Judiciary Committee, which is investigating the market power and behavior of the big 4 companies
After many months of patient negotiation, two Cabinet decisions last week may finally see the iconic brand set up shop in the country
Cook said Apple is less concerned with the short term economic outlook because the tech giant makes investments looking ahead years or decades
In an interview with news website Axios on HBO television, Cook said he expected the US Congress would take up the matter
Bloomberg picked 15 who are crucial to the Apple of today and the company of tomorrow
This month, Apple became the first US-based company to reach $1 trillion in market value
The delays have contributed to much longer waits between Apple announcing a product and shipping it
His top five lieutenants each got bonuses of $3.11 million, bringing their total compensation to about $24.2 million each
The DACA programme was established by former US President Barack Obama
Apple shares outperformed at least two-thirds of businesses in S&P 500 Index over 3 years
iPhone maker seeks deeper access to the world's 3rd-largest smartphone market behind the US, China