Watch Tim Cook's Duke University Commencement Speech

Apple's Tim Cook tells graduates to be fearless

Apple CEO Tim Cook, whose recent public comments on the Facebook-Cambridge Analytica privacy scandal prompted a rebuke from Facebook CEO Mark Zuckerberg, again brought up customer privacy during a commencement speech over the weekend. While products like the iPhone and iPad are designed in the US, they are made using China-based factories run by the likes of Hon Hai Precision Industry Co. and Pegatron Corp.

Chief Executive Officer Tim Cook may have something to do with Donald Trump's new stance on trade with China, with the executive telling Bloomberg he raised the issue of tariffs at a meeting in late April.

Peer to Peer Conversations, Cook revealed the discussion had focused on the importance of trade and the benefits of worldwide cooperation between countries.

Speaking at Duke University in North Carolina on Sunday, Cook made the case for Apple's "respectful" position on user information just weeks after Facebook was at the center of a global storm over a data breach that affected 87 million users. "It's true, undoubtedly true, that not everyone has been advantaged from [previous policies]-in either country-and we've got to work on that", he said.

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He also pointed out as a notable fact that the company rejects "the excuse that getting the most out of technology means trading away your right to privacy". The concern for privacy is more than ever and it seems like the companies are experiencing a hard time fending off these attacks. "Because Steve taught us that's how change happens, and from him, I learned to never be content with the way that things are", Cook said as he carried on about the monetization of user information.

Cook told graduates to use that power fearlessly.

Apple Music still sits behind competitor Spotify, which has 75 million paying customers.

Cook indicated that Apple will make a stronger push into streaming video and original TV shows and movies but declined to provide specifics. We're not ready to give any details on it yet.

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