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Cook tried to encourage Apple employees, 9to5Mac says

Apple (AAPL) CEO Tim Cook held a town hall meeting with employees following the large decline in the company's stock over the past several months and after the company reported lower than expected Q1 revenue, according to 9to5Mac. Cook told employees that Apple still earned more money than any non-oil company, and that the company is focusing on making new products that customers love, the website stated. Apple is also working to improve the morale of its retail employees, the website quoted Cook as saying.