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At the time, Apple was suffering from the deceleration of the Chinese economy, but also from tensions between China and the United States.
Questioned on the subject during an earnings conference call, Cook said that Turkey, India, Brazil and Russia were the only emerging economies where pressure on sales was being felt.
“I wouldn’t put China in that category,” he said.
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However, the next quarter Apple posted earnings that missed targets for the first time since Cook took over in 2011.
In addition to Apple, shareholders — led by Norfolk County Council in the east of Britain — had also brought their class action against Cook and CFO Luca Maestri.
The hearing to validate the agreement has been set for April 30.