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Ok, I think it was not a quite smart idea to post a link.
So here come two photos regarding Tim's wristband.
I'll hope there's someone out there who knows what it could be.

I don't think that it is a "check-in wristband" for the Sun Valley Conference. No one else is wearing it. Maybe a new super secret Nike-Sportsband?
 

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It's probably a Nike Fuelband. Cook is on the board of Nike and mentioned the band at the D conference.
 
Thanks for your reply Jaw.

Indeed, it seems to be a Nike Fuelband.
First it was my assumption as well, but my research was apparently incomplete. My fault. The only color I found was black, but Tim's band seems to be a special edition.
 
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