Apple execs pay dearly for 2016’s failures

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Tim Cook holds Apple's billionth iPhone.
Tim Cook holds Apple's billionth iPhone.
Photo: Apple

Apple CEO Tim Cook received less pay in 2016 as a result of the company missing revenue and profit goals.

In a new filing with the SEC, Apple revealed that other top executives also got less compensation for 2016 as well. Cook only took home $8.7 million last year after being paid $10.2 million in in 2015.

What they said: Best Apple quotes of 2016

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Best Apple quotes 2016
If you can't say something nice ...
Image: Ste Smith/Cult of Mac

2016 Year in Review Cult of Mac The world of quotes is a poorer place without Steve Jobs, who was a quote machine. Nonetheless, plenty of people talked about Apple this year, whether lauding the company’s successes or damning its strategies.

Here are the most memorable Apple quotes of 2016.

Apple stores won’t have iPhone 7 Plus, any jet black models on Friday

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jet black iPhone 7 and iPhone 7 Plus
Yep, you won't be getting one of these tomorrow if you haven't already ordered it.
Photo: Apple

iPhone 7 units are going to be rarer than hen’s teeth this Friday, according to Apple. The company’s retail stores have sold out of the hugely popular jet black iPhone 7 and all iPhone Plus models altogether.

In other words, unless you reserved ahead, simply queuing outside your local Apple store is no guarantee you will get the handset you want on launch day.

Apple gives sneak preview of flagship Union Square store

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apple-store-union

Photo:

Apple has put the finishing touches on its new flagship store in San Francisco this week and gave the press an early preview of the store that is set to open to the public this weekend.

The Union Square store promises to be every bit as iconic as Apple’s cube on Fifth Avenue, thanks to its incredible glass and metal design and a new prominent location in San Francisco’s popular luxury shopping district.

Take a peek at Apple’s most amazing store on the West Coast:

Woven-nylon Apple Watch band might actually be worth $50 [Reviews]

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The woven-nylon Apple Watch band is a winner.
The woven-nylon Apple Watch band is a winner.
Photo: Lewis Wallace/Cult of Mac

Lust List: Woven nylon Apple Watch band by Apple

If you’ve ever ordered anything online, you’ve probably experienced delayed dissatisfaction. You wait for the product, it finally arrives, you rip it open — and it’s nothing like the picture you saw on Amazon, eBay or whatever. The item is smaller, the color is crappier, the quality’s just not there.

The new woven-nylon Apple Watch bands are similar — but opposite! They look even better than they do on the Apple website. And, despite what you might think about nylon as a watchband material, Apple’s latest accessories pack a premium punch.

Apple erects giant display worth $1.5 million in ‘next-gen’ retail store

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AppleStore_7
Apple Stores just got a bit more spectacular.
Photo: Photo: Ste Smith/Cult of Mac

Whether it’s adding tree-lined avenues or high-tech display tables for showing off the Apple Watch or iPhone, the design of the Apple Store is constantly changing.

The latest innovation is a giant floor-to-ceiling television display, which can be seen at Apple’s new Saddle Creek Store in Germantown, Tennessee.

And you thought the 12.9-inch iPad Pro had a big screen!

Angela Ahrendts spills the secret behind Apple’s success

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Angela Ahrendts' strategies are paying off in a big, bad way.
Photo: Apple

Apple Store retail guru Angela Ahrendts says that the secret behind Apple’s success is its culture, telling an interviewer that, “The company was built to change people’s lives.”

The dedication to keeping not just customers, but also employees, feeling like they’re part of a greater mission is paying off in a big way, too — with Ahrendts noting that last year Apple Stores had their highest employee retention rate in history, with 81 percent of people staying put.