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.
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.
Angela Ahrendts is behind Apple’s strategy of rethinking its retail stores to play a bigger part in local communities, Apple’s senior vice president of retail revealed in an interview at Fortune‘s “Most Powerful Women” conference Monday night.
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 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:
Bob Kupbens isn’t sticking around to get an early glimpse at the iPhone 7. According to a report citing multiple sources, the former online retail chief, who joined Apple in 2014, has left the company to take up a new position elsewhere.
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 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.