Apple CEO Tim Cook has announced that the company will invest over $100 million to bring some of its Mac production back to the United States in 2013. At least one model will be made exclusively in the U.S., Cook revealed during an interview on NBC’s Rock Center, though he wouldn’t reveal which model that would be.
Despite taking control of Apple just 18 months ago, Tim Cook has been named by CNBC as the highest paid CEO in America. With an average annual compensation of around $95 million, Cook beats Oracle’s Larry Ellison and JC Penney’s Ron Johnson to the top spot.
Apple’s App Store review policy has received a lot of criticism in the past. Often times it rejects apps for a good reason, like if they contain nudity or they’re offensive. But on the odd occasion, its decision to reject a certain app leaves us puzzled. Here’s a good example of that.
Nuskha Labs recently submitted its new app to the App Store. Called Steve Jobs Timeline, it documents the life story of Apple’s co-founder, and includes famous quotes and images. It sports a nice, creative user interface; it’s not offensive, and it doesn’t break Apple’s App Store terms. But the Cupertino company rejected it anyway.
Today is Steve Jobs day in the state of California. October 16th was declared Steve Jobs day by Governor Jerry Brown on Twitter shortly after Apple’s co-founder and former CEO passed away last year following a long battle with pancreatic cancer. Although it may have been a one-off holiday, today is a perfect opportunity to reflect upon Steve Jobs’s legacy.
Apple CEO Tim Cook has today issued a letter to customers regarding the issues they have been experiencing with Maps in iOS 6. Cook says Apple is “extremely sorry for the frustration” the new service has caused to its customers, and he insists the company will continue to work incredibly hard until Maps is fixed. Cook even suggests a number of alternative services users can try in the meantime.
The full letter is below.
After Apple was awarded two prestigious D&AD (British Design & Art Direction) awards, Jony Ive and the rest of the Cupertino company’s design team flew to London this week to pick them up. There were 16 Apple employees in attendance, and Ive, who is responsible for Apple’s most iconic designs, received a standing ovation when he took to the stage.
If you think it’s just Apple’s stolen intellectual property that Samsung is in the habit of using, you might want to think again. Kun Hee Lee, Samsung’s billionaire CEO, drives himself around in one of the world’s rarest Ferraris, the 330 LMB… a $15 million automobile that is, in all likelihood, stolen goods.
Tim Cook has been very busy running Apple the past 12 months. There have been a lot of changes and new products that have helped make Apple the most valuable company ever. There have also been a lot of controversies, and headaches along the way. The road hasn’t been all smooth sailing, but we think Tim has done a great job in his first year as CEO of Apple.
Here are eight things that have kept Tim busy in his first year as CEO:
It’s been a rocking year for Tim Cook, his first as Apple’s CEO. Not only did he not fuck up; Apple shipped a bunch of hit products and became the biggest company ever.
He also defused a big crisis in Apple’s Chinese supply chain and has made Apple a little more open and relaxed (just a teeny bit).
Hit the jump for a great timeline of what Apple’s been up to under Tim Cook’s tenure. (Really, it’s a fascinating timeline and was a ton of work.)
The lengthy Apple vs. Samsung trial is now reaching a close, and this week the jury will make a verdict on who’s guilty of what. But before that happens, Apple CEO Tim Cook is set to make a last-ditch attempt to reach an agreement with Samsung CEO Kwon Oh Hyun over the telephone.
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![8 Things That Kept Tim Cook Super Busy During His First Year As CEO [One Year Of Tim]](http://cdn.cultofmac.com/wp-content/uploads/2012/08/timintro.jpg "timintro")
![Timeline: Tim Cook’s First Year As Apple CEO [One Year Of Tim]](http://cdn.cultofmac.com/wp-content/uploads/2012/08/Tim-Cook-timeline.jpg "Tim Cook timeline")
