All items tagged with "Tim Cook"

Apple employees sue, iWatch prank and the rest of this week’s hottest news

Watch today’s Cult of Mac news roundup for details on a lawsuit filed by Apple employees. Plus, you’ll get info on the latest Apple software updates, a look at the Starbucks app’s new capabilities and Jimmy Kimmel’s hilarious iWatch prank.

Subscribe to Cult of Mac TV on YouTube to catch all our latest videos.

eBay moved $2 billion in Apple devices last year

eBay is a paradise for Apple collectors. Photo: Jeff Croft

eBay is a paradise for Apple collectors. Photo: Jeff Croft

Tim Cook told investors he’s happy with Apple’s trade-in program and other used iPhone sales, and it turns out so is eBay.

In the last 12 months nearly $2 billion worth of Apple devices, ranging from iPhones, iPads, and old Macs, have been sold on eBay’s store, according to data obtained by Computer World, and just like Apple’s own sales, the iPhone brought in most of a money on eBay too.

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Trust the magic pipeline and other key takeaways from Apple’s Q3 earnings call

Last quarter was bright but the future's even brighter, according to Apple.

Last quarter was bright but the future’s even brighter, according to Apple.

Even Apple execs sounded pleasantly surprised as they revealed last quarter’s mostly higher-than-expected numbers Tuesday. But in what’s become something of a refrain in Cupertino, they couldn’t stop themselves from vague and knowing references to the incredible products waiting in the magical Apple pipeline.

Trust us, they seemed to say: Last quarter’s net profit of $7.7 billion — fueled by robust sales of iPhones, MacBooks and a surprisingly strong showing in the iTunes Software and Services category — was totally great, but wait till you see what we’ve got up our sleeves.

“We’re expecting a very busy fall,” said Luca Maestri, Apple’s chief financial officer. “We’re very excited about what’s in the pipeline.”

What else did Apple executives have to say during Tuesday’s Q3 earnings call? Here’s our take on everything you need to know from the latest numbers talk.

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Liveblog: Hard facts and cheap shots from Apple’s Q3 2014 earnings call

Time Cook onstage at WWDC 2014. Photo: Roberto Baldwin/The Next Web

CEO Tim Cook will tell investors why Apple is still numero uno in today’s Q3 earnings call. Photo: Roberto Baldwin/The Next Web

Tim Cook and newly-apointed CFO Luca Maestri are getting ready for Apple’s Q3 2014 earnings call with investors. The call will reveal just how much cash the company raked in over the past three months and what they should expect later this year. We’ll be right here, liveblogging the whole thing.

Apple hasn’t released a new product this quarter, but investors on Wall Street are still bullish about the future of AAPL, sending the company’s stock price surging 26% since its last earnings report.

Whether Apple was able to beat expectations of $38.4 billion in revenue without an explosion of new sales will finally be known today at 2 p.m. Pacific, and we’ll be ready to dish out all the news and juicy tidbits Tim and the team tell investors.

So keep this page open for the full scoop on how ridiculously profitable Apple was last quarter, as well as what’s to come its “most exciting product pipeline in 25 years.”

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Tomorrow’s Apple earnings are just the calm before the storm

Tim Cook leaves the stage at the end of the 2014 WWDC keynote. Photo: Roberto Baldwin/The Next Web

Tim Cook onstage at WWDC 2014. Photo: Roberto Baldwin/The Next Web

Don’t expect anything too exciting from Apple’s third quarter earnings tomorrow.

This is Apple’s slowest part of the year. The summer slump means no new hardware, which means no explosive sales growth. But that’s alright, because the best is yet to come.

Tim Cook and co. have promised that truly epic things are coming in the fall, and Wall Street is actually excited about Apple again.

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Wall Street insider replaces Apple’s longest-serving board member

suewagner

Susan L. Wagner is the newest member of Apple’s board of directors

Apple is continuing its push to diversify its leadership with the announcement this afternoon that Susan Wagner, a wall street insider who co-found one the world’s top investment firms, has been added to the company’s board of directors, taking the spot of the board’s longest serving member.

Bill Campbell has been on Apple’s board for 17 years but has decided to retire, making room for Wagner to take her seat on Tim Cook’s board. Wagner comes to the board after co-founding BlackRock in 1988 and leading it to become one of the world’s most successful asset-management companies. She’ll continue to serve on BlackRock’s board, as well as boards for Swiss Re, Wellesley College, and Hackley School.

In an press release announcing the changes, Tim Cook had high praises for Wagner, as well as the man she’s replacing:

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8 wild Apple rumors that turned out to be totally off the mark

Apple and old archrival IBM “fit like a puzzle,” says Tim Cook

Screen Shot 2014-07-15 at 5.50.49 PM

IBM and Apple used to be sworn enemies, but a lot has changed since the early days of the Macintosh and the PC race. Both companies have committed to making Apple software and hardware a one-stop shop for businesses in what some consider one of the “most important and powerful tech partnerships” ever.

In an interview with CNBC, Tim Cook and IBM CEO Virginia Rometty discussed their mutual excitement about the “landmark” partnership.

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You can win a lunch meeting with Apple’s Eddie Cue for only $10k

Apple's Eddie Cue and Beats cofounder Jimmy Iovine in Walt's famous red chairs to dish on Beats acquisition</p></a><p>Ever want to sit down with the guy at Apple who has basically been tasked to fix every disaster of the last five years? If you got more than ten grand to spare and love basketball this may be your lucky day, as <a
href=CharityBuzz just opened a new auction lot that includes a one-hour paid lunch at Apple HQ with you, your friend, and Mr. Fixit Eddie Cue.

  • Image Pete Mall, Re/code ” width=”640’ height=”427’ /> Apple’s Eddie Cue and Beats cofounder Jimmy Iovine in Walt’s famous red chairs to dish on Beats acquisition
    Photo: Pete Mall, Re/code[/caption

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How a Reddit user convinced Tim Cook to change Apple’s on-hold music

"Low-fi on-hold music at Apple? Not on my iWatch!"

“Low grade on-hold music at Apple? Not on my watch!”

When you’re a company the size of Apple (whose co-founder Steve Jobs famously made comments about how it’s not the job of users to know what they want) you’d be forgiven for thinking they don’t listen to the little guy.

Over the weekend, a story popped up on Reddit, however, revealing how one user supposedly convinced Tim Cook to change Apple’s on-hold music — telling him that it sounded distorted and therefore surprisingly un-Apple-like in its lack of quality. Cook apparently listened and – hey presto! – people dialling into Apple now get better-sounding hold music while they wait.

The full post can be read below:

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