The number of people subscribing to Apple services passed the 1 billion mark during the company’s most recent financial quarter, allowing that segment of the company to bring in record revenue.
But total revenue decreased slightly during the June quarter, the third time that’s happened in a row. And the money coming in from all Apple’s hardware groups is down.
Not just anyone qualifies for a new Apple Card — including Apple CEO Tim Cook, according to a new report. The Goldman Sachs underwriting system apparently rejected his application a while back.
Amid reports lately that Goldman is losing money on its deal with Apple, and the two might part ways, it almost sounded like payback. But that’s not it.
June 22, 2009: Steve Jobs returns to work at Apple, a couple of months after undergoing a liver transplant as part of his cancer treatment.
Although Jobs has been steadily getting back into work for the past several weeks, the news is made official when a quote from him appears on a June 22 press release about iPhone 3GS sales. An Apple employee also alerts the media after spotting Jobs on campus.
With his return confirmed, everyone wants to know how long Jobs will continue to lead Apple.
Ted Lasso, the comedy that became the first surprise Apple TV+ hit, earned rave reviews with its recent series finale — and now Apple CEO Tim cook wants more!
That’s according to Brendan Hunt, one of the creators and stars of Ted Lasso. Whether Cook will get it or not remains an open question, however.
Apple CEO Tim Cook took a moment to congratulate a man who wrote to him and tweeted an inspiring story of using Apple Watch and Fitness+ to lose more than 100 pounds over several months.
Nate Gorby told his story in his tweet, below, saying Apple’s tools changed his life. Cook’s direct reply was just one of many responses.
Perhaps the best phrase to describe the results of Apple’s most recent financial quarter is, “It could have been worse.” Total revenue dropped 3% as the company battled inflation and other macroeconomic problems not of its making.
Still, Apple’s quarterly numbers beat the overly pessimistic Wall Street estimates. And there is more good news buried in the results Apple reported Thursday (and in the company’s earnings call with investors). Read on for five reasons to be optimistic about Apple’s future.
This week on Cult of Mac’s podcast: The iOS 17 leaks start drip, drip, dripping out as we approach Apple’s Worldwide Developers Conference. Sounds like a minor update overall, but there’s some interesting stuff coming down the pike.
Also on The CultCast:
Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video live stream, embedded below.
How does Tim Cook customize his Apple Watch face? During his recent tour of India, people zoomed in on this picture of him meeting with developers to dissect his choice of watch face and complications.
I’ll break down Cook’s watch and show you how to download it yourself.
After all, the Apple Watch is celebrating eight years since its release on this very day in 2015. What better way to mark the occasion than with a celebratory new watch face?
Apple CEO Tim Cook met with India’s Prime Minister Narendra Modi on Wednesday. It’s part of a busy agenda for the executive, including opening two Apple stores — the first in the subcontinent. But that’s just a small part of his activities as the executive traveled around to highlight how Apple products are being used in India.
Cook posted tweets from all the many events and meetings.
Apple’s first retail store in India opened its doors to shoppers Tuesday, and CEO Tim Cook showed up to celebrate. Apple BKC — housed in an energy-efficient structure with some stunning architectural details — is located inside Jio World Drive, a huge shopping complex in Mumbai, Maharashtra.
The Indian store opening marks an important milestone for Apple, as it seeks to expand its retail and manufacturing presence in the world’s most populous country.
Steve Jobs is no longer the man who spent the longest time as Apple CEO. Tim Cook, the executive currently in charge, has now surpassed Jobs’ record of 4,249 days with that title, making him officially Apple’s longest-serving CEO.
But it turns out the calculation isn’t that simple. Steve Jobs spent several additional years in charge of Apple. He just wasn’t officially “Apple CEO” at the time.
Apple CEO Tim Cook sounds very upbeat about the potential for augmented reality in a new interview. He says the technology “could greatly enhance people’s communication, people’s connection.”
Cook stayed mum about a related tech, virtual reality, though.
Apple CEO Tim Cook was one of the few executives from U.S. companies to attend the China Development Forum in Beijing over the weekend as tensions between the two countries continue.
In a speech, Cook spoke about the “symbiotic kind of relationship” that Apple and China have.
This week on Cult of Mac’s podcast: That old rumor about a HomePod with a built-in display for FaceTime calls and smart-home wizardry resurfaces. But this time, some fresh details make Erfon even more cranked up than usual about Apple’s smart speaker.
Also on The CultCast:
Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video live stream, embedded below.
Apple CEO Tim Cook reportedly sided with COO Jeff Williams to launch the company’s AR/VR headset this year, despite the fact that Cupertino’s design team wanted to wait a few more years to launch a sleeker pair of AR glasses.
The headset’s launch time frame has been a point of contention inside Apple. Until 2019, when Jony Ive led the design deapartment, it was unimaginable to go against his team’s wishes.
Apple CEO Tim Cook will earn considerably less in 2023 than he did in the last two years. The pay cut comes at the recommendation of the company as well as Cook himself. And it was approved Friday at Apple’s annual shareholder’s meeting.
In addition, five proposals made by shareholders for changes at the company were also voted down at the meeting.
Apple CEO Tim Cook is set to receive a substantial pay cut in 2023. The company’s top executive will receive “only” $49 million in compensation this year.
For comparison, Cook’s compensation was $99.4 million in 2022 and $98.7 million in 2021.
This week on Cult of Mac’s podcast: After new Twitter CEO Elon Musk began publicly questioning some of Apple’s policies, he went mano-a-mano with Tim Cook. Maybe Musk’s meme-y declaration of war was a bit premature …
Also on The CultCast:
Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video live stream, embedded below.
Twitter CEO Elon Musk on Wednesday walked back his claim that Apple was threatening to remove Twitter from the App Store.
This comes after Musk said he engaged in a “good conversation” with Apple CEO Tim Cook.
Apple CEO Tim Cook told a group of students in Italy last week what it takes to get and keep a job with the Cupertino tech giant.
Cook said Apple seeks out candidates with four shared skillsets that help employees — and the company — succeed.
Apple CEO Tim Cook’s unannounced European tour has taken him to the United Kingdom, Germany and Italy so far. And on one of his latest stops, he received an honorary master’s degree Thursday from the Università Degli Studi di Napoli Federico II in Naples, Italy.
“It’s an honor to be recognized by an institution with such a distinguished history, one that has nurtured Italy’s brightest young minds for nearly 800 years,” Cook said, accepting the honorary master’s degree for innovation and international management.
Something unexpected came out of Vox Media’s Code conference Wednesday — a birth announcement for The Steve Jobs Archive. The new repository celebrates the Apple co-founder’s life and strives to share his values. Various programs are planned.
In a panel discussion, Apple CEO Tim Cook, former design honcho Jon Ivy and Jobs’ widow, Laurene Powell Jobs, discussed the man’s legacy and introduced the archive.
Two of the best-loved shows on Apple TV+ — Severance and Ted Lasso — took home honors over the weekend from the Hollywood Critics Association TV Awards.
Severance won five awards, including Best Drama, and Ted Lasso won two awards, including Best Comedy. Apple TV+ topped all streaming services with 53 nominations overall.
With Apple in the antitrust spotlight both abroad and in the U.S., Cupertino is spending more than it ever has before on political lobbying.
And CEO Tim Cook has become one of the most politically active tech executives in the country.
Apple CEO Tim Cook teased the company’s rumored AR/VR headset during an interview with Chinese state-affiliated media on June 14.
He expressed his excitement about augmented reality and the opportunities in this space.
