All items tagged with "Tim Cook"

Tim Cook Earned Almost $4.3 Million In 2013

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Tim Cook was paid $4.25 million in 2013, according to a regulatory filing reported by Apple on Friday.

This figure broke down as $1.4 million in salary, and a further bonus bonus of $2.8 million. Cook’s other compensation included $52,721 in company contributions to his 401(k) account, life insurance premiums, and vacation cash-out.

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Apple Has Clearly Been Good This Year As Stock Surges To 2013 High

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Tim Cook has talked about this being an “iPad Christmas”, but plain calling it an Apple Christmas might be altogether more accurate — as Apple surged to a 2013 new stock high following news of the recent China Mobile deal.

Apple stock gained 3.8 percent to end Monday trading at $570.09, reflecting what Creative Technologies analyst Tim Bajarin has called, “a huge deal for Apple.”

Although it hit several year highs over the past several months, Apple stock prices had been depressed for some of 2013 as investors appeared concerned regarding a supposed lack of innovation from the company.

More recently, share prices had wavered as nervous shareholders fretted that the long-reported China Mobile deal wasn’t happening as fast as they hoped.

Although analysts are still arguing over the long-term impact the China Mobile deal is likely to have, this strong year finish nonetheless bodes well for Apple in 2014.

Twitter, Facebook, and Google shares also finished strong after the day’s trading.

Long-Awaited China Mobile Deal Offers Up 760 Million Potential iPhone Buyers

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Apple investors got their Christmas wish: The China Mobile deal, which could add billions of dollars to Apple’s revenue, has finally materialized.

The iPhone will be available to China Mobile customers beginning January 17, Apple announced Sunday, with pricing and availability to be released at a later date.

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Obama Is A House Of Cards Fan, And Tim Cook Says They Had A “Great Meeting” Today

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(That’s Tim Cook next to Eric Schmidt on the bottom left.)

Yesterday the White House announced that President Obama would be meeting with a number of tech executives today about HealthCare.gov, the NSA, and how tech is converging the public and private sectors. Another topic of discussion ended up being Netflix’s popular House of Cards series, and apparently Obama is a fan.

While leaving the panel with the President and 14 other American executives, Tim Cook told a reporter that they had “a great meeting.”

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President Obama Meeting With Tim Cook And Other Leaders Tomorrow To Talk Tech

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The White House has announced that President Obama is scheduled to meet with a number of top-level tech executives in the industry tomorrow, including Apple’s Tim Cook. Topics of discussion will be the recent controversy surrounding the NSA’s phone surveillance, HealthCare.Gov, and ways the government can work with tech companies to grow the economy.

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Tim Cook: How The Klan, MLK and Bobby Kennedy Shaped Me

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While accepting a lifetime achievement award from Auburn University, his alma mater, Apple CEO Tim Cook told of how The Ku Klux Klan, Martin Luther King and Senator Robert Kennedy shaped his passion for human rights and equality. ”Growing up in Alabama in the 1960s, I saw the devastating impacts of discrimination,” Cook said in New York on December 10th. “Remarkable people were denied opportunities and treated without basic human dignity solely because of the color of their skin.”

He recalled childhood memories of watching crosses burn on neighbors’ lawns in Alabama. ”This image was permanently imprinted in my brain and it would change my life forever,” Cook said. “For me the cross burning was a symbol of ignorance, of hatred, and a fear of anyone different than the majority. I could never understand it, and I knew then that America’s and Alabama’s history would always be scarred by the hatred that it represented.”

You can watch the full speech below the fold:

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Apple Hires Cumulus Radio Exec To Head International iTunes Radio Ad Sales

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Michael Pallad, Apple’s new iTunes Radio Adman

Apple is looking to beef up its ads on iTunes Radio and has poached a top radio ad exec in the process as it prepares to open its service to a wider array of advertisers in 2014.

Michael Pallad, former VP of sales at Cumulus Media, has left the radio giant to oversee Apple’s ad sales for iTunes Radio internationally according to a report from AdAge.

Pallad joined Apple on December 2nd and has spent the last week  getting oriented at the Cupertino Headquarters, but he’ll be pressed to get up to speed ASAP as Apple’s initial iTunes Radio ad deals are set to expire at the end of the year.

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Why Your Old Mac Could Be Worth Big Bucks, This Week On Our Newest CultCast

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It’s our T-Day edition CultCast! This time: Jony Ive’s golden touch makes millions for charity; Apple teases underwhelming Black Friday deals; how Apple’s blacklist keeps bad press at bay; the new money in old macs; and we pitch our favorite Thanksgiving Day foods on our holiday edition Faves ’N Raves!

Have a few laughs whilst getting caught up on each week’s finest Apple stories! Download new and past episodes of The CultCast on iTunes or hit play below and let the audio enjoyment commence.

Thanks to lynda.com for sponsoring this episode. Learn at your own pace from expert-taught video tutorials at lynda.com.

Why Your Old Mac Could Be Worth Big Bucks, This Week On Our Newest CultCast

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Watch Leander Talk About Jony Ive Secrets On Bloomberg TV [Video]

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Apple’s Industrial Design studio is one of the most secretive corporate locations in the world, where even some of the company’s own high ranking execs can’t get in unless Jony Ive wants them to. So with the ID group barred tighter than a nuclear lockdown, how does one go about getting secrets about the design processes at Apple for a book?

Bloomberg TV’s Emily Chang sat down with Leander on her show this afternoon to talk about some of the secrets he discovered about Jony Ive and the design team at Apple for his new book. Not only did The Gov dive into how hard it is to cover Apple, but he also dished on rumors he’s heard about Ive butting heads with top execs who have left Apple – and not just The Felt King, aka Scott Forstall - as well as how Tim Cook has become the ultimate peace keeper at Apple in contrast to Jobs diabolical ways of pitting execs against each other.

You can hear all the secrets in the video below:

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Fortune Lists Apple’s New Retail Chief As World’s Fourth Top Executive

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Tim Cook caused quite a stir in the worlds of both tech and fashion earlier this year when he announced that Burberry CEO Angela Ahrendts would be leaving the famous trench-coat maker to head up Apple’s retail divisions.

Ahrendts new position at Apple alone wields great power, but when you combine it with her incredible turn around of the Burberry brand, its no wonder many are starting to consider her one of the most powerful executives in the world, which is exactly why Fortune placed Ahrendts at #4 of its annual list of the top people in business.

She doesn’t take over at Apple until Spring 2014 but Ahrendts received the nod from the business mag for her work redefining Burberry’s brand and the subsequent 29% bump in the company’s stock price.

Here’s Fortune’s praise for Ahrendts:

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