Congressman John Lewis and Tim Cook and Apple HQ. Photo: Apple
Congressman John Lewis paid a visit to Tim Cook at Apple’s Cupertino campus today as part of the civil rights icon’s Northern California tour for his new book.
The Georgia lawmaker played a pivotal role in the bloody Selma march that’s back in the spotlight thanks to the its 50th anniversary and the Oscar-nominated film by the same name. Lewis was a guest speaker at Apple HQ today as part of the company’s celebration for Black History Month, and he met privately with Cook.
Apple could be sitting on a goldmine with its own Apple-branded car. Photo: Jim Merithew/Cult of Mac
As rumors of an Apple car start to gain speed, Piper Jaffray analyst Gene Munster has run the figures to find out what kind of business proposition automobiles could be for a company that tends to steer clear of small or low-margin markets.
His verdict? If Apple cars were even a “moderate success,” Tim Cook and pals could be looking at an extra $50 billion per year in revenues. To put that figure in context, it would be an increase of 23 percent on top of the already impressive cash-generating machine that was Apple in 2015.
Apple CEO Tim Cook addresses the White House Summit on Cybersecurity and Consumer Protection. Photo: White House
Silicon Valley’s top CEOs snubbed President Barack Obama’s appearance at Stanford University today for the White House Summit on Cybersecurity and Consumer Protection, but Apple CEO Tim Cook used his invite to make the case for improving security.
Cook addressed attendees before Obama took the stage and reaffirmed Apple’s belief that everyone has a right to privacy and security. In part of his speech, the Apple CEO warned of “dire consequences” if the proper balance between security and privacy isn’t maintained.
“We must get this right!” Cook told the audience. “History has shown us that sacrificing our right to privacy can have dire consequences.”
Apple Pay is going everywhere in 2015. Photo: Apple
Apple Pay has already become the top mobile wallet at a number of stores, but now Apple’s about to take on the great outdoors.
During his address at today’s White House cybersecurity summit, Tim Cook said that starting in September you’ll be able to use Apple Pay for transactions with the federal government, including paying fees to get into Yosemite and the other national parks.
Cook’s visit to the summit was a big win for Apple Pay, which Cook says is now supported by more than 2,000 banks, putting us one step closer to the age when your wallet will be a thing of the past. The White House has given Apple Pay its stamp of approval, too, and announced plans to enable it on all federal-payment cards.
Tim Cook and President Obama are attending today’s White House Cyber Security Summit to talk about a range of issues facing the U.S. tech industry.
Mark Zuckerberg, Marrisa Mayer, and Google CEO Larry Page all decline invites to the summit where Obama is expect to urge tech firms to share data with the government. While Silicon Valley’s elite have snubbed the event, Cook’s appearance could be a big deal in his effort to advocate for the importance of privacy for users. Tim Cook’s appearance is expected soon, while President Obama is scheduled to take the stage at 2:15 ET.
Jimmy Iovine, Tim Cook, Andre Young, and Eddy Cue. Photo: Apple
Apple plans to launch a new streaming music service this spring, but music industry insiders say Apple isn’t trying to just compete with Spotify, it wants to become the music business.
Tim Cook and Jimmy Iovine were two of the most in-demand people at this year’s Grammys. Eddy Cue and iTunes VP Robert Kondrk were also in attendance according to a new report from Billboard, which claims artists and labels execs alike were lined up at Clive Davis’ pre-Grammy gala to get a meeting with the biggest names in tech that are now poised to take on music, again.
Jimmy Iovine has devoted recent weeks to meeting senior execs at major and indie labels to talk about the new music service that will launch by summer at the latest and come alongside a major redesign of the iTunes Store as the company struggles to adapt to decline music sales.
That changed yesterday, when Apple gave reporters from San Francisco news outlet KQED an up-close-and-personal glimpse at its flying saucer-shaped headquarters, which will eventually house up to 15,000 employees.
Along with photos showing the development, the reporters also heard a few environmentally friendly factoids about the campus — such as the fact that it will use recycled water to flush toilets, solar arrays to meet the majority of energy needs, and that the older buildings Apple inherited when it bought the land were broken down and recycled for new building materials.
Life at Apple has been phenomenal ever since Tim Cook took over as CEO. AAPL shares are up 120 percent. 750 million iOS devices have been sold. $100 billion was returned to shareholders. And Apple just became the first $700 billion company in history.
To celebrate a successful 2014 campaign, Cook sat down with Goldman Sachs President Gary Cohn today to talk about how Apple achieved its unbelievable results, as well as what other tricks the company has up its sleeves.
Here are the 12 biggest revelations from Cook’s Goldman Sachs tech conference appearance: