Tim Cook talks Facebook versus Sign in with Apple in new interview

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Sign in with Apple
"Sign in with Apple" is a new privacy feature in iOS 13.
Photo: Alfred Ng

Sign in with Apple might be the most underrated feature to come out of the WWDC 2019 keynote. A lot of analysts, including Cult of Mac founder Leander Kahkney, think it’s a big shot at Facebook. The social media giant has become one of the iPhone-maker’s favorite companies to hate on recently, but Apple CEO Tim Cook says the new feature isn’t targeting Facebook.

Trump’s tariffs may increase iPhone prices by 14%

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Donald Trump and Tim Cook
Apple CEO Tim Cook and President Donald Trump in a White House meeting earlier this year.
Photo: White House

Apple may soon be forced to raise iPhone prices if Donald Trump’s latest round of proposed tariffs on Chinese imports goes into effect.

Trump wants to slap tariffs on the remaining $300 billion worth of Chinese goods. The Office of U.S. Trade Representative began the approval process this week. Those tariffs could go into effect by June 24 and if that happens, some analysts predict Apple will raise iPhone prices by 14% or more to offset the costs.

Tim Cook explains why Apple isn’t a tech company anymore

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Tim Cook and Co. bring the hardware heat at The Brooklyn Academy of Music during the
Apple is now a consumer company.
Photo: Tim Cook

Apple CEO Tim Cook sounded absolutely ecstatic to count Warren Buffett as one of his company’s investors during an interview at Berkshire Hathaway’s shareholders meeting this morning.

Cook made a cameo in the company’s opening video — that also introduced Apple’s new Buffett-themed game — and sat down with CNBC to talk about his relationship with Warren, Apple’s culture, privacy and more.

Warren Buffett is skeptical of Apple’s entertainment play

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Buffett
Warren Buffet is Apple's biggest investor.
Photo: CNBC

Mega-investor Warren Buffett doesn’t sound too confident in Apple’s ability to dominate the entertainment industry.

The Oracle of Omaha said in a recent interview that there are so many big players trying to grab eyeballs in the streaming industry that he wouldn’t want to play that game himself. Even though he’s not gung ho on Apple’s TV service, he also doesn’t sound worried if Apple doesn’t knock it out of the park.

Spotify CEO does not fear Apple’s massive cash pile

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Spotify
Spotify is dominating audio streaming.
Photo: Jim Merithew/Cult of Mac

Spotify is making a push to cement its self as the best audio platform in the world. The company revealed today that it acquired two podcasting companies and that it plans to spend big on original audio content.

Despite growing competition from Apple, Amazon and YouTube, Spotify is inching closer to having 100 million paid subscribers. In an interview on CNBC this morning, Spotify CEO Daniel Elk didn’t sound worried one bit about Apple and Amazon spending tons of cash to beat Spotify.

Tim Cook: New services coming to Apple in 2019

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Tim Cook
Unsurprisingly, he won't spill the beans on what they are.
Photo: Apple

Tim Cook teased new services that will be coming to Apple users this year. Responding to questions about falling iPhone sales during a CNBC interview, Cook stressed the way that Apple’s services division has grown significantly in the past several years.

“The services are on a tear,” Cook said. “On services, you will see us announce new services this year. There will more things coming.”

Tim Cook claims Apple’s long-term health has ‘never been better’

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Tim Cook and Ivanka Trump
Tim Cook's year is off to a rocky start.
Photo: Apple

Apple CEO Tim Cook is set to make an appearance on CNBC investing show Mad Money later today to defend Apple in light of recent setbacks.

The company warned last week that iPhone upgrades for the last quarter were lower than expected. After investors received the guidance on lower revenue for Q1 2019, Apple shares continued their downward slide, which has been pretty much nonstop since the company posted its Q4 2019 results.