Tim Cook - page 11

5 key things to watch for in Apple’s most boring earnings report of 2019

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Earnings call
Apple's Q1 2020 earnings report will probably break some records.
Photo: Jim Merithew/Cult of Mac

The most yawn-inducing Apple earnings call of the year is just days away, and Wall Street is eagerly anticipating the results — though maybe for reasons you wouldn’t expect.

Apple CEO Tim Cook and CFO Luca Maestri are scheduled to hop on the phone with investors at 2 p.m. Pacific next Tuesday for Apple’s Q3 2019 earnings call. Even though Apple doesn’t reveal quarterly sales for iPhones anymore, there are a lot of metrics to look for that could clue us in on how well or poorly the company is performing lately.

Keep an ear out for these five things during Apple’s July 30 earnings call.

Jeff Williams might be Apple’s next Tim Cook

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Apple COO Jeff Williams
Williams is next in line for the CEO’s office.
Photo: Apple

Apple operations chief Jeff Williams is the most important person at the company after CEO Tim Cook, according to a new report.

Williams, who has also taken over Apple’s design studio following the departure of Jony Ive, is thought to be first in line to replace Cook when the time is right.

“He’s very much in the mold of the current chief executive: a paragon of operational efficiency and even temper,” said several current and former colleagues.

These 8 words persuaded Angela Ahrendts to join Apple

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Angela Ahrendts.
Angela Ahrendts at the iPhone X keynote.
Photo: Apple

It took Apple nearly a year to convince Angela Ahrendts to ditch Burberry join Apple as the company’s head of retail.

Ahrendts discussed Apple’s recruiting process in a recent podcast interview and said a 2012 Fortune magazine feature put her on Apple’s radar because Tim Cook was on the cover. Cook apparently tried to get Ahrendts to join Apple shortly after but Ahrendts felt like the timing wasn’t right. Months passed and she had another meeting with Cook who said eight words that completely changed Ahrendts’ life.

Apple’s ‘two spiritual soulmates’ have left the building

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Walter-Isaacson-Jony-Ive
Without Jobs and Ive, Apple can’t design, Isaacson says.
Photo: CNBC

Walter Isaacson says Apple has lost “these two spiritual soulmates who just lived and breathed the beauty of products.”

The Steve Jobs biographer believes the company still know how to execute, but that it has missed out on a number of opportunities for exciting new products — including an Apple TV set.

Jony Ive’s successor could someday replace Tim Cook at Apple’s helm

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Apple COO Jeff Williams
Williams is next in line for the CEO’s office.
Photo: Apple

Apple’s COO Jeff Williams won’t take on the departing Jony Ive’s title of Chief Design Officer but he’s nevertheless stepping into the role.

A new profile in The Wall Street Journal quotes sources who question whether Williams has the vision to take Ive’s place. Even so, some are looking at this executive to someday replace CEO Tim Cook.

Why’d Jony Ive quit Apple? Troubling details emerge … this week on The CultCast

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CultCast 395
Just why did Jony call it quits?

This week on The CultCast: A new report details why Jony Ive is departing Apple, and it paints a troubling picture. Plus, Leander tells us about the “fiddle factor,” the unique quality that made Ive our time’s greatest designer.

Our thanks to Squarespace for supporting this episode. Easily create a beautiful website all by yourself, at Squarespace.com/cultcast. Use offer code CultCast at checkout to get 10% off your first purchase of a website or domain..

Tim Cook doesn’t censor Apple TV+ shows

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Apple TV+ could have 26 million paying subs by 2025; 2.6 million currently
Apple CEO Tim Cook isn’t telling the people creating Apple TV+ shows how to do their jobs.
Photo: Apple

Eddy Cue, Apple’s point man on music, video and other service offerings, denies reports that he and Tim Cook are forcing the producers of Apple TV+ shows make them all squeaky clean and family friendly.

Instead, he says the intent is to create a broad array of offerings for its upcoming streaming video service, including ones for “mature adults.”

Tim Cook slams alleged rift with Jony Ive as ‘absurd’

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2018 interview with Tim Cook suggests Apple was working on iCloud backup encryption
Cook says the projects the design team is working on will blow you away.
Photo: Apple

Apple CEO Tim Cook is firing back on a report that surfaced over the weekend claiming design boss Jony Ive drifted away from the company.

Ive allegedly stopped coming into Apple HQ as frequently once the first Apple Watch launched, according to the Wall Street Journal‘s report. The newspaper also claimed Tim Cook’s inattentiveness to the design team caused the two sides to grow apart. Responding to an NBC reporter via email, Tim Cook said the story is “absurd.”

Tim Cook discusses Jony Ive departure in memo to Apple employees

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Jony Ive
Jony Ive is finally free.
Photo: Apple

Apple CEO Tim Cook sent a memo to all Apple employees Thursday informing them that long-time Chief Design Officer Jony Ive is leaving the company.

Instead of talking about the giant hole Ive will leave behind, Cook spun the Apple design guru’s exit as an “important evolution” for the company. He also talked about how great it will be for everyone as Ive pursues his passions as head of his new design firm, LoveFrom.

Jony Ive has been on his way out of Apple for years

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Jony Ive CultCast
Ive only visits Apple's campus a couple of times a week.
Photo: BBC

News of Jony Ive’s departure from Apple may have come as a shock to some, but to many others, it has been a long time coming. A new report claims Ive has been slowly reducing his responsibilities since the launch of Apple Watch.

Sources close to Apple have revealed that Ive has been visiting the company’s new headquarters as little as twice a week. “This has been a long time in the making,” one said.

LGBTQ employees want Google kicked out of SF Pride parade

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SF pride
Apple employees marching in the SF Pride parade.
Photo: Tim Cook/Twitter

Some of Google’s LGBTQ+ employees have petitioned the San Francisco Pride board of directors to kick the search engine giant out of the SF Pride parade slated for this weekend.

The Google employees posted an open letter this morning saying they’ve spent countless hours trying to get Google to improve policies and practices regarding the treatment of LGBTQ+ persons, but the company has done nothing. Even though they might get in trouble for writing the letter, nearly 100 employees signed it, urging the parade to reject Google’s failure to act.

Apple warns U.S. tariffs would hurt its global competitiveness

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Activist shareholders push Apple on why it booted Hong Kong protest app
Activist shareholders push Apple on why it booted Hong Kong protest app
Photo: Fredrik Rubensson/Flickr CC

Apple warned U.S. trade representatives this week that President Donald Trump’s plan to impose more tariffs on Chinese goods will negatively impact its contributions to the U.S. economy.

In a letter written to U.S. trade representative Robert Lighthizer, Apple urged the government not to impose tariffs. The new set of tariffs would make Apple’s products more expensive and give Apple’s competitors an advantage.

Tim Cook’s fight for LGBTQ rights earns him ‘Champion Award’

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Tim Cook talks diversity, sustainability, and coming out as gay
Cook’s award shelf is quickly running out of room.
Photo: Apple

Tim Cook will receive the “Champion Award” from GLSEN later this as recognition for his ongoing fight for LGBTQ rights.

Cook says he is “grateful” for the honor and insists Apple’s commitment to inclusion helps it do its “best work, each and every day.” This is one of several awards he has earned for his efforts since becoming Apple CEO.

Tim Cook has staggering 92% approval rate from Apple employees

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Tim Cook still hid a few surprises up his sleeve for the iPhone X event.
With these kind of approval rates, Cook should run for politics.
Photo: Apple

Tim Cook is one of America’s top CEOs based on financial performance. But he’s also a CEO picked out as one of Glassdoor’s “employee’s choices” of chief exec.

Glassdoor, for those unfamiliar with it, is a website which allows employees to anonymously review companies and their management.

Cook’s Stanford speech pays homage to Jobs’ legendary address

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Steve
Steve Jobs delivered his own iconic commencement address in 2005.
Photo: Stanford University

During his stint as Apple CEO, Tim Cook has repeatedly credited his predecessor, Steve Jobs. But he’s also worked to make Apple into a company that doesn’t slavishly follow the path laid out by Jobs. This is most clearly seen by Cook’s doubling down on privacy, and push to embrace social causes such as LGBT rights.

That mixture was on display Sunday, when Cook delivered a commencement speech at Stanford University. In doing so, he paid homage to the legendary June 2005 Stanford address delivered by Steve, while putting his own stamp on things.

Here’s how:

Trump and Tim Cook go face-to-face to talk US trade policy

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Apple shares suffer biggest decline since August
Tim Cook and Donald Trump at one of their earlier meetings.
Photo: White House

Apple’s CEO quietly made a visit to the White House today, where Tim Cook met with Pres. Trump to discuss trade and other matters.

The tax Trump is threatening to put on all Apple’s imports from China as part of his ongoing trade war has to have been prominent.

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.

Apple’s epic WWDC 2019 keynote was the best in years

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Nailed it! Craig Federighi onstage during the WWDC 2019 keynote.
That pretty much sums it up.
Photo: Apple

WWDC 2019 bug Like a blockbuster movie, Apple’s jaw-dropping WWDC 2019 kickoff served up a boatload of things that make us swoon: fun new features, LOL-worthy jokes, actual soulful moments and unexpected twists.

Perhaps most surprising — in an era of rampant leaks — Apple even delivered a legitimate surprise when it showed off its highly anticipated Mac Pro computer. That monster machine might look a little familiar, but the modular design and audacious specs got the world buzzing. (So did that cringe-inducing $5,999 price tag. That’s the starting price.)

And, like most modern movies, the WWDC 2019 keynote lasted about 15 minutes too long.

Tim Cook donates to memorial fund for beloved Auburn couple

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2018 interview with Tim Cook suggests Apple was working on iCloud backup encryption
Cook spoke warmly of Rod Bramblett and wife Paula.
Photo: Apple

Tim Cook has donated $25,000 to a family memorial fund for former Auburn college sports broadcaster Rod Bramblett and wife and fellow Auburn employee Paula.

The couple, who are survived by their two children, died in a car crash over the weekend. Their vehicle was hit by a teenaged driver at an intersection.

Apple donates products to New Orleans’ Ellis Marsalis Music Center

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Tim Cook talks diversity, sustainability, and coming out as gay
Tim Cook was in town to give a commencement speech at Tulane University.
Photo: Apple

After giving his commencement speech for Tulane University on Saturday, Tim Cook visited the nearby Ellis Marsalis Center for Music.

He met with founders Ellis Marsalis and Harry Connick Jr. He also announced that Apple will be donating Apple products to help produce music in EMCM’s studios.

Tim Cook tells graduates what it really means to love your job

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2018 interview with Tim Cook suggests Apple was working on iCloud backup encryption
Remember that tired old adage about a job you love not being work? Tim Cook just threw it out the window.
Photo: Apple

During a commencement speech at Tulane this morning, Apple CEO Tim Cook gave graduates a new twist on the old adage about finding a job you love. He also talked about Apple’s vision to “move humanity forward.”