Tim Cook - page 32

Apple rehires cryptography expert to tighten security 

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Apple is ready to tighten security.
Photo: Milo Kahney/Cult of Mac

Renowned practical cryptography expert Jon Callas is returning to Apple to help the iPhone-maker stay ahead of hackers and the FBI in its on going battle with security. 

Callas co-founded well known secure communications companies such as Silent Circle, Blackphone, and PGP Corp. This will be his third stint at Apple where he is expected to ramp up security features across Apple’s wide ranging product line up.

Tim Cook admits iPhone is too damn expensive

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Apple's Q2 earnings weren't that impressive.
Tim Cook has no desire to make great devices for poor people.
Photo: Jim Merithew/Cult of Mac

Buying an iPhone is a major financial decision for most people that pine for Apple’s pricey products, but according to CEO Tim Cook, the iPhone could soon see a price cuts in certain markets.

During his heavily publicized tour of India, Tim Cook sat down for an interview with Vikram Chandra on NDTV to talk about Apple’s interest in the country. When asked about whether the iPhone is too expensive, especially considering some features don’t work in countries outside the U.S., Cook actually acknowledged the price is a bit steep.

Indian actor teases ‘Apple VR’ after meeting Tim Cook

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Virtual reality was one of the first iPhone accessories Apple considered. Photo: USPTO/Apple
Is Apple finally getting eady to make this a reality?
Photo: Apple

Is Apple finally going to dip its toe into the fast-growing world of virtual reality?

Everyone’s been waiting for the Cupertino company to make its move as devices like the Samsung Gear VR become increasingly popular, and according to Indian actor Emraan Hashmi — who met with Tim Cook this week — “Apple VR” is on its way!

Tim Cook’s visit to India will be insanely busy

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Apple supplier is increasing its ability to build masses of iPhones in India
Tim Cook's got big plans while in India.
Photo: Ste Smith/Cult of Mac

Tim Cook doesn’t get much downtime to enjoy being the king of all things Apple, does he?

Recently he was troubleshooting in China, and now Apple’s CEO has landed for a week-long stay in India, with five other senior Apple execs, during which time they will meet with top execs and politicians in the country, visit the location of Apple’s new tech development center, and much more.

Watch Tim Cook jam with one of China’s biggest pop stars

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Tim Cook is ready to rock you.
Tim Cook is ready to rock you.
Photo: Apple

Apple CEO Tim Cook will probably never win a Grammy for his erhu skills but he can say that he got to have an erhu jam battle with one of Asia’s biggest popstars.

During his star-studded tour of China, Tim Cook met up with JJ Lin to play a new song on the new Garageband app that’s been updated to celebrate China’s musical history with over 300 musical samples, and new instruments like Chinese percussions, pipa and erhu.

Checkout Cook playing JJ Lin’s new song “The Key” on his iPad:

Apple’s building a start-up accelerator in India

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The next iPhone will have a huge battery.
Apple plans to help India develop iOS apps.
Photo: Ste Smith/Cult of Mac

Apple CEO Tim Cook will have a lot to talk about with India’s Prime Minister Narendra Modi when Cook touches down in the country later this week.

The iPhone-maker is ready to make a big push into India, and according to a new report, that will include investing in India’s start-up scene with an incubator focused on helping companies in the country that build iOS apps.

Warren Buffett is betting big on Apple

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iphone stocks app
Berkshire Hathaway's investment in Apple could send the price back up.
Photo: Ste Smith/Cult of Mac

Some of the world’s biggest investors have ditched their Apple shares lately, but where others see doom and gloom Warren Buffett sees an opportunity to make some serious money. 

Warren Buffet’s legendary investment firm Berkshire Hathaway has taken a large position in Apple stock, scooping up 9.81 million shares, worth about $1.07 billion.

Apple’s changing auto design without even having a car out

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Apple car truck
We're pretty sure the Apple Car won't look like this. Not a chamfer in sight.
Photo: devastatormonstertruck.com

We haven’t even gotten an official announcement of the Apple Car yet, but it looks like the company is still working its way into the automotive industry.

That’s according to the staff at car news site The Drive, which placed Apple’s chief design officer Jony Ive and CEO Tim Cook on its list of “The 10 Most Influential People in Automotive Technology.” They didn’t top the list, however; that would be crazy. But they did place higher than some people who are actually in charge of real vehicles that people are driving around right now.

But The Drive backs its decisions up pretty well.

Tim Cook to talk business at startup conference

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Tim Cook
Tim
Photo: Jim Merithew/Cult of Mac

Apple CEO Tim Cook is set to make another major public appearance in the lead up to WWDC next month.

Startup Fest Europe revealed that Cook will be the opening speaker at the conference on Tuesday May 24th. It’s unknown what Cook’s keynote will focus on, though his remarks may touch on his mastery of streamlining processes for business and possibly enterprise, which has become a bigger focus for the company recently.

Tim Cook will face off with Chinese officials this month

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Cook could be headed for a shoot-out in China. Not literally, of course.
Photo: The West/Ste Smith

Tim Cook is set for a verbal shootout in China as he meets with high-ranking officials in Beijing later this month to discuss some critical issues Apple faces in the country.

The visit comes at a time when Apple is facing various problems in China, including the loss of its exclusive iPhone trademark, and the Chinese government’s decision to ban the company from operating its iBooks and iTunes Movies stores locally.

Tim Cook lunch raises mad money for charity

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Tim Cook Apple March 21 event
How much would you pay to have lunch with Tim Cook?
Photo: Apple

Bidding for Tim Cook’s latest Charity Buzz lunch auction has finally closed, and unless you were willing to part with some huge stacks of money, you had absolutely no chance of winning. 

Cook’s latest auction didn’t shatter his previous record of $610,000 raised for the RFK Center for Justice and Human Rights, but it got pretty close.

Tim Cook promises iPhone features you’ve never dreamed of

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LOVELOUD
Everything at Apple is great. Promise...
Photo: Jim Merithew/Cult of Mac

Future iPhones are going to be so amazing, you probably haven’t even thought of the features Apple is going to add, Tim Cook claimed in a recent interview.

The Apple CEO appeared Monday on Mad Money in an effort to abate the company’s bleeding stock price following last week’s less-than-stellar earnings call. Cook reassured investors that the rumors of Apple’s demise have been greatly exaggerated once again.

While lackluster iPhone sales last quarter have scared off mega-investors and analysts alike, Cook promised some incredible innovation is in the pipeline. In addition to touting upcoming iPhone features, Cook’s wide-ranging conversation with Mad Money host Jim Cramer touched on everything from the Apple Watch being (inaccurately) dubbed a flop to Apple’s growing interest in India and much more.

Here are the highlights:

Apple stock hit with biggest drop since 2013

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Apple shares are taking a dive.
Photo: Ste Smith

Apple’s Q2 2016 earnings have been disasterous for the company’s share price, as AAPL stock suffered its worst week in three years.

Wall Street has suddenly soured on Apple, including Carl Icahn, who revealed earlier this week that he dumped all of his shares. With investors offloading shares, the company watched its market capitalization shrink by $65 billion in a mere three days, which is about the equivalent of Cambondia’s net wealth. 

Apple’s CEO security budget is surprisingly low

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Tim Cook WWDC 2015
At least he has that knife.
Photo: Evan Killham/Cult of Mac

Apple doesn’t spend the least of any huge company on security for head Tim Cook, but it’s way less than we expected.

Considering the iPhone maker is the biggest company, well, ever, we thought that its board might be especially interested in shelling out some major coin to keep Cook safe. But we looked at several different corporations, and Apple’s spending on CEO security is on the lower end.

Like the way lower end. As in, you would not believe how much Facebook pays to keep founder and head Mark Zuckerberg alive.

Mega-investor Carl Icahn gives up on AAPL

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iphone stocks app
Apple shares are taking a dive.
Photo: Ste Smith

Apple’s biggest cheerleader on Wall Street, Carl Icahn, is getting rid of all of his AAPL shares after the iPhone-maker reported its first year-over-year decline in revenues for the first time in 13 years.

The iconic investors has insisted for years that Apple shares are grossly undervalued and has made over $3.4 billion investing in Apple. Now Carl is throwing in the towel even though he still thinks the stock is ridiculously cheap.

Apple pushes U.S. government to teach kids how to code

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Tim Cook takes home $125 million for Apple’s best year since 2009
Tim Cook added his name to this important petition.
Photo: Jim Merithew/Cult of Mac

With its recent purchase of educational startup LearnSprout and its “Hour of Code” programming classes at Apple Stores, Apple has demonstrated that it’s pretty darn serious about education.

Proving this once again, CEO Tim Cook this week put his name to a petition asking the U.S. Senate and House of Representatives to provide $250 million in federal funding to school districts so as to allow every K-12 student in the United States to learn how to code.

Apple revs up R&D spending amid iCar rumors

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Apple Car might be coming, but will it be special?
Apple Car might be coming, but will it be special?
Image: Aristomenis Tsirbas/Freelancer

Apple may have reached peak iPhone this quarter after posting declining revenues for the first time since 2003, but rest assured the company is working on the next big thing. 

Tim Cook boasted about the amazingly innovative products coming down Apple’s pipeline, and the company’s latest spending figures show its throwing more money than ever at new ideas. 

8 optimistic takeaways from Apple’s slumptastic earnings call

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Is it time for Apple to get spiritual?
Is it time for Apple to get spiritual?
Photo: Ste Smith/Cult of Mac (original image: Wired)

With quarterly revenue declining for the first time in more than a decade, Apple execs Tim Cook and Luca Maestri put on their game faces during today’s Apple earnings call to tell us why things aren’t really all that bad in Cupertino.

The sad truth is that slumping iPhone sales, which joined the iPad and Mac lineups in the down column, will likely take a toll on Apple’s image — and on its stock price.

Still, there were plenty of other intriguing and optimism-inspiring things we heard during Apple’s Q2 2016 earnings call. Here are the most important takeaways from this historic Apple moment.

Liveblog: Apple’s toughest earnings call in a decade

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How bad is peak iPhone?
Photo: Ste Smith

Apple earnings calls are usually a time for celebration and gloating, but for the first time in over a decade the company is poised to post declining profits.

Tim Cook warned Wall Street that this would likely happen due to declining iPhone sales. Have we really reached “peak iPhone”?

Analysts and reporters will be grilling Cook and Apple CFO Luca Maestri during today’s Q2 2016 earnings call. Investors will be looking for signs that Apple still has room to grow. And Cult of Mac will be right here, liveblogging the entire Apple earnings call — and translating the financial gibberish — when the big event starts at 2 p.m. Pacific.

Get in on the action below:

iPhone sales slump breaks Apple’s 13-year growth streak

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Will Apple reach its own targets for Q2?
Investors just got some bad news.
Photo: Ste Smith/Cult of Mac

Apple’s phenomenal run of growing profits has come to an end. For the first time in 13 years, Apple announced that its profits declined year-over-year during the last fiscal quarter.

The company just posted its earnings report for Q2 2016 and, as predicted, iPhone sales took a serious hit. Apple only shipped 51.6 million devices last quarter, resulting in $50.6 billion in total revenue and a quarterly net income of $10.5 billion.

Apple CEO Tim Cook admitted the company had a challenging quarter but is still incredibly optimistic, despite what many analysts are calling “peak iPhone.”

Want lunch with Tim Cook? Consider selling your house

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Tim Cook's next WWDC keynote is right around the corner!
We like to think that this is how Tim orders dessert.
Photo: Forbes

You still have time to raise some scratch if you want to put in a bid on Charitybuzz’s annual auctioning-off of lunch with Tim Cook. The bidding is just barely into sextuple digits with a little under 10 days to go.

In addition to an epic meal time with the Apple CEO for a winner and their plus-one, the prize package also includes VIP passes to an Apple keynote. And of course, your donation will go to Cook’s favorite charity.

Apple could get shut out of China

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China iPhone sales
Apple CEO Tim Cook meets with Apple Store employees in China.
Photo: Apple

The closing of the iBook Store and iTunes movies in China might be the country’s first steps toward shutting Apple out, according to a leading expert on global political risks for corporations. 

China has already become the second largest market for Apple in terms of sales, but the iPhone-maker could find itself banned from the country just like Facebook due to its privacy strategy that has already come under fire from government regulators.