Tim Cook elaborated on some of the reasons for Apple’s declining iPhone sales during an interview with CNBC Fast Money’s Josh Lipton.
Cook said that the shortfall on Apple’s part is entirely related to the iPhone, and primarily its performance (or lack thereof) in Greater China. However, he also touched on several other issues — including the challenges of Apple’s battery replacement program.
Tim Cook is reportedly hosting an all-hands meeting with every Apple employee today about the revelations regarding stalling iPhone sales.
The news caused Apple shares to plummet in after-hours trading, taking some Apple suppliers with it. As part of the meeting, Cook will spell out what the news means, and take questions from employees.
Apple CEO Tim Cook warned investors today that weak iPhone sales could translate into revenue shortfalls in the billions of dollars.
Cook blames the expected revenue drop on fewer-than-expected iPhone upgrades and weakened demand in China.
Few brands stir the passions like Apple. Be it a rumor, stock speculation, a glowing gadget review or a president’s bombastic tweet, Apple, its devices and the people who make them always seem to be part of a conversation.
So to curate the best quotes about Apple for 2018 is as daunting as choosing your favorite word in the dictionary. There are so many — and best is a matter of taste. How do you pick?
Waze CEO Norm Bardin will never forget the day his company started on the path from small startup to becoming practically a household name. He says the beginning of this rise is all due to Apple and its CEO.
But that wasn’t really Tim Cook’s plan. Waze’s success is due to a bad, bad time for Apple.
2018 has been one of the best years ever for Apple. Looking at some of the company’s most popular metric shows that the numbers are up across the board (stock price excepted).
Never before have there been more developers making more money off iOS while Apple extends its ever-growing reach. Revenue hit an all-time high. And the next big thing feels like it’s just on the horizon.
Here’s Apple’s 2018 by the numbers.
Apple Pay will finally make its debut in Germany this week, according to a new report.
Tim Cook previously promised that the mobile payments service would be available in Germany by the end of the year, while local webpages were recently updated to confirm it is “coming soon.”
You’d think Tim Cook would be too busy running Apple to be tweeting about surfing, but you’d be wrong. Well, kind of.
In fact, Cook tweeted over this weekend in praise of the cover of the year end issue of Surfer’s Journal magazine. The front of the mag features a dazzling bit of water-based sports photography which, you guessed it, was shot on an iPhone.
Apple shared two videos on YouTube this morning highlighting the life-saving power of the Apple Watch and its heart rate sensor. In one of the videos, numerous Apple Watch owners share their stories of how Apple Watch alerted them to a serious heart condition.
The videos come on the same day that Apple’s ECG feature on Apple Watch Series 4 was finally made available to the public. Tim Cook said in an interview today that improving people’s health will be Apple’s greatest contribution to mankind. After watching the two new videos, it’s easy to see that he’s probably right.
You might want to grab a tissue:
Apple’s Electrocardiogram (ECG) feature on the Apple Watch Series 4 is finally launching to the public today and according to Tim Cook, it could be one of the most important things his company ever does.
Tim Cook and Apple COO Jeff Williams are putting on a full-court media press today doing interviews with TIME and CBS This Morning. With hundreds of millions of iPhones in pockets around the world and watches on tens of millions of wrists, Apple says it has a responsibility to empower people with more information about their health.
During his acceptance speech for the Anti-Defamation League’s first ever “Courage Against Hate” award today, Apple CEO Tim Cook made it clear that his company won’t shy away from taking moral positions.
“We only have one message for those who seek to push hate, division or violence: You have no place on our platforms,” Cook said.
This week on The CultCast: We tell you how iPhone’s Smart HDR takes pics better than cameras costing thousands, and how a proper Apple Camera would be positively unstoppable. Plus: The Supreme Court may force Apple to allow competing app stores; proposed tariffs on the iPhone could send prices sky-high; and Apple says the XR is one of the best-selling iPhones ever.
Our thanks to LinkedIn for supporting this episode. A business is only as strong as its people, and every hire matters. Head to LinkedIn.com/cultcast and get a $50 credit toward your first job post.
Apple CEO Tim Cook and presidential adviser Ivanka Trump were greeted by happy students with iPads as the two visited Wilder Elementary School in Idaho today.
But not everyone is happy with the iPads that Apple gave to school as part of a grant two years ago. A small group of protesters criticized the iPad program, saying the tablets actually get in the way of teachers teaching.
If you’ve ever wondered if anyone at Apple ever sees the online comments people post about iPhone, Mac, etc., you can rest easy: No less a person than CEO Tim Cook reads them every day.
And you might be surprised at how much time he spends doing so.
Apple CEO Tim Cook will join Ivanka Trump today to visit schools in Idaho to observe how they use technology for workforce development and STEM initiatives.
The meet-up with Ivanka Trump will come hours after Apple stock prices fell thanks to plans by her father, President Donald Trump, to slap new tariffs on iPhones. Trumps daughter is an advisor in his administration.
This week on The CultCast: Did you know about Apple’s super-secret special return and exchange policy? We’ll tell you what it is, and how to use it if you’re unhappy with your Apple purchase but outside your 14-day return window. Plus: A quest to trade up — the stories of three MacBook Pro owners trying to get Apple to trade in their newly purchased 2018 MacBook Pros for models with the brand new, smoking-fast Vega 20 GPUs. And finally, and most importantly: Happy Thanksgiving!
Our thanks to Gantri for supporting this episode. Gantri’s 3D-printed lights are both beautiful and affordable. Check them out in AR at gantri.com/cultcast, and use code CultCast at checkout for $20 off.
It seems that the majority of Americans agree with Tim Cook when it comes to regulating data-hungry tech giants, a new survey suggests.
Carried out by Axios, the survey suggests that 55 percent of people are concerned that the federal government isn’t doing enough to regulate large tech companies.
Tim Cook thinks the tech industry has “missed” doing enough to push gender diversity to break up the male dominated culture in Silicon Valley.
Cook answered the question as part of an Axios interview on HBO, which aired on Sunday. In addition to talking gender diversity, Cook also discussed his daily routine, concerns about the mental impact of Apple devices on users, and privacy regulation.
The Anti-Defamation League is awarding Tim Cook with its first ever “Courage Against Hate” award for his work championing causes of unity, diversity, and social progress.
Cook will receive the award in a December 3 ceremony in New York City, as part of ADL’s annual “Never Is Now Summit.” Along with receiving the award, Cook will also deliver the keynote address.
Apple CEO Tim Cook revealed this morning that his company will donate to help relief efforts related to fires ravaging Northern and Southern California.
The town of Paradise, California, in NorCal was pretty much burned to the ground yesterday after the Camp Fire roared across Butte County, about 90 miles north of Sacramento. Fires are continuing to gain momentum, which could make the damage even more colossal than officials previously thought.
Apple’s last earnings call of 2018 kicks off in an hour, and it’s shaping up to be the company’s biggest Q4 report ever.
Shares of Apple stock have been on an upward trend the last few days as investors eagerly await their first glimpse at iPhone XS sales figures. Apple CEO Tim Cook and CFO Luca Maestri are set to get on the phone with investors at 2 p.m. Pacific this afternoon. We’ll be right here live-blogging all the action with as much witty analysis as we can must.
Come join the fun!
Hot on the heels of Tuesday’s big keynote, Apple is set to unleash its final earnings report of 2018 on Thursday, November 1. The report will give investors their first glimpse into how well the iPhone XS and iPhone XS Max are selling.
Apple shares are trading up again today after climbing Tuesday, signaling that Wall Street is pretty optimistic about Apple’s ability to rake in the cash. Tim Cook and Apple CFO Luca Maestri are set to get on the phone with investors at 2 p.m. Pacific today — and there are some key areas investors will be watching intensely.
Apple finally gave its Mac and iPad Pro lineups some much-needed love today during its big ‘There’s More in the Making’ event in New York.
Tim Cook and company brought out some new faces to introduce some gorgeous new products for the company’s last event of the year. Even though we already had a solid idea of what to expect, the company still managed to throw in some surprises and blow away our expectations.
These are the biggest takeaways from the More in the Making keynote:
Apple’s ‘More in the Making’ keynote is less than 24 hours away where the company is expected to unveil a slew of new iPads and Macs.
Unlike last month’s iPhone keynote at Apple Park, this week’s event will be hosted at the Brooklyn Academy of Music and it’s starting early at 10 a.m. ET. If you didn’t get an invite to the event, don’t worry, the entire thing will be live-streamed.
Here’s how to tune in on whatever device you’re using.
The iPhone XR is out and, for the first time in years, Apple’s most exciting device isn’t the one that commands the really big bucks. For all the talk of an “Apple tax,” 2018’s coolest iPhone starts at just $749. That’s half the price of a top-of-the-line iPhone XS Max.
And that’s seriously great news for fans.