Apple is making a $1 billion investment aimed at boosting high-tech manufacturing jobs in the United States, CEO Tim Cook said today.
“We asked ourselves, ‘How can we get more people to do advanced manufacturing in the United States?'” Cook said during an interview with Mad Money’s Jim Cramer at Apple Campus today. “And I’m proud to tell you that we’re creating an advanced manufacturing fund. We’re initially putting $1 billion in the fund.”
Apple CEO Tim Cook set Twitter ablaze with speculation today — and all it took was a simple smiley face emoji.
Cook sent out a tweet with just a smiley face emoji this morning. No other context was provided, and the tweet got deleted shortly later, leading Apple fans on Twitter to wonder what the most powerful man in tech was really trying to say.
These are the most popular theories:
The royalty battle between Qualcomm and Apple just took a nasty turn, according to a new report that claims the chipmaker is aiming to deal a major blow to Cupertino’s iPhone business.
Hot off the heels of his riveting Q2 2017 earnings call, Apple CEO Tim Cook is set to make an appearance on CNBC’s Mad Money show for investors.
Apple’s Q2 earnings report for 2017 just barely beat Wall Street’s expectations when the numbers were revealed this afternoon, but there are plenty of reasons to still be optimistic about AAPL.
During the company’s call with investors today, Apple CEO Tim Cook and CFO Luca Maestri discussed some of the struggles the company experienced last quarter, from slumping iPhone sales to economic headwinds in China.
Here are the biggest takeaways:
Apple is set to reveal its second quarterly earnings report of 2017 this afternoon. And according to analysts, the numbers won’t be nearly as impressive as last quarter’s record-shattering results.
Tim Cook and Apple CFO Luca Maestri will run through all the numbers with investors today at 2 p.m. Pacific. As usual, Cult of Mac will be liveblogging the action with all the analysis and snark we can muster.
Come join the fun:
Apple just posted its earnings for Q2 2017 and while the numbers aren’t as monstrous as last quarter’s, there’s a lot to love in the new report.
With revenues hitting $52.9 billion, Apple returned to growth for the second straight quarter with $11 billion in profit. iPhone sales were down year-over-year, but Apple CEO Tim Cook says demand for the iPhone 7 Plus is still high.
Want to have lunch with Tim Cook at the brand new Apple Park campus?
If you answered “yes,” and you happen to also be in possession of tons of disposable income, you’re in luck — because that’s what is being auctioned off as part of the 10th Annual Robert F. Kennedy Human Rights Spring Auction on Charitybuzz.com. And it’s already open for bids!
Apple is set to reveal its second quarterly earnings report of 2017 next Tuesday, and based on early estimates from analysts, Tim Cook might not have much to boast about.
Wall Street has been in love with Apple stock the last few months, sending it to all-time highs since the last earnings report came out. But with the holiday shopping season over and a lack of new products to boost sales, Apple’s numbers may look a bit flat.
These are the key areas to watch for:
Apple’s second quarterly earnings report of 2017 will likely reveal the company now has over a quarter of a trillion dollars of cash stashed in the bank.
The iPhone-maker has so much cash its reserves exceed the foreign-currency reserves of the U.K. and Canada combined. During the last quarter of 2017, Apple’s money-making machine was earning $3.6 million per hour.
Apple’s self-driving cars have been spotted in the wild for the first time, giving fans an early peek at the tech that could change roads forever.
The California DMV issued a permit to Apple earlier this month allowing it to test its self-driving cars on public roads. Apple is only registered to drive three Lexus cars around Silicon Valley, but the company is wasting no time in its efforts to catch up to the competition.
Tim Cook has repeatedly said Apple has no plans to make a touchscreen MacBook, but a crazy new concept imagines what would happen if the company replaced keyboards with a giant touchpad.
Giving creatives a big touchscreen instead of a keyboard may sounds like a horrible idea at first. Typing would definitely take some getting used to. However, designer Daniel Brunsteiner’s concept shows how you could do some cool new stuff with the touchpad.
Take a closer look:
Tim Cook dressed down Uber CEO Travis Kalanick — and even threatened to boot Uber out of the App Store — for violating Apple’s privacy rules, claims a new report.
Uber broke iOS privacy laws in an attempt to crack down on a certain kind of fraud in China, in which some drivers would earn incentives by booking fake rides on iPhones, which they then wiped. This allowed them to earn more money.
Apple CEO Tim Cook had nothing but high praise for Didi Chuxing CEO Jean Liu in an exert he wrote about her for Time magazine.
Liu was named one of Time’s 100 most influential people of 2017. Cook, who sits on Didi’s board, was asked to write about Liu and said that her taxi-hailing startup is changing how people in China connect and commute with its convenience and flexibility.
New clues about prototype products Apple is currently testing may have just been revealed by leaked documents originating from Apple’s Cupertino campus.
A report on Apple compiled by an Environment Health and Safety contractor has reportedly leaked online today. Inside the report are over 70 different incidents that occurred on the campus. Most of the incidents in the report are fairly ordinary, but a couple entries hint at Apple developing augmented reality glasses.
At an event in Washington D.C. last night, Tim Cook accepted the Free Expression Award at the First Amendment advocacy Newseum.
The award was designed to celebrate the fact that Cook has taken a public stand on issues such as racial equality, climate change, privacy, LGBT rights, and more.
Apple finally received permission from the California DMW to test self-driving cars on public roads this week, but spotting an Apple Car in the wild won’t be easy for fans.
Instead of making its own automobile for the streets, Apple will simply be testing its autonomous vehicle software using other company’s cars. Apple has permission to drive only three cars, so seeing them on the road might be tough.
Here’s what to look for.
Al Gore will speak about climate change this week during an appearance at Apple’s flagship store in San Francisco.
The ex-veep — now a filmmaker, writer and environmental activist — will be joined by Apple VP of Environment Lisa Jackson, who served as head of the Environmental Protection Agency during the first four years of the Obama administration. Anyone can attend the event, during which the pair will talk about Apple’s ongoing commitment to the environment.
Apple CEO Tim Cook made a visit to his old stomping grounds at Auburn University today to talk to students about life after after graduation.
During his morning speech at the Telfair Peet Theatre, the Auburn alum told students of all backgrounds to get ready to embrace diversity once they enter the workforce.
While President Donald Trump gets busy gutting the Environmental Protection Agency, many of America’s largest companies plan to fight climate change without his help, including Apple.
During the reign of Tim Cook, Apple has made renewable energy and going green one of its top priorities. According to a new report, that won’t change now that there’s a new administration in the White House.
Share prices of Apple Inc. hit yet another record high during trading today, setting a new top mark of 143.80 by the time the market closed.
Apple shares were trading up nearly 3% on Tuesday thanks to an investor note from UBS analyst Steven Milunovich who predicts the stock price could shoot up past $200 in the next two to three years.
Steve Jobs could be pretty forthright, even abrasive, in interviews with prospective new employees. Tim Cook, on the other hand? It’s all about the power of silence.
In a new interview to promote her book Radical Candor: Be A Kick-Ass Boss Without Losing Your Humanity, former Apple and Google employee Kim Scott reveals what it’s like to interview with Apple’s CEO — and how she was saved from talking herself out of a job.
President Donald Trump is set to unveil a new government office today that’s tasked with overhauling federal bureaucracies, and he’s asked Tim Cook and other tech leaders for advice.
Even though Trump sparred with Cook on numerous issues during his presidential campaign, the Apple CEO will reportedly lend a hand to the Office of American Innovation. The new office will be led by Trump’s son-in-law, Jared Kushner, and will be tasked with making the country run more like a “great American company.”
The next big thing from Apple is probably a year or so away from its grand unveiling.
Apple has a host of engineers dedicated to building and testing different augmented reality headsets, and according to a new report, the crew is getting a lot more resources to turn it into a consumer product.
Apple employees are set to move into the Apple spaceship campus just next month, but based on the recent drone footage there’s still a lot of work to be done on Apple Park.
Crews can be seen finishing construction and landscaping work in the new aerial footage. While the tunnel, parking structures, fitness center and side buildings look nearly completely, the Steve Jobs theater doesn’t look ready to host a keynote yet.