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Tim Cook - page 28

Apple signs Silicon Valley’s open letter bashing Trump’s travel ban

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Donald Trump signing document
President Trump signing an executive order.
Photo: The White House/Facebook

Apple will join other tech companies, including Alphabet, Facebook and Uber, in penning a letter opposing President Donald Trump’s controversial travel ban.

News of the letter comes shortly after an interview Apple CEO Tim Cook gave to The Wall Street Journal, in which he described the ā€œheart-wrenchingā€ messages he had received about Trump’s executive order, which potentially affects hundreds of Apple employees.

Check out the draft of the open letter to Trump below:

Tim Cook is living in the future (and you can too)

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This is not Tim Cook's actual home.
This is not Tim Cook's actual home.
Photo: Samuel Zeller/Unsplash CC

Tim Cook is living the Jetsons lifestyle — minus the jetpack and flying car — thanks to Siri and the growing number of HomeKit devices on the market.

The Apple CEO offered a rare glimpse into his private life Tuesday during Apple’s quarterly financial report, painting a picture of techno-utopian comfort and ease. It was Cook’s most personal world-beating earnings call ever, and it sent a message: Apple is serious about home automation.

10 key takeaways from Apple’s historic earnings call

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Apple is worth more than the entire US energy sector combined
Apple made a ton of money. What more do you need to know?
Photo: Ste Smith/Cult of Mac

Apple managed to shock Wall Street today by beating its own expectations for Q1 2017, the most profitable quarter in the company’s history.

There was good news all around as iPhone sales, services and even the Mac all performed better than predicted. During today’s earnings call, Tim Cook and Apple CFO Luca Maestri revealed some of the secret sauce that made Apple’s earnings one for the history books.

Here are the top takeaways from today’s call.

Apple plans to oppose Trump’s immigration ban

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President Trump: Apple encryption could protect ā€˜criminal minds’
Trump's immigration policy has hit a nerve with Tim Cook.
Photo: Gage Skidmore/Flickr CC

Tim Cook makes it clear that Apple is staunchly opposed to President Donald Trump’s temporary travel ban on people from seven Muslim-majority countries,Ā according to a new interview.

ā€œMore than any country in the world, this country is strong because of our immigrant background and our capacity and ability as people to welcome people from all kinds of backgrounds,ā€ Cook told The Wall Street Journal. ā€œThat’s what makes us special. We ought to pause and really think deeply through that.ā€

Apple sees growth in China even if bottom line shows otherwise

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iPhone sales
The impact of coronavirus in China could hurt Apple in 2021.
Illustration: Cult of Mac

Apple is encouraged with its growth in China even if it registered a double-digit decline in revenue there.

Apple CEO Tim Cook and CFO Luca Maestri used other numbers to paint a rosy picture of the complicated China market when they met with investors during a first quarter earnings conference call Tuesday.

The Mac is still very much in play for Apple

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13 inch MacBook Pro with Touch Bar
The MacBook Pro with Touch Bar.
Photo: Apple

Apple may be more of a smartphone company these days, but its legacy product, the personal computer, continues to be popular.

In an upbeat Q1 earnings report with investors Tuesday, Apple said it sold 5.4 million Macs en route to an all-time quarterly revenue record of $78.4 billion dollars.

iPhone 7 snaps Apple’s losing streak

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iPhone 7 vs iPhone 7 Plus cameras
The iPhone 7 and 7 Plus helped Apple reverse a three-quarter sales decline.
Photo: Apple

The number 7 was lucky for Apple, as worldwide sales of the iPhone 7 and 7 Plus hit a quarterly record and put the breaks on a three-quarter revenue skid, the company said in today’s first quarter earnings report.

Apple saw a 5 percent revenue increase ($54.3 million) with more than 78 million iPhones sold. It was the first full quarter of the iPhone 7, delivered during a time of year that typically generates the best sales figures for Apple because of the holiday shopping season.

Liveblog: Apple hits new highs with doubleplusgood Q1 2017 earnings call

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Get ready for Apple's most exciting earnings call of 2017.
Get ready for Apple's most exciting earnings call of 2017.
Photo: Ste Smith/Cult of Mac

Apple is set to reveal its first quarterly earnings report of 2017 and, if Wall Street’s estimates are any indicator, it could be Apple’s biggest quarter ever.

After multiple quarters of declining revenues, today’s call could see the company return to growth, lifted by strong iPhone sales over the holidays and a burgeoning services business that has quickly become Apple’s second-biggest moneymaker.

Tim Cook and Luca Maestri are scheduled to hold an open call with investors today at 2 p.m. Pacific. As usual, Cult of Mac will be here liveblogging and analyzing all the action. Get prepped for the call with our guide on what to expect, and join the fun in the liveblog below.

Apple stock surges on record-breaking Q1 2017 earnings

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AAPL stock chart
Apple's stock surged in after-hours trading after the company announced record-breaking Q1 2017 results.
Photo: Google Finance

Apple’s stock saw a big surgeĀ after the company announcedĀ record-breaking earnings for Q1 2017.

AAPL was up almost 3 percent in after-hours trading to $124.50. Apple stock has been climbing recently but was depressed in anticipation of today’s results.

Apple shatters records with blockbuster Q1 2017 earnings

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Earnings call
Tim Cook is thrilled with Apple's Q1 2017 results.
Photo: Jim Merithew/Cult of Mac

Apple sold more iPhone units than ever before last quarter, a spasm of sales that finally returned the company to growth, as revealed today in Cupertino’s first earnings report of 2017.

With total revenues of $78.4 billion bringing in a profit of $17.9 billion, Apple CEO Tim Cook said he is ā€œthrilledā€ with the results. Wall Street is happy, too: AAPL shares are trading up significantly in after-hours trading.

Tim Cook: Trump’s immigration freeze will hurt Apple

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President Trump: Apple encryption could protect ā€˜criminal minds’
Tim Cook says that there are Apple employees directly affected by the order.
Photo: Gage Skidmore/Flickr CC

In a message sent to Apple employees, Tim Cook notes that he is concerned about President Donald Trump’s recent executive order limiting immigration from seven Muslim-majority countries.

Cook said Apple employees are affected by the policy, and that they are going to be able to draw on the expertise of the company’s HR, legal and security teams.

Check out the note below:

How Apple’s next earnings call could surprise us all

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Apple is worth more than the entire US energy sector combined
The holidays were good to Apple.
Photo: Ste Smith/Cult of Mac

When Apple reveals its first quarterly earnings report of 2017 next Tuesday, the company could shock us with another record-breaking quarter.

The Q1 2017 earnings will cover Apple’s first full quarter of iPhone 7 and iPhone 7 Plus sales, and Apple should also get a big boost from the holiday shopping season, according to some Wall Street estimates. During its last earnings call, Apple predicted its revenue slump will end as the company finally returns to growth this quarter, but will it be enough to satisfy investors?

Here’s what to expect from Apple’s January 31 earnings report.

Tim Cook cashes in another $3.6 million in Apple stock

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Tim Cook
Tim Cook just made a cool $3.6 million.
Photo: Jim Merithew/Cult of Mac

Tim Cook has cashed in on his Apple stock again, with regulatory filings revealing that he has sold AAPL shares worth $3.6 million.

This comes shortly after he made an almost identical trade last week for another $3.6 million. It seems that being Apple CEO comes with some advantages!

Updated MacBook Pro coming in 2017, this week on The CultCast

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New Apple hardware in March on The CultCast
New Apple hardware in March? Reports say yes, indeed.
Photo: Apple

This week on The CultCast: 2017 might bring the super-charged MacBook Pro you’ve been waiting for — yes, another update! Then, a former employee says Tim Cook’s making Apple boring. Is it true? Plus: We get more evidence Apple will be making TV shows and movies; and iPhone 8 may be packing friggin’ lasers and facial recognition.

Will Trump be good for Apple? [Friday Night Fights]

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How will Apple fare in the Trump era?
How will Apple fare in the Trump era?
Image: Ste Smith/Cult of Mac. Original photo: Michael Vadon/Flickr CC

In case you hadn’t noticed, the United States has a new leader — and President Donald Trump has a bone to pick with Apple. Several, actually.

Will Trump’s ā€œAmerica firstā€ stance and pro-business policies help Apple or give Tim Cook a series of premium headaches? Cult of Mac editors Leander Kahney and Lewis Wallace come out swinging in this week’s edition of ā€œFriday Night Fights.ā€

Tim Cook’s impressive career in 90 seconds

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Tim Cook
How Tim Cook got to where he is today.
Photo: Jim Merithew/Cult of Mac

There may be disagreement over whether Tim Cook’s Apple is a more predictable, less interesting one than Steve Jobs’ Apple, but one thing that’s for certain is that Cook has enjoyed a heckuva rise to power.

In a new video created by the U.K.’s Telegraph newspaper, a 90-second recap of Cook’s career so far shows how he went from a kid growing up in Alabama to the head of the world’s most valuable tech company, with a net worth of $785 million.

Check it out below.

Former employee explains how Tim Cook made Apple boring

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LOVELOUD
Tim Cook wants to keep peace at Apple.
Photo: Jim Merithew/Cult of Mac

Tim Cook’s kinder, gentler management style is the biggest reason why 2016 was one of the most boring years for Apple in recent memory, according to a former employee of the company.

Steve Jobs was notorious for inciting conflict and competition between top employees, which him a controversial leader but also birthed some of the most iconic tech products ever (iMac, iPod and iPhone). After Cook took over, he worked to eliminate conflict within Cupertino’s walls and made employees less passionate, claims ex-Apple employee Bob Burrough.

Apple commemorates Martin Luther King Jr. Day

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MLK-quote-Apple
Apple.com today.
Screenshot: Cult of Mac

Apple is today commemorating Dr. Martin Luther King Jr. Day with a famous quote on the front page of its website that promotes equality.

Paying homage to the legendary civil rights leader is a tradition for Apple, which has become increasingly focused on supporting equal rights and fighting discrimination in recent years.

Original iPhone design team reunites for 10th anniversary

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Original iPhone design team
The design team behind iPhone OS.
Photo: Imran Chaudhri

The design team behind the original iPhone’s software reunited to celebrate its 10th anniversary this week.

Imran Chaudhri, who still works at Apple, posted the photo above on Instagram. He’s pictured alongside Freddy Anzures, Bas Ording, Marcel Van Os, Steve Lemay and Mike Matas.

Apple loses another key employee to Tesla

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Tesla
Tesla is siphoning engineering talent from Apple.
Photo: Ste Smith/Cult of Mac

The battle between Apple and Tesla to attract top talent revved up to a new level this week after another key employee for the iPhone-maker defected to Elon Musk’s auto company.

Matt Casebolt, who made key contributions to the design of the original MacBook Air, has reportedly left the company to work as an engineer for Tesla.

Apple is still the most environmentally friendly tech company in the world

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Screen Shot 2017-01-10 at 14.47.41
Tim Cook isn't hiding his school report so his parents don't see it!
Photo: Greenpeace

It feels like another lifetime when Apple wasĀ scoring dead last onĀ Greenpeace’s report on environmentally friendly data centers and the greenest Apple got was putting out an iMac G3 in ā€œlimeā€ or ā€œsageā€ colors.

Like a one-time rebel who now sits up front in class, today’s Apple is one of the most sustainable and eco-friendly tech companies around — and Greenpeace’s latest clean energy index has the stats to prove it!