First Phil Schiller dumped a bucket of ice cold water on his head, challenging Tim Cook to do the same. Then Tim Cook accepted the challenge, dousing himself at an Apple HQ beer bash to help raise money to fight Lou Gehrig’s disease.
We all thought it was over. But we forgot about Dre.
A group of Apple shareholders are ready to add to the company’s anti-hiring controversy woes with a new class action lawsuit of their own that alleges Apple leadership mislead investors and hurt the stock’s overall value.
The lawsuit was filed by attorneys for plaintiff R. Andre Klein with U.S. District Court for the Northern District of California this week, and accuses Apple’s senior management, including Steve Jobs and Tim Cook, of grossly mismanaging Apple’s resources when it struck an agreement not to hire employees from competing corporations.
Steve Jobs was known for speaking out loud, dreaming big and acting upon his thoughts. While it’s been just a few short years since his passing, fans have been able to see his characteristics shine through other personalities. The late comedian and actor Robin Williams lived a life similar to Jobs’ life: With every movie and every off-camera activity, Williams showed a passion for anything he did.
Watch today’s Cult of Mac news roundup to see how Apple pays tribute to Williams, as well as some crazy stories regarding the iPhone 6 and even how one new app is truly showing that life really is a box of chocolates.
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Bring on the ice, ice baby!
Tim Cook has gladly accepted Phil Schiller’s challenge to douse himself with a bucket of ice in order to get out of a $100 donation to ALS charities. Only instead of doing ice bucket challenge from the comfort of a beach chair, Cook made a party of it while Apple employees got turnt up with at the beer bash celebration for Diversity week.
Take a look:
If you’ve been on the Internet at all over the last few days, you’ve probably heard about the Ice Bucket Challenge. The idea is simple. Someone challenges you online to dump a bucket of ice water all over your head. If you choose not to do so within 24 hours, you are asked to donate $100 to a charity to fight Lou Gehrig’s Disease.
Speaking as an observer, I can say conclusively that the Ice Bucket Challenge is best when accepted by buxom 19-year-olds in string bikinis. But watching Apple’s Senior Vice President Of Marketing dumping a bucket of ice water on his head? Definitely a close second.
Tim Cook has tweeted his condolences in the wake of the tragic death of actor and stand-up comedian Robin Williams, at age 63.
Cook wrote that he is “Heartbroken by the news of Robin Williams’ passing. He was an incomparable talent and a great human being. Rest in peace.”
Since Apple announced its Q3 2014 earnings last month everyone seems focused on less-than-stellar iPad sales, but along with the impending launch of the iPhone 6, Apple’s got a lot to celebrate as the company told CNBC that the App Store had record-setting revenue numbers in July.
Apple says it saw a record number of customers making transaction on the App Store in July, prompting Tim Cook to launch a celebratory tweet to developers:
Watch today’s Cult of Mac news roundup for details on a lawsuit filed by Apple employees. Plus, you’ll get info on the latest Apple software updates, a look at the Starbucks app’s new capabilities and Jimmy Kimmel’s hilarious iWatch prank.
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Tim Cook told investors he’s happy with Apple’s trade-in program and other used iPhone sales, and it turns out so is eBay.
In the last 12 months nearly $2 billion worth of Apple devices, ranging from iPhones, iPads, and old Macs, have been sold on eBay’s store, according to data obtained by Computer World, and just like Apple’s own sales, the iPhone brought in most of a money on eBay too.
Even Apple execs sounded pleasantly surprised as they revealed last quarter’s mostly higher-than-expected numbers Tuesday. But in what’s become something of a refrain in Cupertino, they couldn’t stop themselves from vague and knowing references to the incredible products waiting in the magical Apple pipeline.
Trust us, they seemed to say: Last quarter’s net profit of $7.7 billion — fueled by robust sales of iPhones, MacBooks and a surprisingly strong showing in the iTunes Software and Services category — was totally great, but wait till you see what we’ve got up our sleeves.
“We’re expecting a very busy fall,” said Luca Maestri, Apple’s chief financial officer. “We’re very excited about what’s in the pipeline.”
What else did Apple executives have to say during Tuesday’s Q3 earnings call? Here’s our take on everything you need to know from the latest numbers talk.
Tim Cook and newly-apointed CFO Luca Maestri are getting ready for Apple’s Q3 2014 earnings call with investors. The call will reveal just how much cash the company raked in over the past three months and what they should expect later this year. We’ll be right here, liveblogging the whole thing.
Apple hasn’t released a new product this quarter, but investors on Wall Street are still bullish about the future of AAPL, sending the company’s stock price surging 26% since its last earnings report.
Whether Apple was able to beat expectations of $38.4 billion in revenue without an explosion of new sales will finally be known today at 2 p.m. Pacific, and we’ll be ready to dish out all the news and juicy tidbits Tim and the team tell investors.
So keep this page open for the full scoop on how ridiculously profitable Apple was last quarter, as well as what’s to come its “most exciting product pipeline in 25 years.”
Don’t expect anything too exciting from Apple’s third quarter earnings tomorrow.
This is Apple’s slowest part of the year. The summer slump means no new hardware, which means no explosive sales growth. But that’s alright, because the best is yet to come.
Tim Cook and co. have promised that truly epic things are coming in the fall, and Wall Street is actually excited about Apple again.
Apple is continuing its push to diversify its leadership with the announcement this afternoon that Susan Wagner, a wall street insider who co-found one the world’s top investment firms, has been added to the company’s board of directors, taking the spot of the board’s longest serving member.
Bill Campbell has been on Apple’s board for 17 years but has decided to retire, making room for Wagner to take her seat on Tim Cook’s board. Wagner comes to the board after co-founding BlackRock in 1988 and leading it to become one of the world’s most successful asset-management companies. She’ll continue to serve on BlackRock’s board, as well as boards for Swiss Re, Wellesley College, and Hackley School.
In an press release announcing the changes, Tim Cook had high praises for Wagner, as well as the man she’s replacing:
From personal computers and smartphones, to tablets and wearables, half the fun of following Apple is trying to figure out where it's going to go next.
Looking back through the Cult of Mac archives, a lot of the rumors we've brought to light over the years did hint at innovations that eventually found their ways into the sweaty hands of excited customers. But every once in a while a rumor comes along that's so ridiculous it can't possibly be true. And more often than not, that's exactly the case.
Check out our gallery for our picks of top Apple rumors that turned out to be totally wide of the mark.
IBM and Apple used to be sworn enemies, but a lot has changed since the early days of the Macintosh and the PC race. Both companies have committed to making Apple software and hardware a one-stop shop for businesses in what some consider one of the “most important and powerful tech partnerships” ever.
In an interview with CNBC, Tim Cook and IBM CEO Virginia Rometty discussed their mutual excitement about the “landmark” partnership.
Ever want to sit down with the guy at Apple who has basically been tasked to fix every disaster of the last five years? If you got more than ten grand to spare and love basketball this may be your lucky day, as CharityBuzz just opened a new auction lot that includes a one-hour paid lunch at Apple HQ with you, your friend, and Mr. Fixit Eddie Cue.
When you’re a company the size of Apple (whose co-founder Steve Jobs famously made comments about how it’s not the job of users to know what they want) you’d be forgiven for thinking they don’t listen to the little guy.
Over the weekend, a story popped up on Reddit, however, revealing how one user supposedly convinced Tim Cook to change Apple’s on-hold music — telling him that it sounded distorted and therefore surprisingly un-Apple-like in its lack of quality. Cook apparently listened and – hey presto! – people dialling into Apple now get better-sounding hold music while they wait.
The full post can be read below:
The devil is in the details: Tim Cook said that Apple’s commitment to accessibility is so complete that the Cupertino company never looks at the return on investment but considers it “just and right.”
That’s a pretty different picture than the one venerable news org Reuters painted by giving a quick chop to his comments in a piece about blind app users seeking more accessibility from Apple.
Apple has long been criticized by shareholders for stuffing its leadership ranks with a bunch of old white dudes, but as Tim Cook touched down in Sun Valley Idaho for Allen & Co.’s annual media moguls conference, the Apple CEO said his company is about to be a lot more transparent about its diversity.
Following the path of Google and Facebook, who have publicly released information on the diversity of their workforces this year, Tim Cook pledged Apple will do the same, he’s just not sure how long it will take.
Apple’s Tim Cook and Eddy Cue were invited yet again this year to the illustrious business conference put on by Allen & Company in Sun Valley, Idaho. Today they were spotted walking around and talking to reporters.
The tech and media world’s elites gather in the resort town of Sun Valley annually to discuss potential partnerships and deals behind closed doors. Think of it like a social mixer on steroids for the world’s most powerful business moguls. Everyone from Rupert Murdoch to the CEOs of Comcast and AT&T attend.
While casually strolling through the mountain resort today, both Cook and Cue fielded questions from eager journalists looking to get a juicy quote or scoop.
Design questions aside, the true mystery about Apple’s long-rumored iWatch lies in exactly what types of health-related sensors the wearable might include. A recent report claims the iWatch will sport an astonishing 10 different sensors, including one for sweat.
While pedometers, accelerometers, thermometers and every other o-meter Jony Ive can get his hands on might all make sense for a smartwatch, we’re wondering what Apple could do with a sweat sensor? Other than verify that, yes, your sweat glands are pouring out more fluid per minute than Niagara Falls during your jog?
It turns out that adding sweat sensors would do more than differentiate the iWatch from smartwatches by LG, Motorola and Samsung right out of the gate. It could make the iWatch the most “personal” device you’ve ever shackled yourself to, with surprising applications that go far beyond fitness and health.
Back on June 29, thousands of Apple employees and their families marched in the San Francisco Pride Parade, coming from all over the world to support LGBT rights and to celebrate Apple’s commitment to equality and diversity. Tim Cook and Apple environmental adviser Lisa P. Jackson were two of the prominent Apple employees to attend, while Apple gave out $1 iTunes gift cards to onlookers at the parade.
The spotlight on Tim Cook isn’t going away anytime soon, especially when Apple has yet to unveil any of the new “product categories” he promised would come this year.
In a new profile by The Wall Street Journal, Cook’s efforts to shape and mature Apple are detailed, including the fact that he is “actively seeking” new members for the company’s board of directors.
Cook has been consistently bringing in fresh blood to help him lead Apple, like former Burberry CEO Angela Ahrendts. It makes sense for him to also expand Apple’s board, were the current leadership is very engrained in the history of Apple under Jobs’ leadership.
USA! USA! On this festive 4th-of-July CultCast: Apple prepares to kill-off Aperture and iPhoto; Siri might soon understand us all better; Apple maps stops getting you lost; and did you know Steve Jobs always ate lunch alone like a sad Keanu? We’ll tell you the story. Plus, we reveal our favorite 4th activities, and a weird breakthrough app has us texting Hodor to all our friends! Gods be good.
Grab your sparklers and catch up on this week’s best Apple stories! Stream or download new and past episodes of The CultCast now on your Mac or iDevice by subscribing on iTunes, or hit play below and let the festivities begin.
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From sledgehammer-tossing freedom fighters to misunderstood teenagers at Christmas, Apple’s TV commercials have hit us with some truly iconic imagery over the years. But when a company has been around since the 1970s, it’s no great surprise that a select few ads would slip our collective memory.
After scouring through hundreds of big-time commercials and tiny TV spots that promoted Cupertino’s products over the years, here are our picks for the Apple advertisements that time forgot. All of them are worthy of a second look — and almost all of them for the right reasons.