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Tim Cook - page 54

Going To The Apple Store Is Like Taking A Prozac According To Tim Cook

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Ever feeling down and need an immediate injection of happiness? According to Tim Cook you should just head over to the Apple Store because it’s just like taking a Prozac.

During his presentation at the Goldman Sachs Technology Conference, Cook explained why the Apple Store has been so successful because it’s become more than just a store, it’s a place where people can gather and learn about Apple. Kind of like a fantasyland for tech.

Tim Cook On Innovation At Apple: We’re At The Top Of Our Game

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During today’s annual Goldman Sachs conference, Tim Cook spoke about the culture of innovation at Apple. While Wall Street has started losing faith in the company’s ability to grow, Cook has “never been more bullish on Apple.”

Cook still sees Apple as the leading innovator in the tech sector, and he believes there are two key aspects that fuel the company’s success.

Tim Cook Says He’s Most Proud Of Apple Standing Up For Workers In China

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At the end of his presentation this morning at the Goldman Sachs Technology and Internet Conference, Tim Cook was asked what he’s most proud of at Apple now that he’s had a full year under his belt as CEO.

Cook was emotional during his response and fought back some tears as he described the things that he’s been the most proud of during his past year at Apple. Above all, Cook said that he’s proud of his employees, but then he gushed for a few minutes on all the great things Apple’s doing, like taking a stand for workers in China.

Tim Cook: The Only Thing Apple Will Not Do Is Make A Crappy Product

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Tim Cook is speaking at the Goldman Sachs Technology and Internet Conference this morning. He was just asked about whether or not Apple will make an iPhone with a bigger screen. Of course Timmy wouldn’t just spill the details on Apple’s future plans, but he didn’t say Apple wouldn’t make a 5-inch iPhone either.

“The only thing Apple will not do is make a crappy product,” Cook explained. Maybe he hasn’t heard of Apple Maps and Siri, but we digress. Cook explained that the only thing that matters to Apple is the customer experience, regardless of how big the screen is.

Tim Cook: “We Make Products People Didn’t Know They Wanted And Now Can’t Live Without.”

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Going nowhere.
Going nowhere.

Continuing his remarks at Goldman Sachs’ conference, Tim Cook made a series of comments in regards to whether or not Apple had reached its limit. His response?

“Apple has made products for years that people didn’t know they wanted and now they can’t live without. We don’t believe in limits.”

Tim Cook On Cheaper iPhone: “People Asked Us For Years For Sub-$500 Mac, So We Created The iPad.”

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Speaking at Goldman Sachs today, Apple CEO Tim Cook was asked how Apple intended to address market share in emerging markets, in regards to a cheaper iPhone.

Cook’s response didn’t spill any secrets, but did make it clear that Apple wasn’t interested in just hitting a price point for market share. Apple solves pricing problems by inventing entirely new killer products.

Tim Cook: We Considered Buying A Few Major Companies But None Passed Our Tests

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During today’s Goldman Sach’s Technology and Internet Conference, Tim Cook was asked whether there’s something in Apple’s culture or business model that turns it against large acquisitions.

Some analysts speculated that Apple might be interested in buying Dell or Nokia, but Apple never decided to buy either company and has instead focused on buying smaller companies. Tim Cook says that Apple isn’t against buying big companies, but none of them have passed Apple’s tests.

Tim Cook: Controversy Over Preferred Stock Is “Silly Sideshow”

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From Tim Cook to Jony Ive,
From Tim Cook to Jony Ive,

Speaking at today’s Goldman Sachs Tech Conference, Apple CEO Tim Cook was asked a series of questions about the recent controversies involving Greenlight Capital’s David Einhorn, who believes Apple wants to eliminate preferred stock and is suing the company over it.

Cook’s answers were candid, saying that the issue was widely misunderstood, and that he viewed the lawsuit as a “silly sideshow” that wasted the money of investors.

Tim Cook Now Speaking At Goldman Sachs Tech Conference, Listen Here

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Apple CEO Tim Cook’s remarks at Goldman Sachs Technology and Internet Conference have just started. This is the second time Tim Cook has spoken at the Conference, and last year a number of interesting remarks emerged.

We’ll be live blogging Cook’s most interesting comments, but if you want to hear the whole thing as it is broadcast, you can hear it here.

Has Tim Cook Killed Nike Fuelband’s Android Future?

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Why doesn't Nike want to bring the Fuelband to Android?

The Nike Fuelband was one of my favorite gadgets last year. It tracks all your movement to help you stay in shape. It syncs everything with your iPhone. Plus, it looks pretty freaking cool.

Nike Fuelband is part of the wave of futuristic wearable fitness devices. In a couple of years we’ll all have something like it, but for now, the Nike Fuelband only syncs with your computer or iPhone. There’s no Android app, and according to Nike, you shouldn’t hold your breath waiting for one.

Tim Cook Will Speak At Goldman Sachs Tech Conference Tomorrow

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It’s not often that Tim Cook speaks at a non-Apple event, but for the second year in a row, Tim is heading to New York City to speak at the Goldman Sachs Technology and Internet conference.

Last year, Apple’s CEO Tim Cook presented at the Goldman Sachs tech conference where he spoke about working conditions in China, why Apple TV is just a hobby, the popularity of the iPad, and much more.

Path Fined $800,000 By FTC For iOS Privacy Violations

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Path, the mobile social network that first launched on the iPhone in November 2010, has agreed to settle Federal Trade Commission charges that it deceived its users by collecting personal information from their address books without their knowledge or consent. The settlement requires the company to establish a comprehensive privacy program and to have independent privacy assessments carried out every other year.

The company has also been fined $800,000 for illegally collecting personal information from children without their parents’ consent.

Apple’s Monstrous Mega-Earnings And Must-Have Mac Apps On Our Newest CultCast

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You should probably check if your cash is still in your wallet… ’cause according to Apple’s recent earnings call, they just made all the money. We put some perspective on just how huge Apple’s Q1 cash hoard was on our all-new CultCast, then expertly deconstruct Tim Cook’s cryptic words about new and unannounced products.

But wait, there’s more! From iOS 7, to bigger-screen iPhones, to our favorite Mac apps, we answer your Facebook questions in our newest segment, CultCast Q&A.

Get a fun weekly dose of all things Apple! Subscribe to The CultCast now on iTunes, or easily stream new and previous episodes via Apple’s free Podcasts App.

Apple Stock Opens At $457.70, Down More Than 10%, After Financial Results

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Apple stock opened at $457.70 this morning, down more than 10%, following its financial results on Wednesday. The Cupertino company announced $13.1 billion profit for the first quarter of 2013, a slight increase over the $13.06 billion it posted for the first quarter of 2012. But despite that increase, it’s clear Apple’s phenomenal growth has hit a stumbling block.

Here Are All The Important Numbers From Today’s Apple Earnings Call

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Last quarter was bright but the future's even brighter, according to Apple.
Last quarter was bright but the future's even brighter, according to Apple.

Apple just posted one of their most successful financial quarters ever. A bunch of records were broken for iPad sales, iPhone sales, net revenue, and net profit.

Sorting through the pile of information and numbers Tim Cook and Peter Oppenheimer just gave us can make your head spin, so we’ve broken it down for you. Here are the most important numbers you need to know from today’s earnings call:

Apple: “There’s A Lot We Can Contribute” In The TV Space

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Apple's television is still some way off.
Apple's television is still some way off.

2 million Apple TVs were bought in the last quarter, up 60% since this time last year.

During Apple’s earnings call today, Piper Jaffray’s Gene Munster asked Tim Cook about future Apple TV plans yet again. Munster has been beating the Apple HDTV drum for years now, and Tim Cook has been skirting questions for just as long. Something is definitely brewing.

Apple’s Tim Cook Calls Out iPhone Order Cut Rumors For What They Are: Nonsense

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"I know there have been rumors about order cuts..." - Tim Cook

During Apple’s Q1 2013 earnings call, CEO Tim Cook addressed recent reports regarding iPhone order supply cuts overseas. Publications like The Wall Street Journal recently claimed that Apple has significantly slowed iPhone production, causing rampant speculation that demand has been weakening. Apple’s stock has slid since the rumors started picking up steam earlier this month.

Today Cook threw cold water on the idea of Apple cutting its own orders.

Steve Jobs Threatened Patent Litigation To Enforce ‘No-Hire’ Agreements

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Steve Jobs shakes hands with Eric Schmidt.

Apple co-founder and former CEO Steve Jobs threatened Palm CEO Edward Colligan with patent litigation if he did not agree to stop poaching Apple employees, according to a court filing that was made public on Tuesday.

Confidential emails between the pair, along with documents from Adobe and Google, have surfaced in a civil lawsuit that claims a number of major companies in Silicon Valley violated antitrust rules by entering into agreements not to recruit each other’s employees. Five employees are now fighting for class action status and damages for lost wages as a result of the “no-hire” agreements.

Tim Cook Ordered To Give Deposition In Antitrust Case Over ‘No-Hire’ Agreements

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Apple CEO Tim Cook must provide a deposition in a lawsuit that claims the Cupertino company, along with other major firms in Silicon Valley, violated antitrust rules by entering into an agreement not to recruit each other’s employees. Apple’s lawyer, George Riley, had objected to the order handed out by U.S. District Judge Lucy Koh in San Jose, California, on Thursday.

Apple Looking To Open An R&D Center In Beijing

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Tim Cook with Miao Wei, the head of China’s Ministry of Industry and Information Technology
Tim Cook with Miao Wei, the head of China’s Ministry of Industry and Information Technology

Even though Apple’s headquartered in Cupertino, they’ve got operations all across the globe, and we don’t mean just retail stores. There have been rumors that Apple is opening up an R&D center in Israel, but according to a new rumor, that’s not the only place they’re considering.

Tim Cook recently talked to the mayor of Beijing, Wang Ashun, about the possibility of Apple opening an R&D center in Beijing.

John Sculley: Apple Must Overhaul Its Supply Chain To Make The iPhone Cheaper

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Although Apple has already combined blockchain and retail for some time now to maintain a smooth flow of their entire process and also keep track of everything, they must now overhaul its supply chain in a bid to make its iPhone cheaper and meet the demand of low-cost smartphones in emerging markets, according to former CEO John Sculley. The Cupertino company has enjoyed plenty of success with the device in the United States and Europe, but Sculley feels that going forward, Apple will need to depend on growth in emerging markets, where the handset’s premium price tag just won’t work.

Apple’s Low-Cost iPhone To Launch Later This Year With Larger Display, New Design [Rumor]

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A lawsuit claims the battery of an iPhone 4s is responsible for a house fire.
Photo: Apple

Digitimes has today published one of its more questionable rumors regarding Apple’s upcoming low-cost iPhone. Citing sources in the Cupertino company’s supply chain, it claims the cheaper device — believed to be called the “iPhone mini” by one analyst — will make its debut later this year, aimed at China and other emerging markets.

But it won’t be smaller to cut costs. Instead it’ll boast a larger screen to meet the “prevailing trend for the adoption of 5-inch displays.”