Itās all about software.
Watch the video of this morningās iPad event, and note how Appleās execs spend more time talking about the apps that the new iPad can run than the new iPad itself.
Itās all about software.
Watch the video of this morningās iPad event, and note how Appleās execs spend more time talking about the apps that the new iPad can run than the new iPad itself.
Apple will no longer diffeentiate between the various iPad models, not by name at least. Starting today and going forward, iPads will be plain iPads, with no ā1ā, or ā2ā, or even āHDā suffix. When Tim Cook introduced the new iPad at todayās press event, he just called it āThe new iPad.ā
Stock of the Apple TV has been quickly dwindling across Apple retail stores in the U.S. in recent months, fueling speculation that the device will soon be replaced by a new model with the āJ33ā codename that recently popped up in the companyās iOS 5.1 beta software.
One report claims that 98% of Apple retail stores in the U.S. now have no Apple TV stock at all.
Apple CEO Tim Cook has been invited to participate in a roundtable discussion at the National Comprehensive Cancer Networkās (NCCN) annual conference on clinical practice guidelines and quality cancer care. The topic of the discussion is Cancer and Corporate America: Business As Usual. At the moment it isnāt clear if Cook will attend (NCCN lists both speakers that have confirmed their attendance as well as those that have not).
The invitation raises some questions about why the organization chose to invite Cook. One obvious answer centers around the role that Cook played in managing Apple while Steve Jobs was fighting the pancreatic cancer that eventually led to his death last year. While that is certainly plausible, there could be other reasons behind NCCNās invitation.
Speaking to The Wall Street Journal, Tim Cook has shared his thoughts on what Mountain Lion means for the future of the Mac, and has hinted Apple may be considering a grand unification of iOS and OS X somewhere down the line.
Apple has always been notoriously tight-fisted when it comes to spending. As the worldās most valuable technology company by a long shot, thereās a ton of pressure on Apple to acquire competition and flaunt its $100 billion cash reserve.
At the Goldman Sachs Conference today, Cook noted that Apple has spent billions on acquisitions,Ā in the supply chain, retail, and company infrastructure. āBut yes, we still have a lot,ā he said.
Cook sarcastically called Appleās 37 million iPhone sales last quarter a ādecentā number to a room full of laughs at the Goldman Sachs ConferenceĀ this afternoon. In Cookās eyes, that number represented only 9% of the handset market, and Apple sees incredible opportunity to take the entire global handset market by storm. Cook said that Appleās mission is to āmake the worldās best product.ā
Speaking at todayās Goldman Sachs keynote, Apple CEO Tim Cook began by bluntly addressing charges of worker abuse in Appleās supply chain: Apple will not rest until every worker is guaranteed a fair, safe working environment without discrimination and at a competitive salary. Any suppliers who donāt take care of their workers will be fired.
Apple has announced that it will broadcastĀ Tim Cookās talk at theĀ Goldman Sachs Technology and Internet Conference tomorrow. The live stream will begin tomorrow, February 14th, at 12:30 PM PST/ 3:30 PM EST.
Cook has presented at the conference several times in past years. This will be his first presentation as the CEO of Apple, and he is expected to give āforward-looking statements that are subject to risks and uncertaintiesā regarding Appleās business.
There are sure to be some interesting statements given by Cook tomorrow, so be sure to tune into the audio stream at Appleās Investor Relations page.
Following claims that it isnāt doing enough to end worker mistreatment in Chinese factories, Apple has publicly asked the Fair Labor Association (FLA) to āconduct special voluntary audits of Appleās final assembly suppliers, including Foxconn factories in Shenzhen and Chengdu, China.ā
The FLA acknowledged Appleās request almost immediately and began its firstĀ inspectionsĀ at a FoxconnĀ factoryĀ inĀ Shenzhen this morning. Apple will be hoping that the FLAās report puts the allegations that it is not doing all it can to bed and proves that working conditions are improving thanks to the companyās work.
After having its tablet banned in one Chinese city today for using the iPad name without permission, Apple could be about to enter into another dispute if it names its television set the āiTV.ā Britainās biggest commercial broadcaster ITV has warned Apple not to use its name for the second time.
Retailers inĀ Shijiazhuang, China, have halted sales of Appleās iPad after it was claimed that the Cupertino company does not have the rights to the iPad trademark in the country. Proview Technology, which believed it still owns the iPad name, is seeking $38 million in compensation from Apple and seems to have secured a ban in at least one city as Chinese authorities begin confiscating the device.
Adam Lashinsky is a veteran Silicon Valley journalist and Senior Editor at Large for Fortune. LashinskyĀ wrote a riveting feature last yearĀ on the inner workings of Appleās secretive culture that prompted him to publishĀ Inside Apple: How Americaās Most Admiredāand SecretiveāCompany Really WorksĀ in January of 2012.
Inside Apple is a short read (about 180 pages) that provides several peeks behind the thick veil of secrecy Apple keeps between itself and the outside world. After readingĀ Lashinskyās portrayal of the company, you should have a better understanding of how Apple works and what makes it tick. Your perception of the worldās most valuable technology company should be challenged with fascinating stories from inside the walls of Cupertino.
Appleās decision to hire John Browett as its Senior Vice President of Retail has come under fire from a small but vocal minority of Apple fans who believe he may not be the right man for the job. Brits in particular, who are familiar with the Dixons stores in the U.K. that Browett used to control, are concerned he is not a suitable replacement for Ron Johnson.
But Apple CEO Tim Cook has no doubts about the companyās decision, and has labeled Browett the best man for the role āby far.ā
It seems that lengthy report looking into the poor working conditions in Chinese factories assembling Apple products is going to haunt the Cupertino company for some time yet. The latest backlash comes from consumer group SumOfUs, which has launched a petition calling for Apple to āstop worker abuse,ā with over 35,000 signatures collected in just 24 hours.
Tim Cook was outraged by a recent report from The New York TimesĀ thatĀ provided a detailed look at the poor working conditions for Chinese factory workers assembling our Apple gadgets. It seems heās not the only one. The BSR, aĀ leader in corporate responsibility which works with Apple toĀ develop sustainable business strategies, has labeled the report āinaccurateā and āmisleading,ā and has requested that it is corrected by the NYT.
Following aĀ lengthyĀ New York Times report published earlier this week, detailing the harsh reality behind the mistreatment of Chinese factory workers, Apple CEO Tim Cook has responded to his staff with an email that brands the report āpatently false and offensive.ā
Cook revealed he is āoutragedā by the report, and reassured his team that āweāve made a great deal of progress and improved conditionsĀ for hundreds of thousands of workers.ā
Itās a great time to be an Apple employee. Not only is it the most successful company on the planet right now, but itās also slashing the price of some of its most popular products as a thank you to its employees. According to one report, the Cupertino companyās CEO, Tim Cook, announced at an internal Town Hall meeting that staff could enjoy $500 off a new Mac, and $250 off a new iPad.
Despite being labeled the first real competitor to the iPad, it seems Amazonās 7-inch Kindle Fire tablet still has a long way to go before it can lure tablet users away from Appleās device. Although it seemed to be incredibly popular when it launched last year, largely thanks to that attractive $199 price tag, Apple CEO Tim Cook says the Kindle Fire, and other ālimited function tablets,ā had no impact on iPad sales whatsoever.
The iPad 3 is widely anticipated to hit store shelves in March, about a year from the date that the iPad 2 first debuted. Appleās next-gen tabled it expected to pack a 2048 x 1536 Retina Display, an A6 SoC and (possibly) 4G LTE support. Now a new report suggests that weāre just a few short weeks away from getting our first look at the iPad 3.
Apple CEO Tim Cook has barely had time to make his mark on the tech giant when an ambitious senior vice president is being portrayed as a āCEO-in-waiting.ā In a soon-to-be published look inside Apple, Scott Forstall is described as a potential problem for Cook, who only months ago took over for co-founder Steve Jobs.
Tim Cook is one of the worldās top CEOs, but you wouldnāt know that by where he lays his head at night. The recently appointed head of Apple Inc. lives in aĀ 2,400-square-foot, relatively modest home in Palo Alto, California.
The four-bedroom condo boasts a tiny yard and smallĀ adjunct section of real estate in the back. Not much for a man who was recently awarded aĀ $378 million stock incentive.
Good news for Apple shareholders: stock reached an all-time high during mid-day trading today, peaking atĀ $427.75 per share. The last record was set in October of 2011 atĀ $426.70 per share. Despite some slightly tumultuous times on Wall Street after Apple failed to meet analyst expectations with its fourth-quarter earnings report, Apple stock has continued to climb to new heights year after year. The company will announce its earnings from the first-quarter of 2012 (or the 2011 holiday season) on Tuesday, January 24th. Apple also released its proxy statement for 2012 to investors this afternoon, in which it is revealed that CEO Time Cook received a total ofĀ $376,180,000 in compensation for 2011.
Apple has posted its 2012 proxy statement for investors. In the document, Apple reveals the compensation that its executives earned last year alongside more background information.
Notable facts from the document include CEO Tim Cookās 2011 compensation, totaling an impressive $376,180,000.
Greedy rumor-mongers didnāt even wait until Tim Cook started running the show at Apple to begin spreading rumors of his plans to quit. Back in 2010, investor gossip site Fly On The Wall wrongly suggested that Cook was off to join HP as its new CEO. (Gullible investors actually led to Apple stock dropping 20 points as a result.) Now that Cook is CEO itās a bit more difficult to make those kinds of reports convincing, so the narrative has instead changed to suggest the Apple board is unhappy with Cookās performance and plans to drop him at the earliest possible opportunity. Well, plenty of opportunities have presented themselves, but Cookās still hanging on in there.
Maybe (shock horror!) people have realized heās actually doing a pretty great job.
If you thought pulling a rabbit out of your hat was cutting-edge magic, you havenāt talked to Apple CEO Tim Cook lately. Give him three months, and Cook can convert 300,000 Apple shares into almost $100 million dollars. Pretty neat trick, huh? In fact, Cook leads all Silicon Valley executives in the largest cash haul from company stock, according to just-released data.