It’s good to be the president. People just give you things, like the first 2019 Mac Pro assembled in Austin, Texas. Tim Cook gave this pricy computer to Trump, probably after the president toured the factory.
Apple has commemorated Martin Luther King Jr. Day by changing up the image on its homepage to showcase a photo and quote from the legendary civil rights leader.
“True peace is not merely the absence of tension; it is the presence of justice,” reads the quotation. To this, Apple ads, “We honor Dr. Martin Luther King Jr. and his leadership in civil rights.”
Apple CEO Tim Cook refused to take the bait about Apple Car during a Sunday interview with Chris Wallace of Fox News. After Cook commented that Apple continues “making the best products in the world,” Wallace asked if that would include an Apple Car.
Cook responded by laughing, and said he “can’t comment on rumors and so forth.” Wallace then pushed back, saying that Cook could comment, he was just choosing not to. “You’re right,” Cook said, ending the exchange. “I choose not to. Touché.”
CBS This Morning reports that Apple will make a “big announcement” on Wednesday. But what is about to be revealed remains a matter for speculation.
Unfortunately, it’s not a new product.
Update: Tim Cook announced on Wednesday a series of new Racial Equity and Justice Initiative projects, designed to fight systemic racism and advance racial equity across the U.S.
Apple CEO Tim Cook decried the shocking scenes that took place Wednesday in Washington, D.C., as supporters of outgoing President Donald Trump stormed the U.S. Capitol building.
“Today marks a sad and shameful chapter in our nation’s history,” Cook wrote on Twitter. “Those responsible for this insurrection should be held to account, and we must complete the transition to President-elect Biden’s administration. It’s especially when they are challenged that our ideals matter most.”
Apple CEO Tim Cook’s pay rose by a massive 28% in the company’s fiscal 2020, a regulatory filing reveals.
Cook took home the same $3 million basic salary he earned in 2018 and 2019. However, his non-equity incentive plan compensation increased from $7.7 million last year to $10.7 million. That brought his earnings for the year to $14.8 million — on the back of a spectacular year for Apple.
Apple could have bought electric automaker Tesla at a bargain price, according to Tesla CEO Elon Musk. But Apple’s chief executive wasn’t interested.
Musk revealed this historic bombshell Tuesday, alongside his comments on a recent report about Apple’s plans for a self-driving vehicle.
Apple CEO Tim Cook reportedly stepped in to squash an Apple TV+ series that would have chronicled the rise of controversial blogging network Gawker Media.
Earlier this year, Vanity Fair reported that Apple TV+ execs were working with former Gawker writers Max Read and Cord Jefferson, among others, on the series. Not much in the way of details were published. However, it sounds like it could have been a scripted show about the “glory days” of a blog known for “skewering the powerful.”
One of the potential problems? Apple and Cook could have been among the powerful in question.
Apple Park’s conference rooms are named after national parks, such as Grand Canyon. Apple Park has a two-and-a-half mile running track. Tim Cook has never used a selfie stick in his life.
These are three of the revelations that come out of a new Outside podcast episode, featuring a conversation with Cook as he and host Michael Roberts take a stroll through Apple Park. Along the way, the conversation touches on Cook’s love of nature and fitness, the design of Apple Park, AR, Apple’s health contributions, and more.
Tim Cook quoted poet Maya Angelou in a tweet commemorating Steve Jobs on Monday, the ninth anniversary of the Apple co-founder’s death.
“A great soul never dies,” Cook’s message reads. “It brings us together again and again.” Cook also added a personal note: “You’re always with us Steve, your memory connects and inspires us every day.”
Meanwhile, on the Apple website, admirers’ remembrances of Jobs flowed across a tribute page.
Tim Cook may well stay at the helm at Apple until at least 2025, according to SEC filings which detail the stock options that will vest in that time. Cook will receive 333,987 units of restricted stock options, vesting in thirds beginning April 1, 2023.
“For the first time in nearly a decade, we are awarding Tim a new stock grant that will vest over time in recognition of his outstanding leadership and with great optimism for Apple’s future as he carries these efforts forward,” Apple’s board of directors told Reuters.
Tim Cook is reportedly impressed by how well employees have managed to work remotely, and says that some of these new work habits will endure after COVID-19.
In an interview with the The Atlantic Festival on Monday, Apple’s CEO said he does not think the company will “return to the way we were because we’ve found that there are some things that actually work really well virtually.”
Much of Apple’s senior team, including 59-year-old CEO Tim Cook, are of a similar age. That means they’re probably not going to be in their roles for too many more years.
As Cook approaches a decade at the helm of Apple, a Friday report from Bloomberg claims that he and his team are “increasingly focused” on succession planning. That means cultivating its “next class of top managers” who could take the helm of the world’s most valuable company.
Tim Cook, a freshly minted billionaire thanks to Apple’s continued powerhouse performance, last week gifted more than $5 million worth of Apple shares to charity.
According to a U.S. Securities and Exchange Commission filings, Cook donated 10,715 shares on Friday. At close of play Friday, Apple was trading at $497.48. This week it has passed $500.
Apple’s surge past a $2 trillion market cap this week underlines just how well CEO Tim Cook’s vision works for shareholders. But is this good news for Apple fans?
The first publicly traded U.S. company to hit this milestone, Apple has transformed from one of the world’s dynamic companies into one that can be, well, kind of boring. The strategy that fueled this unprecedented success makes it far less likely that we’ll seen an insanely innovative product coming out of Cupertino in the future.
The CEO of Apple reportedly passed a huge milestone: He’s now a billionaire. Tim Cook’s net worth has risen significantly, partially as a result of Apple stock more than doubling in value in the past 12 months.
But Cook is not likely to stay a billionaire. And not for the reason you might think.
Apple on Tuesday said that Phil Schiller, the company’s senior vice president of worldwide marketing, will move on to become an Apple Fellow.
Schiller continues to report directly to Apple CEO Tim Cook in his new position, which involves leading the App Store and Apple Events. Greg “Joz” Joswiak takes up Schiller’s previous role.
Apple CEO Tim Cook mostly avoided questioning during Wednesday’s historic congressional antitrust hearing on the business practices of Big Tech.
Cook took only a handful of questions from the House Judiciary antitrust subcommittee. Lawmakers directed most of their questioning — which capped a year-long investigation into antitrust issues — at Cook’s fellow CEOs from Facebook, Google and Amazon.
Apple CEO Tim Cook defended App Store business practices and said his company treats all software developers equally as he faced questioning Wednesday in front of the House Judiciary antitrust subcommittee.
Cook said it’s in Apple’s best interest to treat devs fairly. The company wants the best and brightest to write iOS apps, he said, because killer software proves essential for a company engaged in a “street fight for market share in the smartphone business.”
Apple CEO Tim Cook will argue that his company does not dominate any market in which it does business when he appears before the House Judiciary antitrust subcommittee Wednesday, according to his opening statement released ahead of time (.pdf).
While Cook will say that “scrutiny is reasonable and appropriate,” he will assert that Apple refuses to make “concession on the facts” by agreeing that it is a monopoly. If anything, Cook will argue that Apple is no gatekeeper, but, through the App Store, has actually opened the gate to developers.
When Apple CEO Tim Cook takes questions from Congress on Wednesday, he’ll surely get an earful of software developers’ complaints about how the App Store operates. Chief among the criticisms will likely be the fact that Apple charges a percentage of revenue earned from in-app sales.
There’s not a bit of justification for any of these highly publicized complaints. They come from companies that want to have their cake and eat it, too.
When the CEOs of Apple, Amazon, Facebook and Google take questions Wednesday from the U.S. House Judiciary Antitrust Subcommittee, they likely will face intense scrutiny of their companies’ business practices. But just how tough will the questioning get?
Scott Galloway, a NYU Stern School of Business marketing professor who wrote the best-selling book The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google, thinks he knows what Congress will ask the executives. In a new article, Galloway laid out the questions Apple CEO Tim Cook and the others should expect.
Update: The hearing will now take place on Wednesday, July 29 at midday ET. It can be live-streamed here.
Tim Cook’s testimony in front of the U.S. House Judiciary Committee antitrust investigation has reportedly been postponed, according to CNBC.
The hearing was originally scheduled for Monday, July 27 at midday EST. However, two people “familiar with the matter” claim that it is being pushed back. This is due to its overlap with a memorial service for the late civil rights leader John Lewis.
With nearly 18 million Americans out of work because of the COVID-19 pandemic, Apple, IBM and other companies teamed up with the White House to help workers find new jobs.
The result is the Find Something New campaign. The program encourages to people explore a wide range of education and training options beyond the traditional four-year degree.
Tim Cook’s testimony in front of the U.S. House Judiciary Committee antitrust investigation committee will take place on July 27 at midday EST. The hearing, which will be live-streamed, will be accompanied by similar testimonies from Jeff Bezos of Amazon, Sundar Pichai of Google, and Mark Zuckerberg of Facebook.
The title of the investigatory hearings is “Online Platforms and Market Power” with a focus on “Examining the Dominance of Amazon, Facebook, Google, and Apple.”