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Tim Cook Shares Details on Acquisitions, Future of Mac and More at Shareholders Meeting

Apple's took place this morning in a virtual format, allowing shareholders to vote on proposals and submit questions to Apple executives. Apple does not typically reveal product info in shareholder meetings, and 2021 was no exception. Much of what was said was a recap of the Q1 earnings results and a reiteration of Apple's policies on privacy, the environment, and other core values. Apple CEO Tim Cook told shareholders that 2020 was a period of prolific innovation. "Apple makes the best, mo...
Tags: Apple, Cook, United States, Tim Cook, Aapl, Apple Apple, Cook Cook, Cook Apple, Cook Focus


Apple Saw Largest Number of iPhone Upgraders Ever in Q1 2021

The launch of the new iPhone 12 models that have all-OLED displays, edge-to-edge designs, 5G connectivity, and significant camera improvements, drove an increase in both switchers and upgraders year over year, Apple CEO Tim Cook said during today's earnings call covering the first fiscal quarter of 2021. Cook said that while those switching over from Android and upgraders both increased, Apple saw the largest number of upgraders that it's ever seen in a quarter. "We're very thrilled about tha...
Tags: Apple, Cook, Tim Cook, Earnings, Cook Apple


Publishers Ask Apple CEO for Same App Store Deal Given To Amazon

A group of news publishers sent a letter to Apple Chief Executive Officer Tim Cook seeking similar deal terms in its App Store that Amazon.com gets for its video-streaming service. From a report: Apple takes 30% of the revenue from most subscriptions in its App Store, then 15% after the first year. But in late July, a congressional antitrust panel disclosed internal emails showing a more-favorable deal struck between Apple services chief Eddy Cue and Amazon CEO Jeff Bezos. They agreed to a 15% r...
Tags: Apple, Amazon, Washington Post, Tech, Tim Cook, Jeff Bezos, App Store, Bloomberg LP, Wall Street Journal, Amazon Prime Video, Cook Apple, Digital Content Next, Bloomberg News Read, Eddy Cue and Amazon, The New York Times News Corp


Apple's Services Segment Sees Double-Digit Growth in Q3 2020

Apple's services category, which includes iTunes, the App Store, Mac App Store, Apple Music, Apple Pay, AppleCare, Apple TV+, Apple Arcade, and more, continues to see major growth each quarter. According to today's earnings report covering the third fiscal quarter of 2020, Apple's services segment brought in $13.2 billion, up nearly $2 billion from the $11.5 billion earned in the third quarter of 2019, marking a June quarter record. Apple CEO Tim Cook said that Apple's record third quarter ...
Tags: Apple, Tim Cook, Earnings, App Store, Cook Apple


CEOs from Apple, Amazon, Google, and Facebook had to defend their companies against what lawmakers called 'a pattern of' monopolistic behavior. Here's how each was grilled during Wednesday's landmark hearing. (AMZN, GOOGL, AAPL, FB)

Wednesday's tech antitrust hearing was a grueling six-hour event in which House committee members grilled Jeff Bezos, Tim Cook, Mark Zuckerberg, and Sundar Pichai about their companies' market power.  Cook, Apple's CEO, received what seemed like the fewest questions, but he was asked about the App Store and how Apple treats app developers.  Zuckerberg was probed on Facebook's acquisition strategy and whether it bought companies like Instagram to "neutralize" a competitor.  Pichai, who is CEO o...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Cook, Instagram, Congress, Youtube, China, Trends, Georgia, Pennsylvania, Gop, Hillary Clinton, House


Tim Cook Assures Employees Apple is Staying Focused on What It Does Best

Apple CEO Tim Cook today addressed Apple employees at a virtual company-wide meeting held to address questions about work-from-home arrangements and when people can expect to return to their jobs in retail stores and corporate offices. Bloomberg shared details on the meeting, with ‌Tim Cook‌ calling the current health crisis an "uncertain and stressful moment" that Apple will recover from. Apple, said Cook, began the year with a strong balance sheet and will continue investing "in a really si...
Tags: Apple, South Korea, Cook, Bloomberg, Tim Cook, MacBook Air, Jeff Williams, Apple Watch Apple, Cook Apple


Tech companies like Apple and Blue Origin and universities like Duke are using their arsenals of 3D printers to produce millions of face shields for medical workers (AAPL, HP, F)

The nation's arsenal of 3D printers is being deployed to produce protective equipment amid the coronavirus outbreak.  Universities like Duke, Harvard, and Northwestern are using their 3D-printing facilities to produce up to 1,000 face-shield components per day.  And major corporations like Apple and Ford are pivoting to face-shield production as the nation's medical workers face a shortage of personal protective equipment. Visit Business Insider's homepage for more stories. The nation's st...
Tags: Apple, Amazon, New York, Cook, California, Kaiser Permanente, Stanford, Boston, New York City, US, America, Trends, Adidas, Snapchat, Chicago, Harvard


Tim Cook: Japanese Supplier Seiko Advance is the Reason Why iPhone 11 Pro is Available in Midnight Green (mac rumors)

Apple CEO Tim Cook in a December trip to Japan visited Seiko Advance, one of Apple's suppliers in the country, and in an interview with Nikkei that was published today, he explained that Seiko Advance is the reason why the iPhone 11 Pro and Pro Max are available in Midnight Green. Seiko Advance is a company that creates ink for devices like the iPhone. Cook was shown a vat of the Midnight Green dye when he visited Seiko Advance, and said that it was "only made by high-quality control and craf...
Tags: Apple, Japan, Cook, News, Tim Cook, Cupertino, Juli Clover, Cook Apple, Kabe, Gold Silver and Space Gray, Seiko Advance, Yukinori Kabe, Tim CookBuyer


Apple CEO Tim Cook took a chairman position at one of China's top business schools

Apple CEO Tim Cook has been appointed chairman of the advisory board for Tsinghua University's economics school in Beijing, the school announced. According to the university, Cook was elected to a three-year post, starting immediately. Cook was present at the university board meeting where his appointment was confirmed. Cook isn't the first Silicon Valley CEO to join the economics school's board. Mark Zuckerberg, Elon Musk, and Satya Nadella are all listed as board members too. Cook has come ...
Tags: Apple, Facebook, Mark Zuckerberg, Hong Kong, Cook, Microsoft, Steve Jobs, China, India, Satya Nadella, Trends, Beijing, Tim Cook, Alibaba, Marco Rubio, Silicon Valley


Apple CEO Tim Cook explains why you don't need a college degree to be successful (AAPL)

Apple CEO Tim Cook says there's a "mismatch" between the skills learned in college and the skills that businesses need, especially when it comes to coding. He also said that half of Apple's US employment last year was made up of people who did not have four-year degrees. The comments were made during the American Workforce Policy Advisory Board meeting on Wednesday. While a four-year college degree has become a common requirement for many jobs in the United States, even for positions that did...
Tags: Apple, Cook, Steve Jobs, US, Trends, Siri, Bureau of Labor Statistics, United States, Tim Cook, Hilton, Samsung Galaxy, Trump, Reed College, Cook Apple, American Workforce Policy Advisory Board, Tim Apple Cook


Microsoft's surprising comeback over Apple is the outcome of two new CEOs with radically different gameplans (AAPL, MSFT)

Microsoft briefly overtook Apple this week as the world's most valuable company. The development speaks volumes about investors' faith in the respective companies' futures and the leaders driving each company there. While Tim Cook has demonstrated that he's a great manager for Apple, he's repeatedly shown he's "not a product person," and he's left shareholders wondering about the company's next act. By contrast, Satya Nadella has resolutely directed Microsoft to its next act, and his vision is...
Tags: Apple, Spotify, Cook, Microsoft, Steve Jobs, Satya Nadella, Trends, Apple TV, Tim Cook, Steve Ballmer, Amazon Web Services, Apple Music, Apple Apple, Nadella, Cook Apple, Apple Cook


Apple banned Alex Jones and Infowars from its podcast directory. But Apple's App Store has different rules, and you can still download the Infowars app (AAPL)

    Apple said on Sunday that it will remove several Infowars podcasts from its iTunes directory, including the widely-viewed Alex Jones Show. However, the official Infowars app is still available from the Apple App Store. The Infowars app broadcasts the Alex Jones Show. The Infowars app has been downloaded about 60,000 times since it launched last month, according to an estimate.  Late Sunday night, Apple announced that it had removed several controversial Infowars podcasts from the iTunes ...
Tags: Apple, Google, Twitter, Nbc News, Trends, Hillary Clinton, United States, Tim Cook, App Store, Jones, Business Insider, Apple App Store, Alex Jones, Supreme Court Justice, Kerry Flynn, Infowars


Highlights of Apple's 2018 Shareholders Meeting (mac rumors)

Apple's annual shareholders meeting took place at the Steve Jobs Theater at Apple Park this morning, with shareholders gathering to vote on proposals and ask questions of Apple executives. Apple does not live stream its shareholders meetings, but several members of the press, such as CNET's Shara Tibken and Business Insider's Kif Leswing, were at the event and shared details on what was covered on Twitter. Image via Shara Tibken Much of the meeting was spent discussing shareholder proposa...
Tags: Apple, Cook, News, China, Tim Cook, Cnet, Shara Tibken, Ernst Young LLP, Juli Clover, Cook Apple, Apple Park, Steve Jobs Theater, Shara Tibken Much, Russia Cook, Cook Shareholders


New Apple products launched under CEO Tim Cook are dominating (AAPL)

Apple's CEO Tim Cook got a huge bonus this week.  He collected 560,000 shares of Apple, worth $89.2 million, according to a regulatory filing on Monday. After cashing out and paying taxes, he collected about $43 million.  Cook's bonus was connected to the company's performance — Apple stock has outperformed 81% of the S&P 500 in the past three years.  But Cook isn't just a financial wizard, and if you were giving the award based on Apple introducing innovative products and expanding into new mar...
Tags: Apple, Google, Amazon, Cook, Steve Jobs, Samsung, Trends, United States, Tim Cook, Apple Watch, Idc, Kgi Securities, Aapl, NPD, Cook Apple, Ming Chi Kuo He


Tim Cook: 'We Don't Buy' the Need to Give Up Privacy for AI

During today's fourth quarter 2016 earnings call, Apple CEO Tim Cook was asked about Siri, artificial intelligence, home assistants vs. mobile assistants, and balancing AI with security, which led to some interesting new insights into Siri's popularity and Apple's privacy stance. According to Cook, Apple is now getting more than 2 billion Siri requests per week. "It's very large," he said, "and to the best of our knowledge, we've shipped more assistant enabled devices than anyone out there." He...
Tags: Apple, Cook, Siri, Artificial Intelligence, Tim Cook, Amazon Echo, Don, Siri Apple, Cook Apple


App Store Developer Payout Hits $50 Billion, July Sets Record as Biggest Month Ever

Apple CEO Tim Cook today announced on Twitter that a new App Store record was set last month, with July seeing Apple's highest ever monthly billings for the App Store and the largest amount of money paid out to developers. According to Cook, Apple has now paid out more than $50 billion to developers over the lifetime of the App Store, which first launched for the iPhone in 2008, a year after the iPhone was released to the public. App Store revenue has been growing rapidly over the past several...
Tags: Apple, Google, Cook, United States, Tim Cook, App Store, Cook Apple


Tim Cook 'Optimistic' About iPhone 7 Sales, Sees 'Signs That are Positive'

During today's third quarter earnings call, Apple CEO Tim Cook told investors that he's "very optimistic" about prospective iPhone sales this fall, despite rumors suggesting the device will introduce only minor changes. In response to a question about speculation that iPhone upgrade rates will be low in 2016 based on circulating rumors that the iPhone 7 will mark only a modest update to the iPhone 6s, Cook said he sees "so many signs that are positive" that point towards solid sales numbers. ...
Tags: Apple, Cook, Siri, Tim Cook, Iphone 7, Cook Apple


Apple CEO Tim Cook: FBI's Backdoor Would Be 'Software Equivalent of Cancer'

Apple CEO Tim Cook today spoke with ABC News anchor David Muir, explaining Apple's decision to object to the court order that would require it to help the FBI break into the iPhone owned by Syed Farook, one of the shooters in the December attack in San Bernardino, California. In the interview, Cook reiterated much of what he wrote in the open letter where he announced Apple's plans to stand against the government and oppose the order to create a backdoor into iOS devices. According to Cook, ...
Tags: Apple, Cook, Fbi, Tim Cook, Abc News, David Muir, San Bernardino California, Farook, Syed Farook, Cook Apple, Apple-FBI


Apple's (Product) RED Holiday Campaign Raised $20 Million to Fight AIDS

For this year's World AIDS Day campaign, Apple ran several (Product) RED promotions, providing a (RED) section in the App Store and donating a portion of all retail and online sales from Friday, November 28 and Monday, December 1. According to an email Apple CEO Tim Cook sent out to Apple employees (via Re/code), the campaign was a huge success, earning more than $20 million for the (Product) RED charity, which uses its funds to fight AIDS in Africa. "I'm thrilled to announce that our total do...
Tags: Apple, Cook, Russia, Africa, Front Page, Tim Cook, Cook Apple