Items tagged with tim cook

Apple had some rather sedate announcements for both OS X (El Capitan) and iOS (iOS 9) earlier today, and with the exception of Split View for iPads, nothing was really groundbreaking. That same sentiment carries over to Apple’s newest operating system: WatchOS. WatchOS was first shown off last year at the iPhone 6/iPhone 6 Plus keynote, and Apple is already looking to its second iteration of the Apple Watch's operating system: WatchOS 2. The biggest addition to WatchOS 2 is the support for native apps. For anyone that’s used an Apple Watch, you know that third-party apps can sometimes be a chore... Read more...
Apple boss Tim Cook made a surprise appearance at an orientation session for winners of his company's WWDC Scholarship Program. While at the event, he took selfies with students and talked about a number of subjects, including one that's been a point of focus several major technology companies during the past year -- diversity.When asked why Apple needed to put more effort in ensuring its workforce is a diverse one, Cook got straight to the point."It's the future of our company," Cook said. "I view these people that I talk to today as the future generations of the company, and they will either... Read more...
Apple chief Tim Cook came out swinging during EPIC's Champions of Freedom event in Washington where he was being honored for corporate leadership. His remotely beamed acceptance speech talked about privacy and security, and without calling out other big tech firms by name, he took shots at companies and competitors like Facebook and Google. "I’m speaking to you from Silicon Valley, where some of the most prominent and successful companies have built their businesses by lulling their customers into complacency about their personal information," said Cook. "They’re gobbling up everything they can... Read more...
Apple is riding high these days. The company is coming off a blockbuster [calendar] Q4 in which it sold a record 74.5 million iPhones. Apple’s stellar performance was enough to put it ahead of Samsung in global smartphone sales for the quarter. Likewise, Apple made a record $18 billion in profit for fiscal Q1 on sales of $74.6 billion. With this in mind, Fortune sat down with CEO Tim Cook in a wide-ranging interview that gives more than a bit of insight into the man behind the seemingly unstoppable Apple freight train. Apple is definitely a different company under the leadership of Cook; just look... Read more...
You have to hand it to Apple, it thinks big. Apple executives are confident in their products and seem to have a pretty good idea about what customers want. The “Apple Way” has also allowed Apple to become the world’s largest listed company. However, with Apple’s success comes more than a bit of arrogance. This time around, CEO Tim Cook is wagging his finger at the competition with regards to the upcoming Apple Watch (which will retail from $349 to $17,000). In a new interview with Fast Company, Cook describes why his competitors have “gotten it wrong” with the current crop of smartwatches. “The... Read more...
Over the past week, rumors have persisted that Apple is preparing to enter the auto manufacturing business. This speculation was first fueled by the appearance of Chrysler minivans dotting the country that are registered to Apple, Inc. The Wall Street Journal took things a bit further, reporting that Apple has been hiring former, high-level auto industry employees, and has roughly 100 people working on an electric vehicle under the codename “Titan.” Needless to say, many folks in the auto industry are rightly skeptical of a new entry from Apple. Breaking into the auto market is not exactly easy,... Read more...
Smartwatches running Google’s Android Wear operating system have been on the market since mid-2014 and roughly 720,000 units have been sold to date according to Canalys. Apple, on the other hand, has much higher expectations for its first entry into the nascent smartwatch market. According to a new report from The Wall Street Journal, Apple is requesting production of five to six million units of the Apple Watch for its April launch. Apple is looking to blanket three sectors of the market with a “Good, Better, Best” approach. The entry-level model is the aluminum-clad Apple Watch Sport, while the... Read more...
The Apple Watch is one of the most highly anticipated consumer electronics device launches set for this spring. Although Apple sought to bring the smartwatch to consumer in early 2015, Apple CEO Tim Cook clarified last month that the device will actually land sometime in April. We already know quite a bit about what the Apple Watch can do. We know that it will mainly serve as a secondary display for your iPhone (which will power most of its functions) and will display incoming notifications, quickly give you easily digestible bits of information (stock quotes, weather, calendar events, etc.), track... Read more...
Apple took an important step in making good on CEO Tim Cook’s promise to make Apple’s new campus “the greenest building on the planet.” The company announced that it plans to spend $850 million as part of a massive, 25-year solar power purchase agreement with a solar power farm in California. The farm, which will belong to Tempe, Arizona-based First Solar, has yet to be built. However, following its completion in 2016, the farm will supply Apple with up to 130 megawatts of power from what has been dubbed the “California Flats Solar Project.” The Monterey County solar farm will power the... Read more...
There are several questions surrounding Apple's forthcoming Apple Watch. For example, will it be a hit? How long with the battery life be? Will it blend? And of course one of the most frequently asked questions, when will it launch? The only answers we've gotten to most of them have been rumors and speculation, though that changed when Apple CEO Tim Cook decided to reveal a launch window.Cook used the company's quarterly earnings call to formally and officially announce that the wearable should be ready to ship in April 2015, a month later than the March time frame that had been making the water... Read more...
As we alluded to in our article earlier today, Apple has just announced its earning for fiscal Q1 2015. The results are nothing short of astonishing, as Apple had record quarterly revenue of $74.6 billion and along with record quarterly net profit of $18 billion. Yes, you heard that correctly, $18 billion in profit for a single quarter. For comparison, Microsoft yesterday reported a net profit of $5.86 billion for its most recent quarter. Gross margins were also through the roof, coming in at 39.9 percent compared to 37.9 percent for the same period one year ago. Earnings came in at $3.06 per diluted... Read more...
Apple chief Tim Cook isn't all that happy with a BBC report alleging poor working conditions and the overall mistreatment of workers at its Chinese manufacturing facilities where popular devices like the iPhone 6 and iPad Air 2 are made. The scathing report prompted Apple's Senior Vice President of Operations, Jeff Williams, to send out an email to about 5,000 staff members in the U.K. today saying that he and Cook were "deeply offended" by BBC's accusations.The BBC report alleged a number of work place violations and poor conditions in general, such as employees falling asleep during 12 hours... Read more...
By his own admission, Apple CEO Tim Cook is gay. It seems silly that such a thing could make headlines, but the reality is, we live in an era where coming out as being gay can have a profound impact, especially by a person in power. In this case, that person is one of the most recognizable figures in the technology sector and in charge of a company worth in the neighborhood of $630 billion. Cook didn't just come out, he penned an editorial in Bloomberg announcing his sexual orientation and why he's now chosen to disclose it. In it, he brings to light Dr. Martin Luther King's belief that the most... Read more...
Over the weekend, CVS joined Rite Aid in taking steps to prevent customers from using Apple Pay to make purchases. Despite the steps taken, Apple CEO Tim Cook appeared to be unaffected by this move. During this week’s Wall Street Journal Digital Live conference, when asked if CVS and Rite Aid’s strategy would be a challenge for Apple Pay, Cook answered, “I think it’s a skirmish, is the way I would see it.” Cook then went on to reveal that, within 72 hours of Apple Pay’s launch, more than 1 million cards were activated. Currently, there are 34 businesses... Read more...
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