Items tagged with tim cook

Apple recently reported its first revenue decline in 13 years and its first ever year-over-year drop in iPhone sales. The consensus by some is that the market is saturated with smartphones and that Apple hasn't been an innovative company since the late Steve Jobs passed the torch to Tim Cook. Is that really the case? Cook says hold the boat. In an interview with CNBC's Jim Cramer, host of Mad Money, Cook called all the recent negative fuss over the iPhone amounts to a "huge overreaction." As far as Cook is concerned, the iPhone is far from dead, and the same is true of Apple as a whole, which generates... Read more...
All good things must come to an end, and for Apple, that means its enviable winning streak when it comes to its quarterly earnings. Apple today reported its fiscal Q2 2016 results and it represented the first time that the company has witnessed a year-over-year sales decline for its popular iPhones. Apple sold 51.2 million iPhones during the quarter compared to 61 million during the same period one year ago. Apple generated $50.6 billion in revenue for the quarter and net income of $10.5 billion ($10.90 per diluted share). Most companies would kill for those kinds of numbers, but it was an off... Read more...
Apple finds itself stuck between a rock and a hard place while the world watches to see how it wriggles out. Not that Apple is in any way hiding from the public—in a recent television interview with ABC News, Tim Cook offered some expanded thoughts on why he's not willing to comply with a court order to assist the FBI with breaking into an iPhone that belonged to one of the San Bernardino shooters. The overarching fear is that creating a backdoor into a secured iPhone would set a dangerous precedent, one that could later be abused. Cook is adamant that such a thing would put hundreds of millions... Read more...
It seems as though everyone has an opinion on Apple’s decision not to comply with the FBI’s request to unlock the iPhone 5c used by terrorists in December’s San Bernardino mass shooting. The noise surrounding the topic became louder when U.S. Magistrate Judge Sheri Pym ordered Apple to offer “reasonable technical assistance” to the FBI in unlocking device. The noise became deafening when Apple CEO Tim Cook fired back this morning, charging that the U.S. Government was overreaching. Never one to miss an opportunity to make his opinion known for all to hear, Donald Trump has spoken up on Apple’s... Read more...
Ever since Tim Cook took over the reigns as CEO of Apple in 2011, the mild-mannered man from Alabama seemed quite the polar opposite of the late and great Steve Jobs. Whereas Jobs was often brash and had a knack for using incisive language to skewer opponents, Cook often takes a more measured approach and is by far less abrasive. But that southern charm has been stripped away following the decision by a U.S. Magistrate Judge Sheri Pym that would force Apple to provide backdoor access to an iPhone 5c that was used by the terrorists that killed 14 people during a mass shooting on December 2nd in... Read more...
It’s no secret that the iPhone has long had a pretty good camera onboard, snapping fast and highly detailed photos. Apple is so proud of the iPhone’s camera that it launched a “Shot on iPhone 6” series last year which showcases the shooting capabilities of the iPhone’s camera (when handled by a skilled photographer). However, Apple CEO Tim Cook proved last night that the person actually taking the picture is just as important as the actual camera hardware. A lucky Cook found himself on the field at Levi’s Stadium following the Denver Broncos’ 24-10 win over the Carolina Panthers, and whipped out... Read more...
To outsiders looking in, it might seem as though Apple devices sell themselves. That isn't really the case, and if you pay attention to Apple's quarterly earnings reports, you'll notice that no matter how well the company performs, its stock price drops at the slightest hint that a particular product line or service isn't performing at peak levels. At present, it's the iPad line that has investors concerned, though Apple CEO Tim Cook believes a turnaround is ahead.Cook and a few other company bigwigs recently held a town hall meeting at Apple's headquarters to discuss the company's Q1 earnings... Read more...
Apple has become quite adept at tax avoidance by using the “Double Irish” loophole that effectively allows the company to shield its profits from tax authorities throughout Europe. Apple, however, is not alone, as companies like Microsoft and Google use similar schemes to save billions of dollars in taxes. Unfortunately for Apple, Italy has determined that the company was illegally shielding its taxable income by funneling cash through its Irish subsidiary, and it is forcing the American company to pay dearly. According to Italian prosecutors, Apple skipped out on 879 million euros ($958 million)... Read more...
The debate over smartphone encryption is a contentious on these days in tech circles. On one side, you have companies like Apple and Google which employ full device encryption to secure user data and keep it out of prying eyes — even if those eyes belong to law enforcement. On the other side, you have politicians in Washington along with various city, state, and federal level enforcement agencies clamoring to get their hands on secret backdoors to defeat encryption (and criminals, and terrorists… so they say). Apple has been one of the strongest proponents of device encryption and has fought against... Read more...
Tim Cook might seem like a soft spoken, mild mannered man from Alabama — well at least compared to former Apple CEO Steve Jobs — but there are some topics that get one of America’s most high-profile execs really worked up. And wouldn’t you know it, it’s one of two things that none of us can avoid: taxes (with the other being death). Cook sat down with 60 Minutes’ Charlie Rose for a segment that will air this Sunday, and the topic of discussion managed to crossover to taxes, and a visibly frustrated Cook did his best to explain Apple’s position on the billions of dollars that it holds overseas and... Read more...
Apple's catching some flak over its new Smart Battery Case for iPhone 6s devices. It's a $99 case that promises to bump talk time up to 25 hours, Internet use up to 18 hours (on LTE), and video playback up to 20 hours, but at the expense of an unsightly bulge on its backside, to name one of the complaints. What does Apple CEO Tim Cook think about the hump?"You know, I probably wouldn't call it a hump," Cook told Mashable during a recent coding event. "As you probably know from being a user of this now, one of the real insights here is, have you ever used other cases and tried to get them on?"Cook... Read more...
If you were hoping to see some sort of hybrid iPad/MacBook computing device in the future, similar in concept to Microsoft’s Surface Book, keep dreaming. Building on past comments related to the subject, Apple CEO Tim Cook doubled down, saying there’s no place for a hybrid iPad/MacBook in the marketplace. “We feel strongly that customers are not really looking for a converged Mac and iPad,” Cook reiterated in an interview this weekend. “Because what that would wind up doing, or what we’re worried would happen, is that neither experience would be as good as the customer wants. So we want to make... Read more...
Apple CEO Tim Cook isn’t making any friends on the PC side of the aisle this week. Cook took to the interview circuit this week to heavily promote the release of the new 12.9-inch iPad Pro and didn’t waste any time kicking some dirt in the eyes of PC fans around the world. When questioned on his thoughts about PCs, Cook wondered, “I think if you’re looking at a PC, why would you buy a PC anymore? No really, why would you buy one?” Many would take issue with those comments considering that those wanting a computer to do simple tasks like email, surfing the Internet and social networking don’t need... Read more...
On the eve of opening up sales for its highly anticipated 12.9-inch iPad Pro tablet, Apple CEO Tim Cook gave a wide-ranging interview in which he talks about topics ranging the United Kingdom’s efforts to snuff out smartphone encryption and user privacy in the name of national security to future medical devices. The UK’s Investigatory Powers Bill [PDF], a newly proposed cybersecurity measure, would allow law enforcement officials and even spies to access internet connection records (ICRs) stored on your smartphone or on your computer. And how exactly would these parties have access to your data?... Read more...
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