Items tagged with tim cook

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...
Despite some fingers being pointed at China for some recent “man-in-the-middle” attacks on Apple, the company is still looking to expand its presence there. Apple CEO Tim Cook spoke to Chinese news portal Sina.com stating that the company plans to add 25 Apple-brand retail stores in Greater China within two years. Tim Cook also went on to talk about how the company will also increase its investment in China by an undisclosed amount. According to the website, Cook sees a lot of potential in China and that it could be the company’s biggest source of revenue saying, “In the... Read more...
Apple recently posted a security bulletin alerting iCloud users to the presence of "intermittent organized network attacks using insecure certificates to obtain user information," and though the company didn't publicly point a finger at China, several reports suggested that's where they're coming from. In response to the attacks, Apple CEO Tim Cook booked a flight to China today to try and resolve the issue. Citing China's state-run Xinhua News Agency, PCWorld says that Cook met with Chinese Vice Premier Ma Kai in Beijing to talk about improving cooperation in the telecommunication industry, as... Read more...
Save for the most cynical among us, most people would agree that Steve Jobs left this world far too early. Having battled cancer for several years, complications led to his passing at the age of 56. He left behind a wife of 20 years and four children, and of course his legacy in Apple, the company he co-founded in 1976. It's that legacy that Apple's current CEO Tim Cook focused on when addressing employees in an internal memo this weekend. The letter comes as we approach the three-year mark since Jobs died. In the time since, Cook has been tasked with filling impossibly large shoes, and behind... Read more...
Update, 0915 - 4:30PM - Apple is now offering iTunes users the ability to remove U2's new album, Songs of Innocence, from their library. However, the company warns that once the album has been removed users will not be able to re-download it as a previous purchase. The company also aid that the album will remain free for everyone until October 13, 2014. At this year’s Apple iPhone 6 event, there was another surprise for Apple users. During the event, U2 were introduced with the band’s singer and guitarist Bono. Along with Apple ceo Tim Cook, Bono announced that the band's latest... Read more...
Things took a turn for the awkward when a CNBC host accidentally "outed" Apple CEO Tim Cook as being openly gay. It occurred during a discussion on gay CEOs in which Jim Stewart, a columnist for The New York Times, visited the set of "Squawk on the Street" to discuss his upcoming column on John Browne, the former CEO of BP and the first CEO of a Fortune 500 company to publicly acknowledge being gay. During the discussion, Stewart says he was surprised that sexual orientation was still an issue that seems to trump financial performance when it comes to evaluating CEOs. Of the "many" gay CEOs he... Read more...
It might seem hard to fathom, but $300,000 is hardly the most expensive lunch date ever. In fact, it's not even the most expensive lunch date with Tim Cook, CEO of Apple. In a charity auction last year, the winning bid to spend some time with Cook eating and chewing the fat came to over $600,000, which obliterated what had been a record $255,000 winning bid for a sit down with former U.S. President Bill Clinton. By comparison, this year's winning bid is a steal. The CharityBuzz auction for lunch with Tim Cook this year brought in $300,001 for the RFK Center for Justice and Human rights. That's... Read more...
From a product release standpoint, we're still collectively waiting for Apple chief Tim Cook to make a splash and really knock our socks off. That's not to say he hasn't been a fine replacement for Steve Jobs -- Apple is still making an obscene amount of money, and Cook is more than willing to discuss how much friendlier his company is towards the environment compared to before he took over. In fact, if you're a shareholder who isn't on board with his green efforts, Cook would rather you dump your stock and invest elsewhere. Let's back up a quick second. Apple's efforts in renewable energy are... Read more...
It's good to be king, especially when your kingdom is the land of Apple. Right now Tim Cook is the one who wears the crown and he's compensated generously for his time on the throne. According to a recent regulatory filing, Apple compensated King Cook $4.25 million in 2013, representative of a 1.9 percent bump in pay compared to the $4.17 million he received in 2012. Cook received a base rate of $1.4 million plus more than $53,000 in benefits. The cherry on Apple's pie was a $2.8 million bonus, the most he was allowed to receive under Apple's compensation plan. A good thing too, because without... Read more...
It's been more than two years since Tim Cook was named CEO of Apple, and while one could argue there have been any truly revolutionary products to come out of Cupertino since he took the reins, he's done a mostly good job keeping investors happy and consumers interested. This past year was especially busy with the release of the iPhone 5, iPhone 5S, iPad Air, iPad mini with Retina Display, iOS 7, and new Mac Pro, plus a handful of product refreshes. He's built up a bit of momentum going into 2014, though don't expect Cook to dial it in next year. In a somewhat lengthy memo to employees that was... Read more...
Maybe sometime in the future, Google Glass will find a market among the masses and we'll be walking around with wearable computers on our heads. It's Google's vision to one day get to that place where a head mounted display (HMD) could replace many of the functions we all use our smartphones for, from snapping pictures and recording videos to getting directions and real-time information. That's point B, however, a long way from point A, which is where the $1,500 headset currently sits. Will it ever get there? It's too early to tell, but as far as Apple CEO Tim Cook is concerned, the road for Google... Read more...
How much would you be willing to donate to a charity auction to sit down for a cup of coffee with Apple CEO Tim Cook? If your answer is anything less than $605,000, then we regret to inform you that you're out of the running. The current winning bid now stands at $600,000 and the company handling the auction, Charity Buzz, requires the next bid to be at least $5,000 higher. Apparently there's no shortage of wealthy individuals who have some burning questions they'd like to ask Apple's chief. When we first reported on the auction last week, the high bid sat at $180,000 with 19 days left to go, putting... Read more...
With the highest of over 50 bids now at $180,000, someone is going to win a charity auction for what will undoubtedly be the most expensive cup of coffee ever. Those bidding aren't in it for the coffee, of course, but what comes with it -- one-on-one time with Apple CEO Tim Cook at his company headquarters in Cupertino, California. If you want to be that person, you have to bid at least $185,000 to trump the current high bidder. Proceeds from the auction, which runs until May 14, 2013, will go to to The Robert F. Kennedy Center for Justice and Human Rights. As for your time with Cook, the winner... Read more...
Apple CEO Tim Cook may soon find himself out of a job. That's assuming the latest rumors suggesting a disgruntled board are true. Over at Forbes, it's being reported that Apple's board is ready to make a major shakeup by ousting Tim Cook from his throne, and even if the wheels aren't already in motion, apparently some of the company's share holders would like to see it happen. As an avid sports fan who has seen good coaches fired from teams that under perform, I see some similarities at Apple. First and foremost, however, let's not forget how he came to power in the first place. Keeping in mind... Read more...
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