Tag Archives: Tim Cook

Apple Lowers Revenue Forecast, Cites China Trade War

Business Insider reports: Apple CEO Tim Cook on Wednesday warned investors that the company expects to fall as much as $9 billion short of its earlier revenue target for the first fiscal quarter of 2019. In a rare guidance revision, Cook pointed to a struggling market in China as the biggest factor for the change. Cook added that “rising trade …

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TEXAS: Apple To Build Billion Dollar Austin Campus

NPR reports: Apple plans to build a 133-acre campus in Austin, Texas, that will cost $1 billion and employ 5,000 new workers, the company announced Thursday. The company says the move is expected to make it the largest private employer in Austin. Apple already employs more people in Austin, some 6,200 workers, than it does in any other city outside …

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Tim Cook: Being Gay Is God’s Greatest Gift To Me

CNN Money reports: Four years ago, Tim Cook became the first CEO of a major company to come out as gay. He says he’s happy about that distinction — and his decision. “I’m very proud of it,” the Apple CEO told Christiane Amanpour on Wednesday in an exclusive interview for her program on CNN International and PBS. Being gay is …

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Apple Will Now Let You See All Their Data On You

TechCrunch reports: Apple has refreshed and expanded its privacy website, a month after its most recent iPhone and Mac launches. You’re not going to see much change from previous years — the privacy pages still state the same commitments that Apple’s long held, like that privacy is a “fundamental human right” and that your information is largely on your iPhones, …

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Tim Cook Calls For More Privacy Regulations [VIDEO]

Business Insider reports: The amount of information about individual users stored online and on their phones is enormous, Cook said in an interview with Vice News Tonight on Tuesday. The tech industry hasn’t done a good job of respecting and protecting that data, he said. “I’m not a pro-regulation kind of person, I believe in the free market deeply,” Cook …

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Apple Unveils New Huge iPhone XS Max [VIDEO]

The Verge reports: Apple has announced its next generation of iPhones, and one of them is by far the biggest iPhone yet. The two new models are called the iPhone XS and iPhone XS Max. They look almost identical to their predecessor, but there are two immediate differences: for one, they’re both available in gold, unlike last year; and more …

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Trump To Dine Tonight With Apple CEO Tim Cook

The Hill reports: President Trump will dine with Apple CEO Tim Cook on Friday, praising the tech leader in a tweet for making investments in the U.S. Trump announced late Friday that he would meet with the CEO, a dinner conversation that will take place just days after the president met with a number of business leaders representing various industries …

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Apple Becomes First Public Company Worth $1 Trillion

The New York Times reports: In 1997, Apple was on the ropes. The Silicon Valley pioneer was being decimated by Microsoft and its many partners in the personal-computer market. It had just cut a third of its work force, and it was about 90 days from going broke, Apple’s late co-founder, Steve Jobs, later said. On Thursday, Apple became worth …

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Zuckerberg Hits Back At Apple: Just Because Facebook Is Free Doesn’t Mean We Don’t Really Care About You

Business Insider reports: Mark Zuckerberg fired back at Tim Cook after the Apple CEO criticized Facebook amid a burgeoning scandal around the company’s data practicies and its role in political campaigns. Cook said that “privacy to us is a human right” and a “civil liberty,” and ultimately, because Facebook is a free service, the users become the products that are …

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Apple Set To Become First Trillion-Dollar Company

Reuters reports: Apple Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were “off the charts,” but it might be the company’s market capitalization that needs a bigger graph. Positive reviews for the new device and expectations that many users are on the verge of upgrading from older …

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LIVE VIDEO: Apple Unveils New $1000 iPhone

Allegedly $1000. The Verge reports: After months of speculation and anticipation, we’re only a few moments away from Apple’s big event where the company is expected to announce the new iPhones, along with updates to the Apple Watch and Apple TV. The spotlight is expected to be firmly on the iPhone X, a new, top-of-the-line model that’s rumored to feature …

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Apple Donates $2 Million To Fight Nazis

USA Today reports: Apple CEO Tim Cook said the company would donate $2 million to anti-hate groups, releasing a staff memo that rebuked President Trump and others who claim a “moral equivalence” between white supremacists and the protesters who countered them in last week’s deadly Virginia rally. Cook sent a memo to employees Wednesday pledging the donations to the Southern …

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Apple Ponders Suit Over Trump’s Travel Ban

NBC News reports: Business is anything but usual for some of America’s largest companies, as they question — or blatantly decry — President Trump’s immigration ban. Google, Amazon, Starbucks, and Facebook are just a few of the big names to have stepped forward and denounce Trump’s executive order, which restricts the entry of refugees and citizens from seven Muslim-majority countries, …

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Apple’s Tweet Upstages Tim Cook’s iPhone 7 Reveal

TMZ reports: Apple’s big reveal for iPhone 7 was upstaged thanks to its own Twitter account … where images of the new phone were leaked even before CEO Tim Cook could unveil it. Cook was right in the middle of the iPhone debut presentation from Apple HQ — but hadn’t actually shown the device … when a few tweets went …

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Apple CEO Tim Cook To Host Fundraiser For Paul Ryan

Via Politico: Apple CEO Tim Cook will host a fundraiser with House Speaker Paul Ryan next week as the iPhone maker tries to strengthen its relationships with key Republicans — despite its decision to pull support for the GOP convention because of its distaste for Donald Trump. Cook will help generate cash for Ryan at a private breakfast on June …

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Apple Won’t Fund GOP Convention Because Trump

Politico reports: Apple has told Republican leaders it will not provide funding or other support for the party’s 2016 presidential convention, as it’s done in the past, citing Donald Trump’s controversial comments about women, immigrants and minorities. Unlike Facebook, Google and Microsoft, which have all said they will provide some support to the GOP event in Cleveland next month, Apple …

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CALIFORNIA: FBI Unlocks San Bernardino Terrorist’s iPhone On Their Own, Drops Lawsuit Against Apple

From the Los Angeles Times: Federal officials on Monday dropped their legal fight against Apple after unlocking the iPhone used by an assailant in last year’s San Bernardino terror attack, leaving unsettled a vexing debate over privacy and security amid rapid advances in technology. The move comes a week after Justice Department officials put a sudden hold on their demands …

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Apple CEO Tim Cook Vows To Continue Fight Against Feds: We Have A Responsibility On Privacy [VIDEO]

MacWorld reports: On Monday, Apple chief executive Tim Cook positioned his company’s stance on protecting privacy as a patriotic duty. Cook addressed the ongoing iPhone privacy issue briefly as part of a presentation where Apple is expected to announce an new iPad Pro mini as well as a smaller iPhone. “We built the iPhone for you, our customers,” Cook said. …

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MORE PANIC: Tech Execs & Top GOP Leaders Meet At Opulent Georgia Resort To Talk #DumpTrump

From the Huffington Post: Billionaires, tech CEOs and top members of the Republican establishment flew to a private island resort off the coast of Georgia this weekend for the American Enterprise Institute’s annual World Forum, according to sources familiar with the secretive gathering. The main topic at the closed-to-the-press confab? How to stop Republican front-runner Donald Trump. Apple CEO Tim …

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Apple Shareholders Asked To Vote For Corporate Policy On Operating Where Homosexuality Is Illegal

Via press release: At today’s Apple shareholder meeting in Cupertino, California, shareholders will vote on a resolution submitted by the National Center for Public Policy Research, a shareholder, requiring Apple’s management to prepare a report identifying Apple’s criteria for operating in regions with significant human rights violations. Apple operates in 17 nations in which homosexual activity is illegal. In four …

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