Latest in Tim Cook

UPDATED: Oprah Winfrey just committed to donate $1 Million to support those facing food insecurity due to the COVID-19 pandemic, with $1 Million going to support the America’s Food Fund launch. Add that to another $9 million she’s donating to other food causes, and that is an incredibly generous commitment for a…

Apple is closing all its retail stores outside Greater China as the global corporation responds to the coronavirus crisis. The closure will last until March 27 and hourly workers will continue to be paid. Apple CEO made the declaration on Apple’s website. The corporation has 500 retail stories worldwide. Apple today…

Apple CEO Tim Cook saw his annual compensation fall 26% to $11.56 million for 2019, the tech giant reported Friday, in a year the company launched its foray into streaming with Apple TV+ and its valuation surpassed $1 trillion. According to an SEC proxy filing this afternoon, Cook’s salary remained unchanged for a…

UPDATED with closing stock price. There was no ribbon-cutting or fireworks display. No rang the opening bell of the stock exchange. Instead, Apple did what Apple does in rolling out Apple TV+, the company’s long-awaited, multi-billion-dollar bet on original streaming programming. The service went live quietly and…

Despite flagging revenue from its flagship device, the iPhone, growth in Services and Wearables helped Apple beat Wall Street estimates for its fiscal fourth quarter. Adjusted earnings per share of $3.03 in the period ending September 30 eclipsed the consensus forecast by analysts for $2.84. Total revenue reached $64…

New York’s Lincoln Center has lately turned into a high-profile backdrop for the streaming wars. Last month, Netflix stormed the bastion of high culture during the New York Film Festival. On Monday night, Apple took over Lincoln Center’s vast plaza for the world premiere of The Morning Show, which producer and star Jen…

UPDATED with closing stock price. Apple stock hit a new all-time high Friday amid U.S.-China trade optimism, a day after a leaked memo from CEO Tim Cook explained his decision to remove an app from the App Store after complaints from China. Shares in the tech giant closed at $236.21, up nearly 3% for the day, after…

UPDATED with closing price. Apple’s $4.99-a-month entry into the streaming derby “won’t drive profits” but “will eventually lead to an Amazon Prime-like bundle” and also help its product ecosystem, in the view of Wall Street firm Macquarie Research. UBS said the price is “lower than most expectations, undercuts all…

Apple finally released details for its forthcoming streaming service, Apple TV+, setting a launch date of November 1 and an introductory price of $4.99 per month. The service will roll out its first original series at launch and then add more originals every month, CEO Tim Cook said during the company’s product event…

Apple CEO Tim Cook said during his keynote address to Stanford’s graduating class on Saturday that the technology industry, despite good intentions, has failed to take responsibility for issues arising on privacy and hate speech, creating “chaos” by its inaction. “Too many seem to think good intentions excuse away…

Tim Cook, Apple’s CEO, believes a degree of regulatory scrutiny is “fair” given the company’s sprawling scale, but he insists it is “not a monopoly.” He made the comments to CBS News (see the video below) as Apple unveiled a range of new products and services at its developers conference in San Jose on Monday. On the…

UPDATED with details throughout. At its Worldwide Developers Conference, Apple is unveiling a range of new products and features, including some TV enhancements precede the highly anticipated arrival of streaming service Apple TV Plus. CEO Tim Cook kicked off the event by introducing the trailer for the company’s…