Latest in Tim Cook

Tech giant Apple Wednesday unveiled a new developer program that reduces App Store commissions by half to 15% for businesses earning up to $1 million a year. It said the goal is to "accelerate innovation and help small businesses and independent developers propel their businesses forward with the next generation of…

Tech giant Apple posted solid sales and profit for the fiscal fourth quarter ended in September, but CEO Tim Cook spooked investors a tad Thursday as the company declined to give guidance for the current first quarter. Cook apparently told CNBC that uncertainty around the spread of the pandemic “made it a tough…

In an online appearance Monday at The Atlantic Festival, Apple CEO Tim Cook declined the opportunity to express any criticism of the U.S. government for its response to COVID-19. Atlantic editor-in-chief Jeffrey Goldberg, in a 20-minute talk with Cook that was recorded late last week and streamed during the festival’s…

Apple on Thursday committed $100 million to what CEO Tim Cook called “the unfinished work of racial justice and equality.” YouTube announced a $100 investment today as well to amplify black voices, and Sony Pictures unveiled the Sony Pictures Action initiative. They are the latest media, entertainment and tech…

In an open letter titled “Speaking Up on Racism,” Apple CEO Tim Cook said it was vital to confront “the everyday experience of deeply rooted discrimination.” The tech exec did not identify a specific dollar amount, but said the company is “donating to organizations including the Equal Justice Initiative, which…

Apple executives cited the recently launched Apple TV+ as a positive contributor to the tech giant’s record services revenue of $13.3 billion in the first quarter. CEO Tim Cook also took note of special co-ordination with A-list talent during the COVID-19 pandemic. “We worked with everyone from Oprah to Lady Gaga to…

UPDATED with Bezos donation: Amazon’s Jeff Bezos has committed to donate $100 million and Oprah Winfrey $1 million to support those facing food insecurity due to the COVID-19 pandemic. Bezos’ donation to Feeding America is the largest single gift in the charity’s history. “Even in ordinary times, food insecurity in…

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…