Page 5 - Tim Cook

Tim Cook's love for China helps Xi Jinping fight fears of economic slump

The People's Daily newspaper, an official mouthpiece for the Chinese Communist Party, has said that China is an indispensable part of the global supply chain

Apple CEO Cook meets Chinese commerce minister, unveils investment plans

He said China is promoting tech innovation, and that sectors like artificial intelligence and cloud computing offer massive opportunities to companies like Apple

Apple CEO Tim Cook visits Shanghai, with China sales under pressure

His visit comes after the iPhone maker announced that it would open a new retail store in the heart of the Chinese financial hub on Thursday

Apple to pay $490 mn for misleading investors about iPhone sales in China

Apple has agreed to pay USD 490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone's sales in China that culminated in a jarring revision to the company's revenue forecast. The preliminary settlement filed on Friday in Oakland, California, federal court stems from a shareholder lawsuit focused on the way Apple relayed information about how iPhone models released in September 2018 were performing in China, one of the company's biggest markets. Cook signalled that the new iPhones were off to a good start during an investor conference call in early November 2018, according to the complaint. That reassurance dissolved into a huge letdown on January 2, 2019 when the Cook issued a warning that Apple's revenue for the just-completed quarter would fall USD 9 billion below management's forecast for the period. What's more, virtually all of the sales drop was traced to weak demand in China. It marked the first time Apple had cut i

Apple reaches $490 mn settlement over CEO Tim Cook's China sales comments

It stemmed from Apple's unexpected announcement on Jan. 2, 2019 that the iPhone maker would slash its quarterly revenue forecast by up to $9 billion, blaming U.S.-China trade tensions

Tim Cook confirms Apple AI integration coming later this year: Report

Apple will likely overhaul iOS for iPhone by integrating generative artificial intelligence at the operating system level

New vision: Apple takes a humble approach to launching its newest device

Analysts expect Apple to sell about 400,000 units of the Vision Pro this year. By contrast, the company sold an estimated 12 million Apple Watches in 2015, analysts said

Apple supplier Luxshare to control Taiwan rival's iPhone assembly site

The acquisition is expected to give Luxshare a better chance at competing with Taiwan's Foxconn Technology Group, Apple's primary manufacturing partner

The late-night email to Tim Cook that set the Apple Watch saga in motion

Masimo's goal, people close to the matter say, was for the ITC to impose its ban in the summer

How will Apple, the poster boy of Make in India, deal with end of PLI?

To get more scale than envisaged and nearly double the value addition, Apple's vendors will need to replicate the model of Chinese mega-factories in India

Want someone from within Apple to succeed me as CEO, says Tim Cook

Apple CEO Tim Cook refused to reveal who all were being considered as Apple's next CEO, when he steps down

Apple rings in strong double-digit growth to hit record India revenue

In its third quarter results, the company had posted a quarterly revenue of $81.8 billion, down one per cent year-on-year

India an extraordinary market, lot of headroom for growth: Apple's Tim Cook

Cook said that Apple's iPhone revenue was ahead of the company's expectations, and the two stores it opened in the country are doing better than anticipated

Apple CEO Tim Cook gets $41 million from biggest share sale since 2021

Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021

Apple CEO Tim Cook gets $41 million from biggest share sale since 2021

Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021

Apple introduces Watch Series 9 with new 'Double Tap' feature: Details here

According to a report by US-based tech portal TechCrunch, the new smartwatch is powered by the new S9 chip, which the company claims is 60 per cent faster, coupled with a 30 per cent faster GPU.

iPhone 15 series: USB-C to Action button, what to expect from Apple phones

Apple has sent out invites for its upcoming special event, titled Wonderlust, which is scheduled for September 12, where the US technology giant is expected to announce the iPhone 15 series

Apple India revenue grows double digits to hit June qtr record: Tim Cook

The company posted a quarterly revenue of $81.8 billion, down 1 percent year-on-year (YoY), and quarterly earnings per diluted share of $1.26, up 5 per cent YoY

Tata group closes in on deal to become India's first iPhone manufacturer

Tata group is in talks to acquire Wistron's factory in Karnataka, which is potentially valued at over $600 million and employs over 10,000 workers

Tim Cook says he uses OpenAI's ChatGPT but highlights need for regulations

Apple CEO Tim Cook said that regulation is necessary in the AI space and that he believes that guardrails should also be in place