Articles tagged Tim Cook
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John Ternus Becomes Apple CEO Tomorrow With Nine Days Until the iPhone Event
Posted by Andru Edwards Categories: Apple, Corporate News,
Today is Tim Cook's last day as CEO of Apple. Tomorrow the job belongs to John Ternus, and nine days after that he has to walk onto a stage and sell you an iPhone. That is the entire honeymoon.
Apple announced the handover back in April, so the date is not a surprise. The placement of it still is. Apple chose to swap chief executives in the week before its biggest launch of the year, which makes Ternus's first public act as CEO the September 9 keynote, an event Apple is calling "Surprise and Shine." Most companies give a new boss a quiet quarter. Ternus gets a countdown.
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Tim Cook Has One Week Left, and Ternus Inherits an Apple Mid-Pivot
Posted by Andru Edwards Categories: Apple, Corporate News,
Apple threw Tim Cook a party. Roughly 200 people at Caffè Macs, OneRepublic playing in the courtyard, tributes from Laurene Powell Jobs, services chief Eddy Cue, former COO Jeff Williams, and the man taking his job. It happened on August 23, one day before the fifteenth anniversary of the day Cook replaced Steve Jobs.
On September 1, John Ternus becomes Apple's eighth CEO. Cook doesn't leave the building, though, as he becomes executive chairman. He'll be focused on engaging with policymakers around the world, which is a polite way of saying he keeps handling the regulators and trade fights he has spent a decade getting good at.
Click to continue reading Tim Cook Has One Week Left, and Ternus Inherits an Apple Mid-Pivot
Apple Posted Its Best June Quarter Ever. The Stock Fell 6% Anyway.
Posted by Andru Edwards Categories: Apple, Corporate News,
Apple just posted the best June quarter in its history. Record revenue, record iPhone sales, record Mac sales, records in every single geography it reports. The stock fell more than 6% in after-hours trading.
That gap is the whole story. The quarter Apple reported is already over, and it was excellent. The quarter Apple guided to is the one investors reacted to, and it comes with a warning that the company cannot build enough of what people want to buy, at margins that keep shrinking for reasons outside its control.
Click to continue reading Apple Posted Its Best June Quarter Ever. The Stock Fell 6% Anyway.
Geared Up: Apple TV+, Apple Card, Apple Arcade and the Rest of Apple’s New Services
Posted by Andru Edwards Categories: Apple, Corporate News, Home Entertainment, Video Games, Videos,
Apple unveiled a host of new services at their March 25th event this week (be sure to check out my full wrap-up video of the Apple event!), and we take a look at each one in this episode of Geared Up!
- Apple TV+ is the company's new original TV and movie subscription service.
- Apple Card is a credit card from Apple that aims to change the way consumers use and view credit cards and their financial data.
- Apple News+ is a new subscription news service that gives you unlimited access to over 300 magazines and newspapers for a flat monthly fee.
- Apple Arcade is a subscription gaming service with 100 exclusive games for iPhone, iPad, Apple TV, and Mac.
Listen to the episode in the player below or subscribe to Geared Up in your favorite podcast app to listen on the go:
Listen to this episode of the Geared Up podcast for analysis of the latest from Apple and its new services.
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Steve Jobs refused Tim Cook’s liver transplant offer
Posted by Andru Edwards Categories: Apple,
Fast Company has an adaptation of one of the stories from Becoming Steve Jobs: The Evolution of a Reckless Upstart Into a Revolutionary Leader, which releases one week from today on March 24, which you can pre-order now. Here's a short excerpt:
"Somebody that’s selfish," Cook continues, "doesn’t reply like that. I mean, here’s a guy, he’s dying, he’s very close to death because of his liver issue, and here’s someone healthy offering a way out. I said, ‘Steve, I’m perfectly healthy, I’ve been checked out. Here’s the medical report. I can do this and I’m not putting myself at risk, I’ll be fine.’ And he doesn’t think about it. It was not, ‘Are you sure you want to do this?’ It was not, ‘I’ll think about it.’ It was not, ‘Oh, the condition I’m in . . .’ It was, ‘No, I’m not doing that!’ He kind of popped up in bed and said that. And this was during a time when things were just terrible. Steve only yelled at me four or five times during the 13 years I knew him, and this was one of them.
You can head on over to Fast Company to read the full story. Definitely worth your time.
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WWDC 2014: All the big Apple OS X & iOS news!
Posted by Andru Edwards Categories: Apple, Smartphones, Corporate News, Handhelds, PC / Laptop, Software,
Yesterday was another big Apple event, and there was a lot of news coming out of the WWDC 2014 keynote--we got a look at OS X Yosemite, iOS 8, and much more. Here's a look at everything we covered in one easy place:
- First official look at OS X Yosemite at WWDC
- Purported leaked images of OS X 10.10 leak new UI and design changes
- OS X Yosemite: Translucent window UI, dark mode, new icons, and more
- iCloud Drive: Apple finally lets you browse and store iCloud documents on Mac, iOS, and Windows
- OS X Yosemite will be released this fall for free, public preview coming this summer
- Apple shows off iOS 8 Health app & HealthKit platform
- iOS 8 to debut third-party keyboards, here comes Swype
- iOS 8 introduces new time-lapse camera mode
- OS X Mavericks was downloaded 40 million times in 8 months
What are you most looking forward to?
OS X Mavericks was downloaded 40 million times in 8 months
Posted by Andru Edwards Categories: Apple, Corporate News, PC / Laptop, Software,
OS X Mavericks has the fastest adoption of any PC operating system in history.
Apple TV surpasses 20 million units sold, no longer a “hobby”
Posted by Andru Edwards Categories: Apple, Corporate News, Home Entertainment,
Apple CEO announced that Apple TV sales have now surpassed 20 million during today's Q2 2014 earnings call. As such, the company recently stopped referring to the Apple TV business as a "hobby," as it's done for the past seven years or so.
"I'm feeling good about this business and where it could go," Tim Cook said, further revealing that the company stopped calling the product segment a hobby once it pulled in $1 billion in revenue in 2013. "it didn’t feel right to me to refer to something that brought in a billion dollars as a 'hobby,'"
Now, the Apple TV is an "area of intense interest"--no longer a hobby, indeed. The last major Apple TV hardware release came in 2012. Since then, the company has added many new channels of content over time. Rumors continue to persist that Apple will release a new Apple TV set-top box with expanded functionality, while others say that the company is set to reveal a full-on 4K Ultra High Definition television set of its own.
You can pick up the current Apple TV at a discount on Amazon.
60% of iPhone 5c & iPhone 4s buyers are switching from Android
Posted by Andru Edwards Categories: Apple, Smartphones, Corporate News,
During today's Apple earnings call, CEO Tim Cook announced that 62% of current iPhone 4S buyers, and 60% of current iPhone 5c buyers are switching over from Android devices. The iPhone 4s is currently free with two-year contract, while the iPhone 5c is $99 (sometimes less) with the same term agreement (see our iPhone 5c review.) These numbers bring new light to the question that many ask, wondering why Apple keeps the iPhone 4s around, or why it made the iPhone 5c in the first place. They provide an inexpensive entry point with powerful hardware for users who just want to get started in the iOS ecosystem, without having to spend on a higher-priced flagship Apple device. By that tune, it would appear that the iPhone 5c is a success after all.
Apple reports $45.6 billion Q2 2014 revenue: 43.7m iPhones, 16.3m iPads, 4.1m Macs sold
Posted by Andru Edwards Categories: Apple, Smartphones, Corporate News, Handhelds, PC / Laptop, Portable Audio / Video,
Today, Apple announced its second quarter earnings results, with revenue at $45.6 billion, beating the guidance of $42-44 billion that it previously gave, while also soundly beating analyst estimates.
How did Apple make that money? Mostly on the back of the iPhone. Device sales for Q2 2014 include 43.7 million iPhones sold, 16.3 million iPads, 3 million iPods, and 4.1 million Macs. In the same quarter last year, the iPhone sold 37.4 million, iPad 19.5 million, iPod 5.6 million, and Mac 3.9 million. The company also announced that Apple TV sales has now surpassed 20 million.
Apple isn't done yet. During today's earning call, CEO Tim Cook reiterated that Apple has new hardware categories that it's excited to reveal here in 2014. Time will tell if they'll be big enough to garner their own bulletpoint in the quarterly results in the future.