Tim Cook made $74M last year, the highest among all tech CEOs except Zuckerberg

By Cody Lee on Apr 4, 2014

Apple CEO Tim Cook doesn’t have an easy job. Not only is he in charge of one of the largest companies in the world, but he has to do so in the shadow of one of the most highly regarded executives of our generation, amidst constant criticism from those that say Apple’s best days are behind it.

No need to worry though, Tim is well compensated. According to a new report, he took home $4.3 million in salary and incentives last year, and another $70 million in vested stock options. All told, Cook banked more than any other tech CEO in 2013 except for Facebook’s Mark Zuckerberg… Read More

 

Watch Jimmy Fallon introducing Billy Joel to iPad beatboxing app Loopy HD

By Christian Zibreg on Mar 21, 2014

Jimmy Fallon, the host of NBC’s Tonight Show Starring Jimmy Fallon, gave Apple’s iPad and a beatboxing thirdy-party app called Loopy HD a cool exposure during last night’s show. Loopy HD costs eight bucks in the App Store and with it anyone can create music by layering looped recordings of singing, beatboxing or playing an instrument.

Loopy HD is rather sophisticated: it can receive live audio directly from other Audiobus-compatible apps like Apple’s free GarageBand and more.

Jimmy and Billy Joel have used the app on air to loop their voices and form a two-man doo-wop group singing ‘The Lion Sleeps Tonight’ by The Tokens in four-part harmony.

The video is a nice reminder that one can create quite remarkable music on the iPad. Even Apple’s boss Tim Cook enthused over their “magical” performance… Read More

 

Fortune ranks Tim Cook 33rd in list of world’s top 50 greatest leaders

By Cody Lee on Mar 20, 2014

Although a number of pundits pushing the popular ‘Apple is doomed‘ narrative these days might disagree with me, I think Tim Cook has done a solid job at Apple thus far. Sure, its stock is currently way down from its peak, but the company is still turning a large profit.

And if you don’t believe me, checkout Fortune’s new list of the world’s 50 greatest leaders. Ranked at #33, Cook is one of only two leaders from Silicon Valley to make the list, which includes the likes of Pope Francis and the Dalai Lama. The other is Amazon’s Jeff Bezos… Read More

 

Cook on Yukari’s anti-Apple book: ‘nonsense’ that fails to capture Apple or Steve Jobs

By Christian Zibreg on Mar 18, 2014

There isn’t much to like about a new book on post-Jobs Apple by the former Wall Street Journal writer Yukari Iwatani Kane.

Conveniently titled Haunted Empire ($14.99 in the iBooks Store), it could have as well been named ‘Apple Is Doomed’ due to her pre-conceived conclusion that Apple’s best days are behind.

The author claims to have based the material on about 200 interviews with current and former Apple executives, none of them named. This type of ill-conceived journalism is just sad: the hearsay is supposed to factualize that Apple’s is in a disarray, declining and amid the “perils and opportunities an iconic company faces when it loses its visionary leader”.

In one passage, the author describes Apple’s current boss as a “machine” and “riveting,” blasting him in another over a supposed “disastrous” AllThingsD appearance and questioning his leadership abilities because he’s seemingly too demanding while also being too lax.

The scathing portrayal of post-Jobs Apple wasn’t lost on the current CEO Tim Cook, who took to CNBC today to describe Haunted Empire as a nonsense attempt that “fails to capture” the essence of the company and its visionary founder Steve Jobs. Also, Kane responded back in an email statement to Re/code. Grab your popcorn… Read More

 

Video of Tim Cook’s meeting with Israeli PM offers brief look inside Apple HQ

By Cody Lee on Mar 7, 2014

Earlier this week we noted that Israeli Prime Minister Benjamin Netanyahu would be touring the United States for a few days, and that one of his planned stops in the country would be at Apple’s Cupertino, CA campus for a luncheon with Tim Cook. 

Well that meeting took place on Wednesday, as evidenced by a newly uploaded video clip. It’s not known exactly what the pair discussed, but the video itself is rather interesting as it offers a brief look inside the walls of Apple’s usually-secret headquarters… Read More

 

Israeli Prime Minister meeting Tim Cook today

By Christian Zibreg on Mar 5, 2014

Israeli Prime Minister Benjamin Netanyahu, currently touring the United States this week for the American Israel Public Affairs Committee (AIPAC) annual conference, is planning a swing through the Silicon Valley, the first California visit from an Israeli prime minister since 2006.

He’s scheduled to have lunch with Apple CEO Tim Cook later today and will meet with WhatsApp co-founder Jan Koum, a Jewish Ukrainian immigrant who made a fortune by selling his startup to Facebook for $19 billion last monthRead More

 

Tim Cook, Turkish president to attend opening of Apple’s Istanbul store on April 4

By Cody Lee on Mar 5, 2014

Earlier this year, Tim Cook traveled to Turkey to meet with the country’s president, to reportedly discuss the opening of a retail store in Istanbul, research and development and other matters. The store opening is of particular significance, as it would be Apple’s first in the region.

Well it looks like the talks were successful. According to Turkish Apple blog ElmaDergisi, Apple is set to open a retail store in Istanbul’s Zorlu Center on April 4. And as proof of the gravity of the event, both Cook and Turkish president Abdullah Gül are expected to be in attendance… Read More

 

Tim Cook described as a ‘machine’ and ‘riveting’ in new book on post-Jobs Apple

By Cody Lee on Mar 1, 2014

When Tim Cook officially took over the CEO position for Steve Jobs in late 2011, he had some major shoes to fill. Jobs wasn’t just chief executive at Apple, he was also its co-founder, savior and visionary. And he was arguably one of the most famous leaders of our generation.

But Cook has done a good job thus far. Apple’s the most profitable company in the world right now, coming off another record-breaking quarter, and it has some big things planned for 2014. So what’s his secret? A new book about Apple post-Jobs attempts to answer just that… Read More

 

Profile of Tim Cook offers insight into his early years

By Cody Lee on Feb 25, 2014

The details of Tim Cook’s life post high school are fairly well known. We know he went to and graduated from Auburn University, and that he bounced around at a few companies, including Compaq, before landing at Apple in the late 90′s. And the rest is history.

But what about before all of that? Well, until now not much was known about what Cook was like in his earlier years. That changed this week though with a profile of the CEO published bynews site AL.com. And yes, we’ve collected some excerpts for you below… Read More

 

Tim Cook on bigger iPhones, ‘crappy’ Android experience, not making junk and more

By Christian Zibreg on Feb 7, 2014

Following notable excerpts from Daisuke Wakabayashi’s interview with Tim Cook in The Wall Street Journal, the financial newspaper has now posted the whole thing on its Digits blog.

The full interview gives us a more detailed insight into the mindset of Tim Cook’s Apple as the CEO discusses recent topics of interest, including Lenovo’s $2.9 billion purchase of Google’s Motorola Mobility unit and additional information regarding Apple’s share buyback program.

He also took time to touch upon the ongoing discussion concerning supposedly bigger iPhones in the pipeline, the current products not yet hitting the ceiling and lots more. I’ve included the best quotes and tidbits for your reading pleasure after the break… Read More

 

Following 8 percent slide, Apple repurchases $14 billion in stock

By Cody Lee on Feb 7, 2014

Apple reported the financial results for its holiday quarter late last month, and for the most part they killed it—the company set records for revenue, iPhone sales, and iPad sales during the 3-month period. But all Wall Street saw was declining growth.

The Cupertino tech giant’s stock dropped 8% that day in after-hours trading, falling from $550 per share to $500, and it has yet to rebound. But Tim Cook says Apple’s taking advantage of the unexpected price drop by going on a major buyback spree… Read More

 

Tim Cook: Apple working on ‘some really great stuff’ in new product categories

By Cody Lee on Feb 7, 2014

“There will be new categories,” Tim Cook told The Wall Street Journal in an interview regarding Apple’s recent buyback of more than $14 billion in stock. “We’re not ready to talk about it, but we’re working on some really great stuff.”

Now, Cook has alluded to Apple getting into new product categories before. But speaking with the Journal, the CEO seems more intent than ever on convincing worried investors that his company has some major things in the pipeline… Read More

 

‘Unique’ Istanbul Apple Store opening in April, Siri, R&D and more from Cook’s Turkey tour

By Christian Zibreg on Feb 4, 2014

Yesterday, Turkish government officially confirmed that Apple CEO Tim Cook was meeting President Abdullah Gül at the Çankaya Presidential Compound in Ankara to discuss a potential $4.5 billion iPad deal and other major initiatives and incentives in the 74 million people country.

The official website of the Turkish government on Tuesday published details of the meeting. The two leaders have covered a wide range of topics, including the possibility of an Apple research and development center in Turkey and how iPads could help improve education in the country.

President Gül wanted to know whether Apple could add Turkish support to Siri and Cook was interested in a possibility of Turkey dropping its special luxury taxes that are being applied to iPhone and iPad sales in the country… Read More

 

Turkish government confirms meeting with Tim Cook

By Christian Zibreg on Feb 3, 2014

Last December, a Turkish website claimed Tim Cook would travel to Turkey to met with President Abdullah Gül to discuss a potential multi-billion dollar iPad deal in education. It would be worth up to $4 billion and would entail an order for fifteen million tablets over the next three years, the story went.

This bold educational project known as FATIH, would put tablets in over 40,000 Turkish schools, representing a major win for Apple and education. The government of Turkey, home to 74 million people, has now confirmed that the meeting will take place later today… Read More

 

Tim Cook visits with Prime Minister, retailers in United Arab Emirates

By Cody Lee on Feb 3, 2014

Following his trip to Ireland last week, Tim Cook was spotted at several electronics outlets in the United Arab Emirates this weekend. The CEO posed for pictures while visiting malls in Abu Dhabi and Dubai.

The reason for his visit is unknown, but a UAE-based newspaper is reporting that Cook also met with UAE Prime Minister Shaikh Mohammed bin Rashid Al Maktoum and other officials while in the region… Read More

 

Tim Cook visits Irish government to talk tax evasion

By Christian Zibreg on Jan 31, 2014

Apple CEO Tim Cook flew to Ireland today to meet with the country’s government officials and tour the company’s corporate office. Although the meeting agenda was shrouded in secrecy, media reported Cook and the head of government discussed tax loopholes and a change in the Irish laws that should prevent firms like Apple and Google to avoid declaring tax residency in either the U.S. or Ireland.

A loophole in Ireland’s corporate tax laws has enabled many of the world’s top corporations to operate as virtually stateless firms, ungoverned by any nation’s taxing authority… Read More

 

Tim Cook: iPhone 5c not as popular as we expected

By Christian Zibreg on Jan 28, 2014

During yesterday’s earnings call with Wall Street investors and analysts, Apple CEO Tim Cook has officially admitted to the iPhone 5c not meeting the company’s internal sales goals. Although the handset proved popular with first-time smartphone buyers, the majority of customers have opted for the flagship iPhone 5s.

If The Wall Street Journal is to be trusted, Apple is expected to “scrap the plastic exterior used in the iPhone 5c” in 2014 and will instead release two iPhone models, one with a 4.5-inch screen and the other featuring a five-inch display… Read More

 

Tim Cook: Apple has ‘zero issue’ coming up with new ideas

By Cody Lee on Jan 28, 2014

Continuing our coverage on Apple’s earnings call from yesterday afternoon, we have an interesting comment made by Tim Cook in response to a question asked by an analyst during the Q&A portion. The question was in regards to Apple entering new product categories this year.

Obviously, Cook didn’t say exactly what the company’s plans are for future products, but parts of his otherwise boiler-plate answer were worth noting. The CEO said Apple has zero issue coming up with new ideas, but the challenge is focusing on the few of them that deserve energy… Read More

 

Tim Cook: we’ve known for some time that ‘iPod is a declining business’

By Cody Lee on Jan 27, 2014

Apple posted some huge sales numbers for the holiday quarter earlier today. During the 3-month period, the company sold 51 million iPhones, 26 million iPads—both records—and a surprisingly high 4.8 million Macs. But not all of its device sales were impressive.

iPod sales decreased by more than 50% since last year’s holiday quarter, with Apple selling just 6 million units during the time frame. And during the company’s earnings call, Tim Cook admitted that it has known for some time that the iPod is a declining business… Read More

 

Tim Cook: mobile payments ‘one of the thoughts behind Touch ID’

By Cody Lee on Jan 27, 2014

Apple just finished up its quarterly earnings call a few hours ago where it offered up sales numbers for the holiday quarter, forecasts for next quarter, and everything in between. Tim Cook even fielded some questions from overly-eager analysts.

While most of these questions were fairly dull, there were a handful of them worth noting, including one about Apple’s plans for the mobile payment space. Obviously Cook wouldn’t answer the query directly, but his response was rather interesting… Read More

 
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