Tim Cook

Recap of Tim Cook’s comments at the Goldman Sachs Conference

Cody Lee ∙ February 14, 2012

We listened in on the Goldman Sachs Technology and Internet Conference today as Tim Cook fielded some questions about the current state of Apple. Cook has spoken at the conference in the past, but this is his first time doing so as Apple's CEO.

Tim talked about everything from Apple's supply chain problems, which we covered earlier, to its plans for future iPhone growth. He also dropped a lot of interesting facts and insight, so if you didn't get a chance to listen to the call, here's our recap...

Tim Cook: Apple is doing more to improve workers conditions than anyone else

Cody Lee ∙ February 14, 2012

As most of you know, Apple has been catching a lot of flack recently regarding the poor working conditions at some of its overseas manufacturing plants. Last week, protestors delivered a petition with over 250,000 electronic signatures to the company calling for a change.

Tim Cook has already commented on the situation, saying that Apple is doing more than any other company in the industry to improve the working conditions of the factories in its supply chains. And today, the CEO reiterated the point at the Goldman Sachs Technology and Internet Conference...

Apple Remembers Steve Jobs Through Photos and Quotes

Oliver Haslam ∙ Updated April 3, 2018

Apple is still coming to terms with the loss of its charismatic co-founder and former CEO Steve Jobs, and probably will be for some time. While there is no doubting new CEO Tim Cook's abilities to run a tight ship, he'll possibly be the first to admit that there will only ever be one Steve Jobs.

The company remembers Jobs throughout the halls of its 1 Infinite Loop campus, with photos of the man who saved Apple back in the 90s placed on the walls of Apple's HQ. Quotes are also seen attached to corridor walls, with some of Jobs' famous pearls of wisdom there to help motivate the Apple team even from beyond the grave.

Now 9to5 Mac has been given photographs of some of the photos and quotes that can be found inside Apple's offices, with at least one of them taking employees back to the days of the original Macintosh...

Tim Cook Responds to Supply Chain Workers Mistreatment Allegations

Sébastien Page ∙ January 27, 2012

Yesterday the New York Times published a comprehensive piece detailing Apple’s failure to effectively pursue safer working conditions in its overseas manufacturing plants.

Although the article could apply to virtually every tech company – most of them work with Foxconn – Apple was the main target, probably because it's a company with such strong values, that you would expect more from them.

To reply to the allegations, Tim Cook sent an email to his troops, ensuring that Apple cares about every worker in its supply chain...

The Kindle Fire Did Not Affect iPad Sales

Oliver Haslam ∙ January 25, 2012

Amazon's Kindle Fire was expected to have a detrimental effect on Apple's iPad sales leading up to the Christmas season, but according to the company's CEO, that isn't actually how it panned out.

During Apple's quarterly earnings call yesterday, new CEO Tim Cook shared that he has been keeping a close eye on iPad sales since the release of Amazon's competing product just in case it managed to take a bite out of Apple's sales.

According to Cook, that didn't actually happen. In fact, the Kindle Fire didn't affect iPad sales at all...

Tim Cook: We Underestimated Chinese Demand for iPhone 4S

Oliver Haslam ∙ Updated May 16, 2016

When Apple's iPhone 4S went on Sale in China on January 12th, many were taken by surprise at the sheer number of people that turned up to buy one.

The chaos was so bad in fact, that Apple was forced to close its stores amid safety concerns – a move which simply angered those who had queued for hours, resulting in eggs being hurled at the store's windows.

Now Apple CEO Tim Cook has admitted that the company had underestimated the "staggering" demand for its iPhone in the country, and that they thought they had already overcooked sales estimates...

Tim Cook Calls Special Town Hall Meeting for Apple Employees Tomorrow

Cody Lee ∙ January 24, 2012

Hot on the heels of Apple's blowout quarterly earnings report this afternoon, 9to5Mac is reporting that Tim Cook has sent an internal email out to Apple employees regarding the company's success.

In the memo, Cook congratulates his team on a record-setting quarter and thanks them for all of their hard work on Apple's new iBooks initiative. He also asks the employees to join him for a special meeting tomorrow at Apple's Town Hall...

Apple Sells Record 1.4 Million Apple TVs Last Quarter

Cody Lee ∙ Updated April 11, 2023

About an hour ago, Apple announced its biggest quarter in company history. Tim Cook's team sold more iPhones and made more money than Apple ever has in a three month period.

Also on today's list of Apple's broken records is the amount of Apple TVs it sold during the holiday quarter. Apparently, the little $99 media box is a $100 million dollar product for the company...

Apple CEO Made $377,996,537 in 2011

Sébastien Page ∙ Updated March 18, 2019

2011 wasn't a bad year for Apple newly appointed CEO Tim Cook, who made almost $378 million:

According to Apple’s 2012 Proxy Statement, Cook received a jaw dropping $377,996, 537 million in total compensation last year — which is $377,996,536 than his late predecessor made.

Cook made a little over $900,000 in salary in 2011, but a massive bonus in restricted stock units vesting in two five-year increments and doled out with his appointment to the CEO slot, sent his total compensation into the stratosphere.

Apple CEO Tim Cook to Cash In $96 Million

Sébastien Page ∙ January 5, 2012

Tim Cook is starting 2012 off right with an upcoming pay day of over $96,000,000:

Of all the Silicon Valley executives who have a vesting event scheduled for the first quarter of 2012, the one who stands to reap the most is Apple Inc. Chief Executive Tim Cook, the study found.

Mr. Cook has portions of two restricted-stock-unit grants—including one he received for filling in for Steve Jobs when the co-founder was on medical leave—vesting in the first quarter. As of Apple's closing stock price on Dec 30, those vesting shares of Mr. Cook's were worth $96.2 million, according to the study.

Apple’s A5 Processors Now Being Made in Texas

Oliver Haslam ∙ December 16, 2011

Some interesting news today if you like chips (and who doesn't?), especially those that go into the beating hearts of our iPads and iPhones. Samsung's Texan facility has historically been the source of NAND flash memory, but according to a new report by Reuters, it is also now responsible for the A5 chip used by Apple.

The A5 chip is what powers Apple's iPhone 4S and iPad 2, and bringing production of the part to the United States hasn't been cheap for Samsung.

Apple’s Employee Donation Program Fetches $2.6 Million for Charity

Cody Lee ∙ November 10, 2011

While he contributed seemingly incalculable amounts to technology, Steve Jobs was never known for his philanthropic efforts. There are rumors that the ex-CEO donated money anonymously, but he never used Apple or his celebrity status as a platform for giving.

This is yet another example of the differences between Jobs and his hand-picked successor, Tim Cook. In less than three months as Apple's CEO, Cook has already implemented an employee donation matching program. And it seems to be yielding impressive results...