Tim Cook

Apple boss Tim Cook takes 99 pct pay cut in 2012

Apple boss Tim Cook takes 99 pct pay cut in 2012 London, Dec 28 : Tim Cook, tech giant Apple's chief executive, has taken a 99 percent pay cut this year after receiving record compensation in 2011.

Cook will receive 4.17 million dollars for the past 12 months after pocketing 378 million dollars last year, the iPhone maker said.

According to the Telegraph, that award was inflated after Apple handed Cook stock options that he will be able to cash out at intervals over the next decade.

WSJ report: Apple testing several designs for large format HDTV

WSJ report: Apple testing several designs for large format HDTVAccording to a Wall Street Journal (WSJ) report, citing unidentified sources "familiar with the matter," Apple is testing "a few designs" for a large format HDTV; thereby leading the analysts to the speculation that the first Apple TV set may likely become available towards the end of the year.

As per the WSJ report, based on the information shared by sources in Asia, Apple is apparently testing large format HDTV designs with its component suppliers - Sharp and Hon Hai Precision Industry (better known as Foxconn).

Apple plans to spend over $100 million in 2013 on building Mac computers in US

Apple plans to spend over $100 million in 2013 on building Mac computers in USAccording to a Bloomberg Businessweek report, citing the information shared by Apple CEO Tim Cook during the course of a recent interview, Apple apparently has plans underway to spend over $100 million in 2013 for building Mac computers in the US.

The proposed spending by Apple implies that the company is probably looking to shift a small portion of Mac production away from China, the country which has been assembling Apple products for years.

David Sobotta to Read Write Web: Apple CEO Tim Cook is not a “people person”

David Sobotta to Read Write Web: Apple CEO Tim Cook is not a “people person”During the course of a recent interview with Read Write Web about his new Kindle title, `The Pomme Company,' author David Sobotta claimed that Apple's CEO Tim Cook is not a "people person", and that he lacks the requisite leadership skills for running a bigwig company like Apple.

Why Bob Mansfield decided to return to Apple after announcing retirement?

Why Bob Mansfield decided to return to Apple after announcing retirement?With Bob Mansfield - chief of hardware engineering at Apple - having announced his decision to return to the company barely two months after announcing his retirement earlier this year, an AllThingsD report has cited unidentified `inside' sources to reveal that Mansfield's decision probably had something to do with the recently-announced departure of Apple's iOS software chief Scott Forstall.

Apple's top-management shakeup indicates CEO Tim Cook is ‘in charge’

Apple's top-management shakeup indicates CEO Tim Cook is ‘in charge’With Apple having recently announced the departure of two of its high-profile executives - iOS chief Scott Forstall; and retail head John Browett -, analysts feel that the top-management shakeup at the company is an indication that CEO Tim Cook is fully `in charge' of the proceedings at Apple.

Apple looking for help on iOS 6 Maps app from its retail store employees

Apple looking for help on iOS 6 Maps app from its retail store employees According to a MacRumors report, Apple is apparently turning to the employees at its retail stores for help on its disastrous iOS 6 Maps apps; in an evident attempt to bring about some much-required improvements in the app.

The report, citing the information shared by unnamed sources aware of the proceedings at Apple, the retail stores are permitting their employees to jointly spend up to 40 hours every week in reporting errors in the iOS 6 Maps app and making recommendations for improvement.

Apple to shut down its failed Ping service on September 30

Apple to shut down its failed Ping service on September 30With the Apple CEO Tim Cook having hinted at the D10 conference in May that Apple might pull the plug on its music-centric social network Ping, the company has now revealed in a rather quiet Wednesday announcement that the project will be axed completely on September 30.

It was close on the heels of Apple's September 12 press event - which witnessed the unveiling of the iPhone 5, new iPod models, and the `iTunes 7' launch - that the company disclosed, in a message in the iTunes' Ping section, that it has stopped accepting new members to the Ping service.

Auditor says Foxconn violates Chinese labor laws

Auditor says Foxconn violates Chinese labor lawsAccording to a new auditor, Foxconn Technology Group is violating Chinese labor laws at its factories in the country where it produces Apple devices.

Interestingly, the assessment comes days after Tim Cook, Apple's chief executive visited the facility. The company said that it will reduce working hours and significantly increase wages at its factories.

Cook visits Foxconn‘s iPhone production line in China

Cook visits Foxconn‘s iPhone production line in ChinaTim Cook, the Chief Executive Officer of Apple has said visited Foxconn's new the iPhone production line in China.

Mr. Cook visited the newly built Foxconn Zhengzhou Technology Park in Zhengzhou, China while on a visit to the country. The facility provides employment to 120,000 people, according Carolyn Wu, a Apple spokeswoman based in the Chinese capital, Beijing.

Congress asks app developers to clarify data collection policy

Congress asks app developers to clarify data collection policyUS congress has asked several app developers to clarify what information they collect from users and how they use the information.

The move comes after a privacy scare related to the Path social networking app. Reps. Henry A. Waxman of D-California and G. K. Butterfield of D-North Carolina have written letters to 34 app developers seeking information on their user data policy.

Apple claims selling 3 million new iPad tablets

Apple claims selling 3 million new iPad tabletsTechnology giant, Apple has claimed that it has sold more than 3 million units of the latest version of its iPad tablet computer since its launch on 16 March.

The new iPad, which was launched in the US market and nine other countries on Friday, has sold more than 3 million units in the few days in different counties due to high demand. Apple CEO Tim Cook had said in a conference call yesterday that the new version of the tablet sold in “record” numbers.

Apple launches iPad at retail stores today

Apple launches iPad at retail stores todayTechnology giant, Apple has launched the third generation of its iPad tablet computer through its retail stores and other outlets.

The new iPad computer went on sale in the Sydney's George Street store at 8 am as around 200 people waited impatiently for the stores to open its doors. The tablet went on sale at Softbank Corp.'s Ginza store in Tokyo soon after.

Apple launches third generation iPad tablet

Apple launches third generation iPad tabletTechnology giant, Apple has announced the launch of the third generation of its tablet computer at the Yerba Buena Center for the Arts in San Francisco to revive the most poplar line of tablets in the world.

Chief Executive Officer Tim Cook released the new tablet with faster processing speeds and a higher resolution touch screen. The new version of the tablet will feature a more impressive screen and offer faster video graphics and Long Term Evolutionary (4G) capabilities and others.

Tim Cook writes to employees over working conditions in China

Tim Cook writes to employees over working conditions in ChinaApple chief executive Tim Cook has written an email to the company employees addressing the recent media reports claiming difficult working conditions for workers working in factories in China, where the new Apple devices are produced in thousands.

Cook addressed the reports that claimed the workers in factories contracted by Apple face long hours and occasionally unsafe conditions.

Apple posts weaker than expectations results in years

Apple posts weaker than expectations results in years Technology giant, Apple has posted weaker than expected financial results in its most recent quarter in years, surprising technology analysts in the US and around the world.

The company blamed rumors that indicated that the company was planning to release a new iPhone 5 even as it was preparing to release the refreshed iPhone 4 model. This is the company's first quarterly earnings under Chief Executive Tim Cook, who took over from Steve Jobs in August.

New Apple CEO Cook assures staff that ‘company will not change’

 New Apple CEO Cook assures staff that ‘company will not change’California, August 26 : Tim Cook, who replaced Steve Jobs as the chief executive of Apple has told the staff that `company will not change'.

In an email to Apple's staff, cook said he is confident that the future of the company was `safe' and the `best years' were yet to come.

The email was sent a day after Steve Jobs stepped down as the CEO. Jobs resigned after telling the board that his health problems meant that he `could no longer meet my duties and expectations as CEO', The Telegraph reports.

Tim Crook to Replace Steve Jobs in Apple

Tim Crook to Replace Steve Jobs in AppleThe share prices of Apple witnessed a fall after its innovative Chief Executive Steve Jobs resigned from the company. The company witnessed a loss of billions of dollars at the stock market as the investors were unsure about the future of Apple.

The news of Jobs resignation was declared after the market closed on Wednesday, but the shares of the company fell by 5% overnight. Also, Apple shares traded in Frankfurt fell by 4.5% in early trading on Thursday.

We are a Mobile Device Company, Says Apple COO

We are a Mobile Device Company, Says Apple COOApple's COO Tim Cook has said that hassle-free integration of Apple's iPhone hardware and software is a clear indication that only a few IT companies can manage a mobile platform like Apple. Apple has done it quite comprehensively.

Answering to the question, whether Apple considers itself as a mobile device company, Tim gave a affirmative reply. He was addressing at the Goldman Sachs Technology and Internet Conference in San Francisco yesterday.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content