Apple CEO Tim Cook sought to reassure shareholders worried about the company’s sagging stock price that the iPhone and iPad maker is on the verge of inventing more breakthrough products that will prove it hasn’t lost its creative edge.
Apple CEO Tim Cook is calling a shareholder lawsuit against the company a “silly sideshow,” even as he said he is open to looking at the shareholder’s proposals for sharing more cash with investors.
Apple CEO Tim Cook got $4.2 million in pay for the latest fiscal year, a modest sum compared with last year, when the company’s board set him up with stock now worth $510 million for taking the reins in 2011.
This holiday season is shaping up to be a record-breaking period for Apple as shoppers snap up iPhones and iPads. So, why is the world’s most valuable company losing its luster with investors?
Apple CEO Tim Cook said the company is “extremely sorry” for the frustration that its maps application has caused and it’s doing everything it can to make it better.
After weeks of speculation, anticipation and a dose of hype, Apple unveiled the newest version of its wildly popular smartphone at an event in San Francisco on Wednesday.
Along with a new iPhone 5, Apple unveiled accessories Wednesday that could prove to be a blessing and a curse for customers: a set of earbuds that are meant to fit comfortably in more people’s ears, and a new adapter that will be needed to plug the new phone into older car dashboards and speaker systems.
Apple is kicking an important Google application off its iPhone and buddying up with Facebook rather than Google’s social network, as it distances itself from a bitter rival in the phone arena.
Apple CEO Tim Cook is expected to show off new iPhone software, updated Mac computers and provide more details on future releases of Mac software when he kicks off the company’s annual conference for software developers on Monday.
Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.