In an interview with Susan Li for FOX Business, Apple CEO Tim Cook say he sees China is getting the coronavirus under control and how Apple is…
Tag: Tim Cook
Has Apple CEO Tim Cook made Apple too dependent on China?
Apple today seeing the biggest losses on the Dow. This has led some observers to ask if Apple CEO Tim Cook has made Apple too dependent on China…
Apple loses two key operations, supply chain executives
Apple has lost two key executives who worked in the manufacturing, supply chain, and operations group who were focused on the production of…
Apple gets ‘striking warning’ from shareholders over China app takedowns
An Apple shareholder proposal that was critical of the company’s takedowns of virtual private network (VPN) apps in China received a notably high…
Apple Stores coming to India; online this year, brick-and-mortar in 2021
At Apple’s annual meeting of shareholders today, CEO Tim Cook told attendees that the company will open its Apple Store Online in India …
Apple CEO Cook defends decision to fight DOJ on iPhone ‘backdoor’
Apple CEO Tim Cook again defended the decision not to introduce a so-called “backdoor” to its products that would give law enforcement greater access…
Apple shareholders defeat proposal over Chinese app removals
At the Apple shareholders meeting on Wednesday, voters defeated a proposal critical of the company’s removal of apps at the request of the Chinese…
Apple faces shareholder vote over Chinese app removals
Apple shareholders today will vote on a proposal critical of the company’s decisions to remove apps at the request of the Chinese government…
Apple declines to testify at second congressional hearing probing tech’s ties to China
Apple and TikTok have each declined a request from U.S. Senator Josh Hawley (R-MO) to testify at a March congressional hearing that would have probed…
Apple CEO Tim Cook granted restraining order against ‘aggressive’ stalker
Apple has been granted a temporary restraining order against a man whom the company accuses of being an “aggressive” stalker who harassed CEO Tim Cook…
Samsung looks to profit from China virus woes afflicting Apple
Samsung Electronics stands to be a beneficiary of production problems in China due to the coronavirus outbreak. Apple on Monday warned…
Wedbush analysts remain bullish on Apple despite warning
Wedbush analysts Daniel Ives and Strecker Backe remain bullish on Apple’s “5G supercycle thesis” despite the revenue warning issued by the company…
Analysts see short-term hit from Apple coronavirus warning
Apple shares fell on Tuesday, after the company said the coronavirus outbreak would cause it to miss its guidance range this quarter. The warning was…
Apple CEO Cook coronavirus memo to staff sees ‘slower return to normal’
Apple CEO Tim Cook on Tuesday issued a memo to company staff that discusses the 2019-nCoV coronavirus. Apple will be doubling the company’s donation…
China sees fall in coronavirus deaths
China is seeing the first fall in coronavirus deaths as the country reported its fewest new infections of the 2019-nCoV coronavirus since January…
Apple warns on quarterly guidance due to coronavirus impact
Apple has issued a statement warning that the company will miss their quarterly guidance given on January 28th with last month’s earning report…
Apple needs to pay employees for time spent checking their bags
The California Supreme Court has ruled that Apple must pay retail store staff for the time they spend waiting for their personal bags to be checked…
Court rules Apple owes store staffers millions for off-the-clock bag checks
The Apple Store violated California law when it failed to pay employees for time they spend waiting for mandatory bag checks at the end of their shifts…
Jim Cramer: I’m going to make another 10-year bet on Apple, they’re that good
Jim Cramer spotlighted why he advises investors to own Apple stock for the long term, not trade it: “I’m going to make another 10-year bet.”
Apple’s unstoppable wearables: Apple Watch and AirPods
Apple’s wearables division looks unstoppable. For Apple’s Q120 (holiday 2019 forth quarter), wearables set a new all-time record…
Analyst: Apple Retail Store closures in China pose ‘containable’ risk
Wedbush analyst Daniel Ives says, the Apple Retail Store closures in China likely won’t cause the loss of significant sales…
U.S. stock futures look to rebound as China seeks to curb virus impact
As China took steps to relieve pressure on its economy from the impact of the 2019-nCoV coronavirus, U.S. stock index futures climbed on Monday…
All Apple Stores closed in mainland China due to coronavirus outbreak
On Saturday, Apple said, all Apple Stores and corporate offices are closed in mainland China until February 9th, as fears over the coronavirus outbreak…
Apple’s budget-friendly ‘iPhone SE 2’ reportedly now in trial production
According to supply-chain sources, Apple is already in trial production of a new budget-friendly “iPhone SE 2.” Mass production set to begin shortly…
Stocks hit hard by rising coronavirus cases, which near 10,000
Stocks are being hit hard by concerns over rising coronavirus cases. The escalating spread of the coronavirus rattled global markets…
Governments ‘moving fast’ to rewrite international tax rules
After talks this week in Paris, the OECD said on Friday that nearly 140 governments have agreed to launch a rewrite of decades-old international tax rules…
Apple reduces massive bill for back taxes the EU claims it must pay Ireland
According to regulatory filings, Apple reduced a massive back tax bill it must pay Ireland after other governments claimed a slice of the payment last year…
Kuo: New Apple products ‘iPhone SE 2,’ Apple Tags, wireless charging mat, and more coming in first half
Analyst Ming-Chi Kuo today mentions several new Apple products that are expected to arrive in the first half of 2020. The lineup includes the iPhone SE 2…
Apple is working to mitigate the impact of China coronavirus
Apple is working to mitigate the impact of China coronavirus which is negatively impacting retail traffic, shutting stores, and prompting Apple to limit…
Apple closes store, restricts employee travel due to China coronavirus
Apple CEO Tim Cook said today that the company is restricting travel and have closed one store in China amid the Wuhan coronavirus outbreak…
MacDailyNews presents live notes from Apple’s Q120 conference call
MacDailyNews presents live notes from Apple’s Q120 Conference Call with analysts starting at 5pm ET today. The company posted record quarterly revenue…
Wall Street tumbles amid Wuhan virus fears
Wall Street’s main indexes fell more than 1% on Monday as investors worried about the economic fallout of the Wuhan virus outbreak…
Wuhan coronavirus fears hit stocks hard
As U.S. investors evaluate weekend news regarding China’s coronavirus outbreak, tech stocks are among those that have been hit hard by coronavirus fears …
Apple CEO Cook: Apple will donate to support Wuhan coronavirus aid
Apple CEO Tim Cook has pledged the company will donate to help support all of those affected by the Wuhan coronavirus. Apple will be donating…
U.S. presidential candidates’ positions on breaking up Big Tech
In the preamble to the U.S. 2020 presidential election, many Democratic White House contenders have argued in favor of either breaking up or tightening…
President Trump to meet with Apple’s Cook and other CEOs in Davos
At the annual meeting of the World Economic Forum in Davos, President Donald Trump on Wednesday will attend a breakfast meeting with Apple CEO Tim Cook …
Apple killed iCloud encryption after FBI complained
After the FBI complained that the move would harm investigations, Apple killed iCloud encryption that would have allowed users to fully encrypt backups…
Apple CEO Tim Cook: Global corporate tax system must be overhauled
In Ireland on Monday, Apple CEO Tim Cook backed changes to the global corporate tax system, agreeing with the general consensus…
Apple CEO Tim Cook has had a remarkable run
Throughout Tim Cook’s tenure as Apple CEO, critics have lamented his lack of “the vision thing,” casting doubt on his ability to launch breakthrough products…
Hostile to customers and in thrall to China, Apple doesn’t deserve a pass
Monopolists are endlessly inventing ways of extracting rents from their customers and suppliers. In fact, the saying works even outside the free-for-data model of Facebook and Google…
U.S.-China ‘Phase 1’ trade deal removes threat of iPhone tariffs
As part of the U.S.-China ‘Phase 1’ trade deal to be signed today by President Trump and China’s Vice Premier Liu He, China has promised to provide more protection for the intellectual property of American companies and will also stop requiring U.S. companies to share their technology in exchange for doing business in China. Scott […]
Apple CEO Tim Cook to receive award from Ireland’s Prime Minister
Ireland’s decision to present Apple with an award may raise some eyebrows. Although it’s one of the country’s biggest employers…