Latest Tim Cook News

Apple still thriving as economy slows, despite 3Q profit dip

Jul. 28, 2022 18:19 PM EDT

BERKELEY, Calif. (AP) — Apple’s profit slipped during the past quarter, but the world’s largest technology company is holding up better than many of its peers as the economy teeters on the edge of a recession. While grappling with manufacturing headaches and inflation...

Maryland Apple workers face hurdles after vote to unionize

Jun. 19, 2022 18:33 PM EDT

TOWSON, Md. (AP) — The historic vote by employees of a Maryland Apple store to unionize — a first for the technology giant — is a significant step in a lengthy process that labor experts say is heavily stacked against workers in favor of their employers. Apple store employees...

Apple workers vote to unionize at Maryland store

Jun. 19, 2022 00:27 AM EDT

TOWSON, Md. (AP) — Apple store employees in a Baltimore suburb voted to unionize by a nearly 2-to-1 margin Saturday, a union said, joining a growing push across U.S. retail, service and tech industries to organize for greater workplace protections. The Apple retail workers in...

As CEO pay grows even bigger, so does its complexity

May. 26, 2022 08:17 AM EDT

NEW YORK (AP) — CEO pay is a tricky thing to explain. Within the eight- and even nine-figure sums trumpeted for CEOs each year, just a small portion is actual cash. Last year, only a little more than a quarter of compensation for the typical CEO at an S&P 500 company came from...