Latest Tim Cook News

Apple leaps into AI with an array of upcoming iPhone features and a ChatGPT deal to smarten up

Jun. 10, 2024 22:01 PM EDT

CUPERTINO, Calif. (AP) — Apple has jumped into the race to bring generative artificial intelligence to the masses, spotlighting a slew of features Monday designed to soup up the iPhone, iPad and Mac. And in a move befitting a company known for its marketing prowess, the AI...

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee

Jun. 04, 2024 15:10 PM EDT

NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets. The median pay package...

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee

Jun. 04, 2024 15:09 PM EDT

NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets. The median pay package...

Technology crushing human creativity? Apple's new iPad ad has struck a nerve online

May. 10, 2024 19:36 PM EDT

NEW YORK (AP) — A newly released ad promoting Apple's new iPad Pro has struck quite a nerve online. The ad, which was released by the tech giant Tuesday, shows a hydraulic press crushing just about every creative instrument artists and consumers have used over the years — from a...

Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

May. 02, 2024 17:47 PM EDT

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone...

Congo questions Apple over knowledge of conflict minerals in its supply chain

Apr. 25, 2024 12:30 PM EDT

CAPE TOWN, South Africa (AP) — Congo ’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into its supply chains and is demanding answers within three weeks. A group of...

Apple CEO says company will 'look at' manufacturing in Indonesia

Apr. 17, 2024 05:30 AM EDT

JAKARTA, Indonesia (AP) — Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday. “We talked about the president’s desire to see manufacturing in the country, and it’s something that we...

Apple CEO says that he wants to increase investments in Vietnam

Apr. 16, 2024 07:42 AM EDT

HANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. Vietnam has become more important to Apple as the company seeks...

Apple announces Worldwide Developers Conference dates, in-person event

Mar. 27, 2024 11:12 AM EDT

Apple has announced their annual developers conference will take place June 10 through June 14. The big summer event will be live-streamed, but some select developers have been invited to attend in-person events at Apple's campus in Cupertino, California, on June 10. ...