Latest Tim Cook News
Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
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
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
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
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
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. ...
Apple to pay $490 million to settle allegations that it misled investors about iPhone sales in China
Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone's sales in China that culminated in a jarring revision to the company's revenue forecast. The preliminary settlement filed Friday in Oakland,...
