Latest Tim Cook News

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. ...

Apple to pay $490 million to settle allegations that it misled investors about iPhone sales in China

Mar. 15, 2024 17:45 PM EDT

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,...

Why Apple is pushing the term 'spatial computing' along with its new Vision Pro headset

Feb. 02, 2024 15:33 PM EST

SAN FRANCISCO (AP) — With Apple's hotly anticipated Vision Pro headset hitting store shelves Friday, you're probably going to start to see more people wearing the futuristic googles that are supposed to usher in the age of “spatial computing.” It's an esoteric mode of...

Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips

Feb. 01, 2024 18:45 PM EST

SAN FRANCISCO (AP) — Apple snapped out of a yearlong sales funk during its holiday-season quarter, propelled by solid demand for the latest model of its iPhone and still-robust growth in a services division facing legal threats that could undermine its prospects. The modest revenue...