Tim Cook

Apple Inc. now has to get down to the business of surviving its founder. It's something that Apple - and Steve Jobs himself - had been painstakingly planning for years. Deep inside its sprawling Cupertino, Calif., campus, one of the world's most successful and secretive companies has had a team of experts hard at work on a closely guarded project. PHOTOS: The life of Steve Jobs But it isn't a cool new gadget. It's an executive training program called Apple University that Jobs considered vital to the company's future: Teaching Apple executives to think like him. "Steve was looking to his legacy.

Apple Inc. is keeping up its economic momentum, selling 35 million iPhones and 12 million iPads on the way to its best second quarter ever. The company reported $39.2 billion in revenue, including $11.6 billion in profit, a near-doubling in earnings over the same quarter a year ago. The results once again surpassed the expectations of Wall Street analysts, who have repeatedly underestimated the company's rapid global growth.  The Wall Street consensus...

When Apple Inc. unveils its new iPhone it will face the difficult task of outdoing the industry's hottest smartphone maker: itself. For years, the company's product launches have been fueled by the star power of Apple co-founder Steve Jobs, who has taken the stage in his black turtleneck and blue jeans to wow crowds with flashy new versions of its phones, music players and tablet computers. But Tuesday will mark the first time in more than a decade that Jobs, who recently resigned as the company's chief executive after a long health battle, will not be running the show.

The Justice Department laid out its price-fixing case Wednesday against Apple and five major publishers, three of whom settled without admitting any wrongdoing. On Friday it was Apple's turn to speak. As ever,  the company was terse. Here's the entire statement released by spokesman Tom Neumayr: The DOJ's accusation of collusion against Apple is simply not true. The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon's monopolistic grip on the publishing industry.

Steve Jobs' leadership of Apple Inc. has been the stuff of American business lore. Less heralded is the role that Tim Cook played in rescuing the company from near irrelevance. Through a series of roles, most recently chief operating officer, Cook fixed what ailed Apple in the mid-1990s: poor product quality, spotty availability and absurdly high prices. His reward: For the second time in five years, Jobs this week tapped Cook to run the company while the chief executive takes a medical leave.

Apple co-founder Steve Jobs' death sparked an outpouring of sentiment and statements from fellow chief executives and other major figures in Silicon Valley, government and the entertainment industry. IN TECHNOLOGY: Steve Wozniak, Apple co-founder , reached at dinner with his son, said he was so overwhelmed by calls that he could not get in touch with his emotions: "People sometimes have goals in life. Steve Jobs exceeded every goal he ever set for himself. " Tim Cook, Apple chief executive and Jobs' successor , in an email to employees: "Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple.… We will honor his memory by dedicating ourselves to continuing the work he loved so much.

Apple will today unveil its next iPad, with a higher resolution screen, upgraded processor, (hopefully) better cameras and (possibly) 4G LTE connectivity -- we think. The Cupertino, Calif.-based tech giant has invited the media to a company event at San Francisco's Yerba Buena Center for the Arts , where the first two generations of iPads have been launched at about the same time of year for the last two years. And since the iPad 2 made its debut on March 2, 2011, in a presentation by then-Chief Executive Steve Jobs -- who came back from his medical leave to unveil the device -- rumors have been sprouting as to what the next iPad would do and would look like to make it different than the first two Apple tablets.

One analyst is predicting that Apple stock will hit $1,001 in the next 12 months. Some people might call that number crazy, but Brian White, an analyst with Topeka Capital Markets who authored a report released Monday called "Apple Fever has More to Run," said if anything the valuation might be too conservative. "All we're doing is putting a 17 multiple on the earnings for 2013 and then adding back $103.66 cash," he said. "I think it's a conservative number. For most of its history Apple's growth rate was 86% a year.

In the first change to Apple's leadership since the death of Steve Jobs last month, the company announced that Walt Disney Co. President and Chief Executive Robert Iger would be the Cupertino, Calif., electronics maker's newest board member. At the same time, Genentech Inc. Chairman Arthur Levinson, an Apple board member since 2005, will become the company's non-executive chairman, filling the role Jobs occupied briefly after his resignation as Apple's chief executive in August.

The Justice Department laid out its price-fixing case Wednesday against Apple and five major publishers, three of whom settled without admitting any wrongdoing. On Friday it was Apple's turn to speak. As ever,  the company was terse. Here's the entire statement released by spokesman Tom Neumayr: The DOJ's accusation of collusion against Apple is simply not true. The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon's monopolistic grip on the publishing industry.

One analyst is predicting that Apple stock will hit $1,001 in the next 12 months. Some people might call that number crazy, but Brian White, an analyst with Topeka Capital Markets who authored a report released Monday called "Apple Fever has More to Run," said if anything the valuation might be too conservative. "All we're doing is putting a 17 multiple on the earnings for 2013 and then adding back $103.66 cash," he said. "I think it's a conservative number. For most of its history Apple's growth rate was 86% a year.

Apple Chief Executive Tim Cook, who has been in China this week, continued his trip with a stop at a Foxconn Technology manufacturing plant, a key supplier that has been under scrutiny for work conditions. Cook's visited Foxconn's plant in the city of Zhengzhou, which employs 120,000 people and produces iPhones, on Wednesday, according to various news reports. Foxconn is one of Apple's key suppliers. The Taiwanese company is key to the production of two of Apple's flagship products, the iPhone and iPad, and may soon get in on the production of the future Apple iTV, according to Forbes . Cook's trip to China is his first as chief executive of Apple and his first since he traveled to the country to investigate the labor conditions at Foxconn plants after a series of employee suicides back in 2010, according to PCWorld . The stop in Zhengzhou comes after Cook met with several top Chinese leaders, including Vice Premier Li Keqiang -- who is expected to be the next prime minister -- and Beijing Mayor Guo Jinlong.

When Tim Cook took over the helm at Apple Inc. in August, many wondered how he would set himself apart from his predecessor, the formidable Steve Jobs. But a new study that ranks Cook as the country's top-rated chief executive suggests that he's doing just fine. Cook landed a 97% approval rating from employees, according to careers website Glassdoor -- the same rating Jobs had when he stepped down from the CEO post. In his short tenure, Cook has unveiled the new iPad and the iPhone 4S and has instituted a new quarterly dividend for shareholders.

Apple CEO Tim Cook met with China Vice Premier Li Keqiang on Tuesday. Li, who's expected to become China's next leader, and Cook discussed intellectual-property issues and greater cooperation between the country and the tech giant, according to a report by the Wall Street Journal .  "China will create a good environment for and strengthen the protection of intellectual-property rights for fair competition among various enterprises including...

In agreeing to pay $35 billion in dividends, Apple Chief Executive Tim Cook was sending Wall Street a message: It's my company now. Steve Jobs, Cook's predecessor and Apple's co-founder, hated dividends. To him, Apple profits should be plowed back into the development of mind-bending new products, and shareholders would reap the benefits as the stock value rose. Cook, on the other hand, is siding with Wall Street investors who have long believed the company was only as strong as its last product.

Apple will today unveil its next iPad, with a higher resolution screen, upgraded processor, (hopefully) better cameras and (possibly) 4G LTE connectivity -- we think. The Cupertino, Calif.-based tech giant has invited the media to a company event at San Francisco's Yerba Buena Center for the Arts , where the first two generations of iPads have been launched at about the same time of year for the last two years. And since the iPad 2 made its debut on March 2, 2011, in a presentation by then-Chief Executive Steve Jobs -- who came back from his medical leave to unveil the device -- rumors have been sprouting as to what the next iPad would do and would look like to make it different than the first two Apple tablets.

Apple Inc. is keeping up its economic momentum, selling 35 million iPhones and 12 million iPads on the way to its best second quarter ever. The company reported $39.2 billion in revenue, including $11.6 billion in profit, a near-doubling in earnings over the same quarter a year ago. The results once again surpassed the expectations of Wall Street analysts, who have repeatedly underestimated the company's rapid global growth.  The Wall Street consensus...

Steve Jobs died of respiratory arrest and a pancreatic tumor, according to his death certificate released Monday. The Apple Inc. co-founder and chairman died around 3 p.m. Wednesday in his Palo Alto home, the certificate noted. Apple and Jobs' family announced his death Wednesday but did not provide details about the time, place or cause. Jobs resigned as Apple chief executive Aug. 24. He had been diagnosed in 2003 with a neuroendocrine tumor on his pancreas, and he underwent a liver transplant in 2009.

Tim Cook won't say whether Apple Inc. is developing a television, but he dropped a big hint. In an interview at a Goldman Sachs conference Tuesday, the Apple chief executive dodged a question about whether Apple might be thinking about entering the television business, saying he couldn't talk about future products and didn't want to "make any comment that people would misconstrue along those lines. " But then he went ahead and sort of made one anyway. In speaking about Apple TV, the firm's set-top streaming movie player and one of its more minor products, Cook said: "Apple doesn't do hobbies as a general rule.