September 12, 2012 |
Apple.com might be giving away some of Tim Cook's announcements planned for Wednesday, according to multiple reports. Nine to 5 Mac is saying that you can see some of what Apple has planned for its announcement Wednesday if you use the search function on the company's website. Among the secrets being divulged is the name of the next iPhone, which seems like it will be called the iPhone 5. Rumor roundup: The new iPhone If you go to this link , you can see various search results for the term "iPhone 5" that include a couple of URLs with the name in them.
October 30, 2012 |
SAN FRANCISCO - In the biggest management shake-up since Tim Cook took the helm, Apple has ousted two top executives blamed for a pair of embarrassing missteps. Apple Inc. said Scott Forstall, its longtime executive and a protege of co-founder Steve Jobs, was leaving the company. As head of the mobile software division, Forstall oversaw the iOS operating system that runs the best-selling iPhone and iPad that together account for the bulk of Apple's sales. But the 15-year Apple veteran also was responsible for one of the company's highest-profile gaffes: replacing Google Inc.'s maps with Apple's own faulty mapping software.
August 25, 2011 |
Steve Jobs, the visionary co-founder of Apple Inc. and driving force behind a string of products that revolutionized the consumer-electronics industry, stepped down as chief executive but was named chairman of the board, the company said late Wednesday. His relinquishing of daily control had been widely anticipated since he took an extended medical leave earlier this year. Jobs, 56, had a liver transplant two years ago and underwent surgery for pancreatic cancer seven years ago. Photos: Steve Jobs and Apple's influence "I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know," he wrote in a letter to the board Wednesday.
February 13, 2014 |
Apple released its annual supplier responsibility report Thursday, drawing praise from Greenpeace for steps the company has taken to reduce use of conflict minerals in its products. "Apple's increased transparency about its suppliers is becoming a hallmark of Tim Cook's leadership at the company," said Greenpeace Energy Campaigner Tom Dowdall in a statement. "Apple has flexed its muscles in the past to push suppliers to remove hazardous substances from products and provide more renewable energy for data centers, and it is proving the same model can work to reduce the use of conflict minerals.
July 24, 2012 |
Here's one aspect of Steve Jobs' legacy that Tim Cook, his successor at the helm of Apple, must be hating Wednesday: the company's reputation for lowballing its sales and profit estimates. The company found itself in the odd position of reporting better results than it had projected -- and, more objectively, higher quarterly sales and profits than the year before -- yet having its stock hammered in after-hours trading. Why? Because analysts had predicted much higher sales and profits, and thus were surprised and disappointed.
September 12, 2012 |
Apple's stock barely budged after the technology giant unveiled the iPhone 5, which it bills as the world's thinnest smartphone. Investors seemed to shrug off the announcement -- but that's not entirely shocking. Apple shares have, on average, fallen 1.4% the day the company launched all of the previous incarnations of the iPhone, according to Morgan Stanley. PHOTOS: Apple iPhone 5 The investment bank said the week after Apple announcements haven't been all that hot either.
January 23, 2013 |
Apple investors will soon find out whether their fears are founded, as the tech juggernaut is set to report its fiscal first-quarter earnings Wednesday afternoon. [For the Record, 7:32 a.m. Jan. 23: An earlier version of this post stated that Apple was due to report its fourth-quarter earnings. It is to report its fiscal first-quarter earnings. ] Apple's stock has fallen nearly 30% since September, in a sell-off fueled by reports of waning iPhone 5 sales and questions over whether Tim Cook can lead the company through the post-Steve Jobs era. Investors also worry that Apple could be losing market share to rivals, or that profits could suffer if it makes cheaper phones and tablets. Apple won't report its earnings until after the closing bell on Wall Street.
June 7, 2013 |
With fewer than nine hours left, an auction to have a fancy steakhouse lunch with Omaha billionaire Warren Buffett has received a top bid of $775,100 Friday. The 14th charity auction closes at 7:30 p.m. Pacific time and raises money for Glide, a San Francisco anti-poverty nonprofit. The auction got off to a strong start earlier this week , but as of Friday it's still nowhere near the record $3.5 million one anonymous winner bid last year. PHOTOS: Warren Buffett in the news Buffett, however, may see some consolation in that his companionship is at least worth more than that of Apple Inc.'s chief executive, Tim Cook.
November 16, 2011 |
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.
October 11, 2011 |
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.