Page 3 - Tim Cook

Apple CEO Tim Cook's other job is to help Nike turn things around

During his tenure, he's been a sounding board on issues ranging from China to technology operations to appointing key new executives, according to current and former Nike and Apple employees

Apple's chief people officer Carol Surface to exit after less than 2 years

When Surface joined Apple, she took over the people role from Deirdre O'Brien, who had been managing that team in addition to the company's retail stores

Apple's Dan Riccio, key executive in both Steve Jobs, Cook eras, to retire

Riccio's exit marks one of the most significant departures from Apple's management team- though it's been in the making for quite some time now

All you need to know about Kevan Parekh, Apple's new Indian-origin CFO

Kevan Parekh will assume the CFO role on January 1, 2025, succeeding Luca Maestri, who is moving to Corporate Services and marks the second significant leadership change at Apple within a week

Buffett surprises by slashing Berkshire's Apple stake, move to alarm market

Billionaire Warren Buffett slashed Berkshire Hathaway's massive Apple stake in a move that could prove unsettling for the broader stock market both because the investor is so revered and because there had been little positive financial news lately. Just two years ago Buffett called the stock one of the four giants of his conglomerate's business alongside Berkshire insurance, utility and BNSF railroad businesses that it owns outright. That gave investors the impression that Buffett might hold onto Apple indefinitely as he has with the Coca-Cola and American Express shares he bought decades ago. However, he has trimmed the Apple stake over the past year and has recently also sold off some of his stock in Bank of America and Chinese EV maker BYD while doing very little buying. As a result, Buffett is now sitting on nearly USD 277 billion in cash, up from what was already a record USD 189 billion just three months earlier. This could alarm the markets especially given the news from la

Apple achieves record revenue in India, Mac sales rise: CEO Tim Cook

Apple CFO Luca Maestri further highlighted the strong performance for Mac products in emerging markets, including India, during the call

Musk's AI fashion show: World leaders, tech titans strut the runway. WATCH

The video features Elon Musk himself, alongside Mark Zuckerberg, Jeff Bezos, Tim Cook, and more

Increasing adoption

Electronic devices will be increasingly driven by AI

Apple likely to 'pay' OpenAI for ChatGPT through distribution, not cash

Apple's deal with OpenAI isn't exclusive, and the iPhone maker is already discussing offering Google's Gemini chatbot as an additional option. That agreement should be in place later this year

Apple Intelligence: What is it and what it brings to iPhone, iPad, and Mac

Apple intelligence will make Siri more contextually relevant, allow users to access new features for writing, summarising mails, sending emojis, and much more

Apple aims to overtake early leaders in AI race despite starting late

Apple's annual World Wide Developers Conference on Monday is expected to herald the company's move into generative artificial intelligence, marking its late arrival to a technological frontier that's expected to be as revolutionary as the invention of the iPhone. The widely anticipated display of AI to be embedded in the iPhone and other Apple products will be the marquee moment at an event that traditionally previews the next version of software that powers the company's hardware lineup. And Apple's next generation of software is expected to be packed with an array of AI features likely to make its often-bumbling virtual assistant Siri smarter, and make photos, music, texting and possibly even creating emojis on the fly a more productive and entertaining experience. True to its secretive nature, Apple hasn't provided any advance details about Monday's event being held at the company's Cupertino, California, headquarters. But CEO Tim Cook has dropped strong hints during the first

Southeast Asia fast emerging as centre of gravity for tech industry

After decades of playing second fiddle to China and Japan, the region of about 675 million people is drawing more tech investment than ever

Apple apologises for its latest iPad Pro ad, scraps plan to air it on TV

Others said the advertisement didn't bode well for Apple in the age of artificial intelligence and as regulators look to break up key properties like the App Store

Apple grows in double digit in India in Q2, Tim Cook very pleased

Apple CEO Tim Cook mentioned Apple's efforts to expand its presence in India, including increasing its distribution channels and developer community

Apple has advantage over the competition in generative AI, says Tim Cook

Cook said, Apple continues to make significant investments in generative AI and the company will share "some very exciting things" soon

Apple unveils record $110 bn buyback as results beat low expectations

Apple increased its cash dividend by 4 per cent and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history

After India and Vietnam, Apple looks to manufacture products in Indonesia

American tech giant does not have a manufacturing base in Indonesia, where iPhones and Apple computers have a strong following

Apple Inc aims to invest over $240 mn to expand its Singapore campus

Apple opened its first facility in Singapore in 1981 with 72 employees focused on Apple II, its early personal computer

Apple 'looking at' manufacturing facility in Indonesia: CEO Tim Cook

Apple CEO Tim Cook said the company is looking 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 will look out, Cook told reporters after the meeting. Widodo's administration has worked for years to bring manufacturing to the country to power economic development, while Apple is seeking to diversify its supply chains away from China, where most of its smartphones and tablets are assembled. The company began moving some production to countries like Vietnam, and more recently India, after shutdowns to fight COVID-19 in China repeatedly disrupted the company's shipments. I think the investment ability in Indonesia is endless. I think that, there is a lot of great places to invest, and we're investing. We believe in the country, Cook said. The previous day, Cook met Vietnamese Prime Minister Pham Minh Chinh in Hanoi, where he said Apple plans

Apple CEO Tim Cook wants to spend more on suppliers in Vietnam: Report

Cook arrived in Hanoi on Monday for the two-day visit during which he met suppliers, students, content creators and users of Apple products