Tim Cook

Tim Cook has posted an open letter on Apple's website in response to the European Commission's ruling that Apple must pay 13 billion euros ($14.5 billion) in back taxes dating from 2003 through 2014. Cook's letter begins by discussing Apple's long history in Ireland, which dates back to a small facility that housed 60 employees in 1980. That statistic has now expanded to 6,000 employees...

Apple CEO Tim Cook recently sold more than $35 million worth of Apple stock, according documents filed with the SEC this week. Cook sold 334,000 shares at prices ranging from $107.21 to $107.69, netting himself almost $36 million dollars. Apple also sold more than 656,000 shares on Tim Cook’s behalf, an amount over $70 million, to settle the tax liability for the RSUs that vested earlier...

Today marks the fifth anniversary since Tim Cook was named Apple CEO on August 24, 2011, the same day that late co-founder Steve Jobs stepped down as chief executive for the final time and recommended the board of directors appoint Cook as his permanent successor. Upon reaching the five-year mark, Cook has today unlocked previously awarded stock bonuses currently worth over $100 million. The...

Apple is planning an all-new research and development center in China, attempting to boost its presence and market share in the country following multiple reports of the iPhone's dwindling returns as users flock towards low-cost alternatives. The R&D center, said "to be built by the end of the year," will mark Apple's first location of its kind in the Asia-Pacific region (via Reuters). The...

After recording its first quarterly sales decline since 2003 this year, the doom and gloom sentiment surrounding Apple has reemerged. Some critics believe that Apple is doing too many things at once, or wrongly placing its focus on areas like Apple Watch bands rather than its core product lineup. MacRumors Buyer's Guide for Macs The most vocal critics often point towards the state of Apple's...

Apple CEO Tim Cook today announced on Twitter that a new App Store record was set last month, with July seeing Apple's highest ever monthly billings for the App Store and the largest amount of money paid out to developers. According to Cook, Apple has now paid out more than $50 billion to developers over the lifetime of the App Store, which first launched for the iPhone in 2008, a year after...

Apple CEO Tim Cook plans to host a fundraiser that will benefit Democratic presidential nominee Hillary Clinton, reports BuzzFeed. Cook, along with Lisa Jackson, Apple's vice president of environment, policy, and social initiatives, will host the event as private citizens, not as representatives of Apple. Cook and Jackson plan to raise money for the Hillary Victory Fund, a committee that...

Apple today announced that it recently sold its one-billionth iPhone, marking a major milestone for the company. CEO Tim Cook shared the news with employees at a staff meeting this morning, as noted in a news story published by Apple. In a statement, Cook called the iPhone one of the most successful, world-changing products in history, echoing similar sentiments from yesterday's earnings call...

Nike today announced some changes to its board of directors, which will see Apple CEO Tim Cook serving as lead independent director going forward. Cook has been a member of Nike's board since 2005, serving as chair of the Compensation Committee and as a member of the Nominating & Corporate Governance Committee. Nike Chairman Phil Knight has also retired from the board of directors and is being ...

Apple CEO Tim Cook plans to co-host a fundraiser for House Speaker Paul Ryan next week in an attempt to strengthen Apple's relationship with key Republicans, reports Politico. The announcement comes following news Apple has decided not to donate money and Apple products to the Republican National Convention, reportedly because of comments made by presumptive nominee Donald Trump. Cook and Ryan ...

Apple CEO Tim Cook spoke this morning at Startup Fest Europe, a festival geared towards helping startups grow, where he gave some sage business advice and shared some insight into Apple's future plans in the television and healthcare industries. Some of Cook's most interesting comments were on healthcare, which has been a focus for Apple in recent years with ResearchKit, HealthKit, and the...

Apple CEO Tim Cook and Lisa P. Jackson, vice president of environment, policy and social initiatives, are currently in India on a multi-day trip meeting various business leaders, politicians, developers and more. Yesterday, Cook visited the famous Siddhivinayak Temple in Mumbai before proceeding to a series of meetings. Meanwhile, Jackson made her way to the Indian state of Rajasthan to meet the...

After arriving in India from Beijing on late Tuesday night, Apple CEO Tim Cook started his five-day trip in the country with a pre-dawn visit to the famous Siddhivinayak Temple in Mumbai on Wednesday, according to The Indian Express. Cook was accompanied by newly promoted Apple India head Sanjay Kaul. Tim Cook and Apple India head Sanjay Kaul, right (Image: The Indian Express) Cook proceeded...

Following his trip to Beijing, China on Monday, Apple CEO Tim Cook will travel to India tomorrow to meet with Prime Minister Narendra Modi later this week, according to Reuters. Cook will be making his first-ever trip to India as CEO, as Apple seeks to increase its presence in the world's most populous country after China. He is also expected to hold meetings with employees and partners in the ...

As planned, Apple CEO Tim Cook arrived in Beijing on Monday for his latest visit to China, where the iPhone maker has experienced a turbulent few months. Earlier today, he caught a ride using Didi Chuxing, the Chinese ride-sharing service that Apple just invested $1 billion in, alongside the Uber rival's president Jean Liu. Cook meets with Liu, left, and developers at an Apple Store in Beijing ...

Apple CEO Tim Cook has been named as one of several tech industry executives that will speak at Startup Fest Europe, a festival geared towards helping startups grow faster, according to the event website.Tim Cook (Apple) and Travis Kalanick (Uber) have accepted their invitation to come to the Netherlands with great enthusiasm. Neelie Kroes (special envoy StartupDelta) personally invited Cook and...

Apple CEO Tim Cook will visit Beijing later in May to meet with high-level government officials as the company looks to counter a series of recent setbacks in the country (via Reuters). According to sources familiar with the matter, Cook plans to meet senior government and Communist Party leaders to discuss a range of issues, including weakening iPhone sales and the company's loss of control...

Apple CEO Tim Cook's fourth annual CharityBuzz auction ended this afternoon, raising more than $500,000 for the Robert F. Kennedy Center for Justice and Human Rights. The auction, which garnered more than 40 bids, includes a one hour lunch date with Tim Cook At Apple's Cupertino headquarters along with passes to a forthcoming Apple keynote event. Two people are able to attend the lunch meeting ...

Apple CEO Tim Cook spoke with CNBC's Mad Money host Jim Cramer yesterday for a two-part interview covering a wide range of topics. In the second portion of the interview, which aired tonight, Cook talked about Apple's recent feud with the FBI, what Apple stands for, and who he personally admires. On a question about what Apple stands for and what he's most proud of, Tim Cook said Apple...

Apple CEO Tim Cook today sat down with CNBC Mad Money host Jim Cramer, where he discussed his thoughts on innovation, the future of the iPhone and the Apple Watch, the growth of Apple services, Apple's performance in China, and more. Last week, Apple reported its first year-over-year revenue decline since 2003, announcing $10.5 billion in profit on $50.6 billion in revenue. Apple also saw its...