Tim Cook’s leadership been a subject of constant debate amongst Apple observers ever since he took over from former CEO Steve Jobs. Jobs was of course an innovator who led the creation of revolutionary new products like the Mac, iPhone and iPad, and most people wondered how Apple would keep its innovative edge with the lack of Jobs’ vision.
Today, Apple announced it was acquiring Beats Electronics and Beats Music for $3 billion in a deal that will bring Jimmy Iovine and Dr. Dre into the Apple fold. Following the official announcement, Apple CEO sent a memo to employees regarding the deal, reports 9to5Mac, which obtained a copy of this internal communication.
Tim Cook’s charity auction for a one-hour meeting with the Apple CEO at the company’s Cupertino headquarters ended today with final bid of $330,001. This auction is Tim Cook’s second fundraiser for Charitybuzz, with last year’s coffee meeting bringing in $610,000.
Apple CEO Tim Cook spoke briefly with the Wall Street Journal after the company’s earnings conference call yesterday. Apple announced its Q2 2014 earnings on Wednesday and reported better than expected iPhone sales, lagging iPad sales and a 7 for 1 stock split that left shareholders smiling. In his interview, Cook talked to the WSJ about the company’s need to innovate and its prospects for mobile payments.
Tim Cook on lack of new product launches in 2014: “It means more to us to get it right than to be first”
In November 2013, Apple had confirmed that the company was planning to setupÂ a sapphire glass production facility in Mesa, Arizona with GT Advanced Technologies.
When Tim Cook was asked about Apple’s manufacturing in the U.S. at Apple’s annual shareholder meeting earlier today, he said that the facility in Arizona was for a “secret project” that he could’t talk about.