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Business Tech

Tim Cook: Apple chief executive awarded over $750 million in payout as he marks 10 years in the job

Tim Cook, the chief executive of Apple received more than five million shares in the technology giant, as he marks ten years in the job. A company filing with the US Securities and Exchange Commission (SEC) watchdog shows that he sold most of the shares for more than $750 million. It is part of a […]

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World

Apple employees launch campaign to push back Tim Cook’s plans for office return

Apple employees have launched a campaign to push back against Tim Cook’s plans for a widespread return to the office, according to reports. It follows an all-staff memo last week in which the Apple boss said workers should be in the office at least three days a week by September. But staff are demanding more […]

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Tech

Apple unveils iOS 14, own range of chipsets for Mac. Apple WWDC 2020 keynote highlights

WWDC 2020 keynote began with Apple CEO Tim Cook talking to the audience via a live stream. He began the keynote by talking about the Black Lives Matter movement and on the ongoing coronavirus pandemic. He explained how Apple were helping the two. The entire WWDC 2020 event is being held online due to the […]

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Business

Tim Cook in memo says Apple won’t meet revenue target due to virus outbreak

Apple Inc. Chief Executive Officer Tim Cook sent all employees a memo addressing the impact of the coronavirus on the company. That came after Apple issued a statement saying that it would miss revenue guidance for the current quarter due to supply constraints and diminished demand related to the outbreak. In the email, Cook mentioned […]

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Business

Tim Cook’s pay slip slides 26 percent in 2019

Tim Cook, Apple CEO saw his annual pay slip to $11.6 million in 2019 after the company registered one of its weakest performance compared with the previous year, according to documents filed Friday. Cook, who took home $15.7 million in 2018, is paid a base salary of $3 million, in addition to a bonus and […]

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Insane

Donald Trump Meets Tim Apple

Tim Cook is a well known face in the business world, he leads a trillion dollar company. Even if people don’t use Apple products, the world knows him. Unfortunately, this doesn’t seem to be true. President Trump mistakenly referred the Apple CEO Tim Cook as “Tim Apple”. Strangely the President thinks Tim’s last name was […]

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Business

Tim Cook’s Memo On Slow iPhone Sales

Steve Jobs ‘Apple Inc’ is facing its worst times in two decades. Apple the first company to reach a trillion dollar evaluation is feeling the heat after the iPhone sales slowered in China. The fall of the iPhone steepened with the arrest of Huawei CEO’s in Canada. The Chinese people have reignited national sentiments, and […]

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Business

Microsoft beats Apple as the most valuable company

Microsoft pipped Apple to become the most valuable company, this happened after 15 year interval. The software giant ended Friday with a market value of more than $851bn compared with Apple’s $847bn. The iPhone maker has seen its share price plunge in recent weeks, finally lost its lead. Apple’s shares have fallen almost 25% since […]

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Business

iPhones made in the US

President Donald Trump is considering a new round of tariffs specially for the iPhone’s. The proposed tax could be anywhere between 10% to 35%. Which means that the basic iPhone XS model in the United States could rise by US$350. Apple will eventually pass this additional bill to its consumer, making the iPhone even more […]