Tag: Tim Cook

Apple Sales Decline as China Market Weighs on Earnings Report
Technology

Apple Sales Decline as China Market Weighs on Earnings Report

Updated Nov. 2, 2023 6:06 pm ETApple said sales fell for the fourth consecutive quarter, including a decline in China that came as the company faces a broad economic slowdown in the country and new competition from rival Huawei Technologies.The September quarter marks the fourth straight period in which Apple reported year-over-year declines in total revenue, the longest such slump in years. Apple sales were $89.5 billion, down less than 1% from the previous year and largely in line with analyst estimates, even as net income of about $23 billion exceeded expectations.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tim Cook Can’t Make iPhones Without This Chinese Company and Its CEO
Technology

Tim Cook Can’t Make iPhones Without This Chinese Company and Its CEO

Updated Oct. 23, 2023 12:01 am ETAt a time when Apple is generally trying to depend less on China, the company is relying more on one Chinese firm whose skill at assembling the tech giant’s products has proven too valuable to dismiss.Many Apple customers may not be familiar with Luxshare Precision or its leader Grace Wang, but they likely own its handiwork. Along with other Apple contractors, Luxshare manufactures AirPods, the Apple Watch and the recently released iPhone 15, including the top-of-the-line iPhone Pro Max. Luxshare is also the assembler of Apple’s first mixed-reality headset, due to reach consumers next year. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple’s Tim Cook Makes Surprise China Visit as iPhone Sales Slump
Technology

Apple’s Tim Cook Makes Surprise China Visit as iPhone Sales Slump

Updated Oct. 20, 2023 12:00 am ETApple Chief Executive Tim Cook is crisscrossing China, one of the company’s largest markets, where challenges are mounting amid weak iPhone 15 sales and heightened government scrutiny.The whirlwind trip, which wasn’t announced ahead of time, has involved drop-ins at Apple stores, a visit to a key supplier and meetings with senior officials, including Chinese Commerce Minister Wang Wentao. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple rejected opportunities to buy Microsoft’s Bing, integrate with DuckDuckGo
Technology

Apple rejected opportunities to buy Microsoft’s Bing, integrate with DuckDuckGo

CNN  —  Since 2017, Apple has turned down multiple opportunities to chip away at Google’s search engine dominance, according to newly unsealed court transcripts, including a chance to purchase Microsoft’s Bing and to make the privacy-focused DuckDuckGo a default for users of its Safari’s private browsing mode. The previously confidential records, unsealed this week by the judge presiding over the US government’s antitrust lawsuit against Google, illustrate the challenges that have faced Google’s rivals in search as they’ve tried to unseat the tech giant from its pole position as Apple’s default search provider on millions of iPhones and Mac computers. It’s a privilege for which Google has paid Apple at least $10...
Apple CEO Tim Cook on creating a clean energy future
Money

Apple CEO Tim Cook on creating a clean energy future

In Brown County, Texas – flat, dry, near the geographical center of the state – Apple has invested in a joint venture to power 100,000 homes with clean energy. This four-mile-long stretch of solar panels – nearly a million of them – will look to some like a bold step towards a clean-energy future, and to others like marketing disguised as social conscience, what cynics would call "virtue signaling.""I don't do virtue signaling, at all," said Apple CEO Tim Cook. "I don't believe in it. We want to do hard work."  What Cook means by hard work is making sure environmental choices make business sense: "I want to see that it pencils out, because I want other people to copy it. And I know they're not going to copy a decision that's not a good economic decision." Apple CEO Tim ...
CEO Tim Cook on Apple’s clean energy future
Money

CEO Tim Cook on Apple’s clean energy future

CEO Tim Cook on Apple's clean energy future - CBS News Watch CBS News Apple CEO Tim Cook, whose goal is for his company to be carbon neutral in just seven years, talks with CBS News' John Dickerson about the ways in which Apple aims to achieve that target. He also discusses his change in management style since being named Steve Jobs' successor in 2011 and how Apple will continue to support equality while operating in jurisdictions that pass laws undermining equality. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not ...