Post Tagged with: "Tim Cook"

Apple Announces Planned Retirement of CFO
/ March 4, 2014 2:57 pm
Apple Announces Planned Retirement of CFO

Following 18 years with Cupertino-based Apple, Peter Oppenheimer plans to retire as the company's senior voice president and CFO, the company announced Tuesday. The company has named Luca Maestri, its vice president of finance and corporate controller, as his successor, transitioning into the CFO role in June. Oppenheimer has served as Apple's CFO for a decade, while the company's annual revenue grew from $8 billion to $171 billion. . Read More

Shares of Apple Rise After Company Buys Back $14 Billion in Stock
/ February 7, 2014 4:56 pm
Shares of Apple Rise After Company Buys Back $14 Billion in Stock

Shares of Apple rose 1.4% on Friday after the Cupertino-based company revealed that it's repurchased $14 billion in company stock over the past two weeks. Tim Cook, Apple's CEO, told The Wall Street Journal the company now has bought back more than $40 billion of its shares in the past year. "It means that we are betting on Apple," Cook told the Journal. Read More

Apple and China Mobile Preparing for iPhone Release in China
/ January 15, 2014 5:01 pm
Apple and China Mobile Preparing for iPhone Release in China

VentureBeat reports that iPhone manufacturer Foxconn has shipped over one million iPhones to China Mobile in preparation for Friday's China release. China Mobile is the biggest carrier in China as well as the world with over 760 million customers. Read More

China Mobile to Release Apple’s iPhone
/ December 23, 2013 12:07 pm
China Mobile to Release Apple’s iPhone

VentureBeat reports that Apple and China Mobile announced that they will partner to launch the iPhone on the world’s largest mobile network, China Mobile’s 3G, and 4G networks on Jan. 17, 2014. Both companies stated that China Mobile users can now pre-register for the iPhone 5s and iPhone 5c starting on December 25. . Read More

Jeff Bezos is No. 15 on Forbes’ “Most Powerful People” List
/ October 30, 2013 10:59 am
Jeff Bezos is No. 15 on Forbes’ “Most Powerful People” List

Jeff Bezos, the founder of Amazon.com who earlier this month officially took ownership of The Washington Post, is No. 15 on Forbes' newly released 2013 list of The World's Most Powerful People. Russian President Vladimir Putin tops the list, followed by Barack Obama and Chinese leader Xi Jinping. Read More

Apple’s App Store Now Boasts 1 Million Apps
/ October 23, 2013 2:34 pm
Apple’s App Store Now Boasts 1 Million Apps

Mashable reports that Apple’s iTunes app store has reached over one million apps surpassing the Google Play Store in number of apps. The app store from Apple was made public 5 years ago. Tim Cook, CEO of Apple, made the milestone announcement in an event which was dedicated to the iPad this Tuesday. Read More

iTunes Radio Now Boasts 20 Million Users and 2 Billion Songs Streamed
/ October 23, 2013 2:08 pm
iTunes Radio Now Boasts 20 Million Users and 2 Billion Songs Streamed

Hybebot reports that Apple's iTunes Radio service, which was launched on September 18, now reports to have 20 million users and to have streamed 2 billion songs. Currently, the service is only available in the U.S. . Read More

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