Apple CEO Tim Cook will earn considerably less in 2023 than he did in the last two years. The pay cut comes at the recommendation of the company as well as Cook himself. And it was approved Friday at Apple’s annual shareholder’s meeting.
In addition, five proposals made by shareholders for changes at the company were also voted down at the meeting.
Apple CEO Tim Cook is set to receive a substantial pay cut in 2023. The company’s top executive will receive “only” $49 million in compensation this year.
For comparison, Cook’s compensation was $99.4 million in 2022 and $98.7 million in 2021.
This week on Cult of Mac’s podcast: After new Twitter CEO Elon Musk began publicly questioning some of Apple’s policies, he went mano-a-mano with Tim Cook. Maybe Musk’s meme-y declaration of war was a bit premature …
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Twitter CEO Elon Musk on Wednesday walked back his claim that Apple was threatening to remove Twitter from the App Store.
This comes after Musk said he engaged in a “good conversation” with Apple CEO Tim Cook.
Apple CEO Tim Cook told a group of students in Italy last week what it takes to get and keep a job with the Cupertino tech giant.
Cook said Apple seeks out candidates with four shared skillsets that help employees — and the company — succeed.
Apple CEO Tim Cook’s unannounced European tour has taken him to the United Kingdom, Germany and Italy so far. And on one of his latest stops, he received an honorary master’s degree Thursday from the Università Degli Studi di Napoli Federico II in Naples, Italy.
“It’s an honor to be recognized by an institution with such a distinguished history, one that has nurtured Italy’s brightest young minds for nearly 800 years,” Cook said, accepting the honorary master’s degree for innovation and international management.
Something unexpected came out of Vox Media’s Code conference Wednesday — a birth announcement for The Steve Jobs Archive. The new repository celebrates the Apple co-founder’s life and strives to share his values. Various programs are planned.
In a panel discussion, Apple CEO Tim Cook, former design honcho Jon Ivy and Jobs’ widow, Laurene Powell Jobs, discussed the man’s legacy and introduced the archive.
Two of the best-loved shows on Apple TV+ — Severance and Ted Lasso — took home honors over the weekend from the Hollywood Critics Association TV Awards.
Severance won five awards, including Best Drama, and Ted Lasso won two awards, including Best Comedy. Apple TV+ topped all streaming services with 53 nominations overall.
With Apple in the antitrust spotlight both abroad and in the U.S., Cupertino is spending more than it ever has before on political lobbying.
And CEO Tim Cook has become one of the most politically active tech executives in the country.
Apple CEO Tim Cook teased the company’s rumored AR/VR headset during an interview with Chinese state-affiliated media on June 14.
He expressed his excitement about augmented reality and the opportunities in this space.
June 10, 2013: Apple passes a major milestone in iOS history, as payments to app developers top $10 billion on the App Store’s fifth birthday.
Speaking at WWDC 2013, Apple CEO Tim Cook reveals that the company paid out half of this money in the previous year. He also notes that this outrageous total is three times more than all other app store platforms combined. With 575 million user accounts registered, Apple has more credit cards on file than any other company on the internet.
People have downloaded 50 billion apps in total out of a collection of 900,000 available, Cook says, with 93% of the apps downloaded at least once every month.
We’ve all heard the “sad trombone” sound. Well, today all brass is happy — or at least some brass, down south in Alabama — because Apple CEO Tim Cook just gave his alma mater’s band program a donation to the tune of $100,000.
Cook played trombone in the Robertsdale High School band in Robertdale, Alabama, near Mobile. He graduated in 1978, on his way to an engineering degree from Auburn University and later an MBA from Duke University.
Apple CEO Tim Cook once again shows up on Time‘s list of “The World’s Most Influential People,” which pays tribute to 100 important figures from film, music, politics and global culture in general.
Others on the list include Volodymyr Zelenskyy, Channing Tatum, Mary J. Blige, Kris Jenner and Ron DeSantis.
In an open letter sent to Apple CEO Tim Cook on Tuesday, more than 100 film and TV professionals called on the company to publicly commit to building its video editing software Final Cut Pro into an industry-standard tool.
The group praised FCP as as “the biggest leap forward in editing technology since the move to digital” but complained it’s not living up to its potential.
The group noted, bitterly, that even the crew on CODA — the first streaming service release to win a Best Picture Oscar, and Apple’s own release — would probably not have chosen to edit it with FCP.
Apple CEO Tim Cook called privacy a key battle of our time during a speech Tuesday. He extolled Apple’s commitment to protecting its users’ data and condemned regulations that would force Cupertino to accept app sideloading on iPhones.
“We are deeply concerned about regulations that would undermine privacy and security in service of some other aim,” he said, referring to legislation that would force Apple to allow apps for its devices to bypass the App Store.
Cook made the comments during a wide-ranging keynote address at the International Association of Privacy Professionals Global Privacy Summit in Washington, D.C.
Read more about what he said and watch video of his speech below.
Unveiled at a special event way back in 2014, the first Apple Watch looked similar to the wearable we know and love today. But looks can be deceiving. Take the Digital Crown and Side Button, for example. Their design may not have changed, but their functionality is now very different.
Apple Watch went through a radical evolution over the past eight years. What started out as an “intimate way to connect and communicate,” has become primarily a health and fitness device.
This pivot is uncharacteristic of Apple. Products like iPod, iPhone and iPad launched with a clear vision and remained true to it. The Apple Watch’s evolution suggests a shift in Cupertino’s approach to new products, and provides tantalizing clues to the future of the company’s rumored next platform launch: realityOS.
Apple dropped out of a privacy trade group that pushes increasingly “industry-friendly data privacy laws.” The move comes ahead of Apple CEO Tim Cook headlining the International Association of Privacy Professionals Global Privacy Summit next Tuesday.
Cupertino confirmed it will leave the trade group, known as the State Privacy and Security Coalition, through a spokesperson following an initial report about it in Politico.
Apple CEO Tim Cook doesn’t often wear colorful Apple watch bands, but he made an exception during Apple’s Peek Performance event on Tuesday.
Cook emceed the event wearing an eye-catching yellow Sport band. Paired with his blue sweater, Cook seemed to be making a subtle gesture of support for the embattled country (yellow and blue are the colors of the Ukrainian national flag).
After Apple on Tuesday confirmed that it ceased product sales in Russia, CEO Tim Cook sent out an email to all employees that promises to match donations made to help Ukraine during the ongoing Russian invasion at a rate of 2:1.
“With each new image of families fleeing their homes and brave citizens fighting for their lives, we see how important it is for people around the world to come together to advance the cause of peace,” the email read.
Charlie Munger, investment company Berkshire Hathaway’s vice chairman, laid out high praise for Apple during an interview with Yahoo! Finance on Thursday. He called the Cupertino juggernaut “ungodly well-managed.”
He also described Apple as “one of the strong companies” and said he expects it to remain so.
A shareholder advisory group is urging Apple investors to vote against a $99 million compensation package awarded to CEO Tim Cook last year.
Institutional Shareholder Services (ISS) said it has “significant concerns” over the “design and magnitude” of the package — which is up $14.8 million from the year before. But it is Apple’s board, not investors, that make the final decision.
This week on Cult of Mac’s podcast: Will Apple blow our minds (and our wallets) with a devastating blitz of new hardware in 2022? Signs point to yes. This week we’re discussing the latest rumors about new Apple gear coming this year — and trying not to get too excited.
Also on The CultCast:
Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video livestream, embedded below.
Tim Cook’s plush home in Palo Alto, California, has been blurred out inside Apple Maps and Google Maps — likely because of an alleged stalking incident. If you enter his address, you’ll see nothing but a gigantic, pixelated wall.
But this kind of digital scrubbing isn’t reserved for top CEOs and celebrities. In fact, anyone can quite easily get their own home hidden from online maps. All you need to do is ask Apple and Google to conceal the locations. We’ll show you how.
Apple fans who take a virtual stroll through Palo Alto inside Apple Maps and Google Maps no longer get to see Tim Cook’s house. The modern, four-bedroom condo has had a giant digital wall erected right in front of it.
We spotted the change after Apple received temporary restraining order against an alleged stalker, who claimed to be Cook’s wife, threatened the Apple boss and was caught trespassing on his property.
A San Francisco Bay Area court granted Apple a temporary restraining order Friday against a woman who claimed to be Tim Cook’s wife and threatened the Apple CEO. She also allegedly trespassed at Cook’s home in Palo Alto, California.
The 45-year-old woman began tweeting about Cook in late 2020, referring to him as her “bed man,” among other things. She also allegedly emailed him multiple times, sometimes sending photographs of pistols, bullets and MacBooks.