Tim Cook

  1. Apple Reports Mixed Sales, But Doesn’t Signal Beats’ Future

    July 22, 2014 6:55 PM EDT Apple reported a modest uptick in computer and device sales, as well as faster revenue growth from its business segment that includes iTunes, while meeting its overall forecast during the third fiscal quarter of 2014. The Cupertino, Calif.,-based ...

  2. Apple Adds Shazam Integration at WWDC, But No Mention of Beats

    June 02, 2014 6:14 PM EDT Apple’s integration of song identification service Shazam was among a host of new features introduced along with two new operating systems at its Worldwide Developers Conference on June 2. But company executives onstage never mentioned newly ac ...

  3. Apple Introduces Newest Employee: Dr. Dre At WWDC (Updated)

    June 02, 2014 4:01 PM EDT Apple senior vice president of software engineering Craig Federighi introduced Dr. Dre as a company employee via telephone during the keynote presentation at the company’s Worldwide Developers Conference. “What time should I show up for work?” as ...

  4. Apple's WWDC Presentation: New iPhone, Mac Features Unveiled

    June 02, 2014 2:44 PM EDT Apple's Mac operating system is getting a new design and better ways to exchange files, while the software for iPhones and iPads is getting new features for keeping tabs on your health. Apple executive Craig Federighi pointed out that data fr ...

  5. Is Beats a 'Distressed Business'? Did it Matter to Apple

    May 30, 2014 5:51 PM EDT Beats Electronics needed Apple. Actually, based on an analysis of legal documents and private financial statements by PrivCo , Beats desperately needed a financial savior. Apple became that savior. Here's a short version: PrivCo claims last ...

  6. Apple Buys Beats in $3 Billion Deal; Iovine, Dr. Dre to Join Tech Giant

    May 28, 2014 4:33 PM EDT 14 2.117 k 173 69 After nearly three weeks of waiting and speculation, Apple has officially announced the acquisition of Beats Electronics and Beats Music in a $3 billion deal.   Beats founders -- Interscope-Geffen-A&M chairman Jimmy Iovine and hip-ho ...

  7. Apple Drops Beats Purchase Price From $3.2 to $3 Billion (Report)

    May 28, 2014 1:14 PM EDT Apple has lowered the purchase price of Beats from an estimated $3.2 billion to $3 billion, the New York Post reported this morning.  Leading up to the anticipated acknowledgement and announcement of the acquisition, supposedly due later this week ...

  8. Walter Isaacson, Steve Jobs' Biographer, Predicts Jimmy Iovine Will Run Apple's Content Business

    May 19, 2014 11:28 AM EDT It may not be the headphones or the streaming. Does Tim Cook think Jimmy Iovine is the next Steve Jobs? This article first appeared in the May 24th issue of Billboard Magazine . Apple is reportedly acquiring Beats Electronics for $3.2 billion, wi ...

  9. Steve Jobs vs. Tim Cook: The Apple CEOs' Major Differences

    May 12, 2014 4:53 PM EDT "Think different" became Apple's creed during the late Steve Jobs' reign as CEO. Now, chief executive Tim Cook is embracing that idea while making decisions that might have seemed crazy to his fabled predecessor. Apple's p ...

  10. Apple May Unveil Iovine, Dr. Dre Exec Appointments at June Conference

    May 12, 2014 1:41 PM EDT Apple could unveil Jimmy Iovine and Dr. Dre as its latest recruits at its Worldwide Developers’ Conference in June, according to people familiar with the Beats Electronics acquisition talks. Iovine and Dre, co-founders of Beats, are in talks to ...

  11. Pandora Growth Continues After iTunes Radio Launch

    November 05, 2013 12:51 AM EST Pandora fared well in the first full month iTunes Radio was available in the United States. The Internet radio company's listener hours grew 8% from September to 1.47 billion, according to figures revealed by CFO Mike Herring at a Morgan S ...

  12. Business Matters: iTunes Radio Starting Strong But Not Yet a Pandora Killer

    October 23, 2013 3:44 PM EDT iTunes Radio is off to a good start, but it’s too early to call it a Pandora killer.   At yesterday's press event, Apple CEO Tim Cook revealed the month-old Internet radio service has attracted 20 million users and has played 1 billion son ...

  13. Apple Taps Burberry CEO, Known for Tech-Savviness, to Oversee Stores

    October 15, 2013 10:55 AM EDT Apple said Tuesday that Burberry CEO Angela Ahrendts, who used technology to drive a remarkable turnaround at her luxury fashion house, will take charge of the company's expansion plans and retail operation. Ahrendts, who will become a seni ...

  14. Apple Expected to Expand Selection of iPhones

    September 09, 2013 2:01 PM EDT Apple is expected to unveil its latest take on the iPhone Tuesday during an annual ritual that will probably cast a spotlight on the gadget maker's drive to regain market share and its sluggish pace of innovation. In keeping with its tight- ...

  15. Business Matters: Apple iTunes Radio Vs. Downloads and The Innovator's Dilemma

    September 06, 2013 6:26 PM EDT Nearly all companies must eventually embrace innovation or risk injury. As the music business follows consumers' shift to streaming media, Apple will eventually abandon part of what made it successful. iTunes Radio, expected to launch Tue ...

  16. Apple iTunes Breaks Sales Records In Q3

    July 23, 2013 6:01 PM EDT Even though iPad sales stumbled in the third quarter, Apple Inc.'s iTunes store continued to rock on, according to the company latest earnings report released Tuesday. The iTunes store "generated record billings of $4.3 billion in the ...

  17. Apple's 2013 WWDC Conference: What to Expect

    June 09, 2013 3:39 PM EDT Apple is expected to reveal a digital radio service and changes to the software behind iPhones and iPads on Monday as the company opens its annual conference for software developers. Apple hasn't said what it will unveil at the Worldwide ...

  18. Apple CEO Tim Cook To Senate Panel: 'We Pay All the Taxes We Owe - Every Single Dollar'

    May 21, 2013 3:42 PM EDT Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates. Tim Cook testified at a hearing Tuesday by the Senate Permanent Subcommittee on Inves ...

  19. Business Matters: Music Quietly Vital at Apple

    October 25, 2012 9:04 PM EDT Although it was barely mentioned during Apple's fiscal fourth quarter earnings call on Thursday, music is still playing important role in Apple's strategies. Apple said it was "looking forward to launching" the redesigned iTune ...

  20. Billboard Insight: Music Business Stays in Apple's Shadow

    October 17, 2012 9:00 AM EDT The late Steve Jobs. (Photo: Justin Sullivan/Getty Images) Ed. Note: The full version of this story appeared in the 10/20/2012 issue of Billboard Magazine, which can be purchased here . Apple, famous for its obsession over creating user-friendly p ...

  21. Music Plays On For Apple

    October 15, 2012 9:27 AM EDT A year after Steve Jobs' death, Apple still has music in its DNA but may have lost some of its passion. That may be a good thing. Apple, famous for its obsession over creating user-friendly products, may have itself become more user-friendl ...

  22. Apple Posts Steve Jobs Video, Letter on Anniversary of His Passing

    October 05, 2012 1:13 PM EDT Steve Jobs -- Apple computer co-founder, tech pioneer and revered revolutionary -- died a year ago today, from complications due to cancer. Though his death did not come as a shock, his figure growing gaunt and work becoming more sparse as he batt ...

  23. Business Matters: Apple Still King of Digital Music, Unveils New iTunes, iPhone, iPods

    September 12, 2012 3:15 PM EDT Apple confirmed its dominant position in its post-Jobs era Wednesday when it unveiled new versions of iPhone, iTunes, iPod Nano and iPod Touch. The new products it unveiled suggests Apple has a commitment to maintain its leadership in digital musi ...

  24. Business Matters: What Zynga's Troubles Mean for the Music Business

    July 26, 2012 6:35 PM EDT What Zynga's Troubles Mean for the Music Business -- Games have always provided an outlet for music, but opportunities can be short-lived. A year ago Zynga was going to be the future of entertainment and provide an avenue for music to be used ...

  25. Business Matters: Global iTunes Revenue Falls in Successive Quarters

    July 25, 2012 6:35 PM EDT iTunes Expanded, But Revenue Dropped in Fiscal Q3 iTunes started showing its age as its revenue dropped $100 million to $1.8 billion in Apple's fiscal third quarter from $1.9 billion in the fiscal second quarter. The decline occurred even tho ...

  26. Apple Shutting Down Ping, Source Confirms

    June 13, 2012 4:37 PM EDT Apple is shutting down Ping, its social network and music recommendation service in the next iTunes update, according to multiple media reports and confirmed to Billboard.biz by a source close to the situation. The attempt at a social network by t ...

  27. iTunes App Store: 30 Billion Downloads, $7.14 Billion in Revenue

    June 11, 2012 6:07 PM EDT McDonalds used to track how many customers it had served on its store's signs, until the number grew too large; now, the signs simply read "billions and billions served." The iTunes app store is headed in the same direction. Apple T ...

  28. Apple Touts iOS, Mocks Android, Friends Facebook... Finally

    June 11, 2012 3:46 PM EDT Any doubt that Apple's goose was cooked when Steve Jobs was replaced by Tim Cook after Jobs' untimely passing should have dissipated by the end of today. At its Worldwide Developers Conference (WWDC) on Monday, Apple rattled off some imp ...

  29. Apple Expected To Show New Macs, Software At Developers Conference

    June 11, 2012 9:13 AM EDT NEW YORK (AP) -- Apple CEO Tim Cook is expected to show off new iPhone software, updated Mac computers and provide more details on future releases of Mac software when he kicks off the company's annual conference for software developers on Mo ...

  30. Business Matters: Social Media Isn't All That - But You Still Want It

    April 26, 2012 4:30 PM EDT Social Media Is Ubiquitous, But Overhyped Social media is a tough nut to crack. Its benefit is hard to measure but it's become a focal point in sales and marketing efforts. Market research says it plays a minor role relative to traditional me ...

  31. Apple Unveils New iPad With Sharper Screen, Faster Processor

    March 07, 2012 2:01 PM EST SAN FRANCISCO -- Apple's new iPad model, with a sharper screen and a faster processor, will go on sale in the U.S. and six other countries next Friday, the company confirmed Wednesday. The new features mean the iPad will be slightly thicker a ...

  32. Apple's New Mountain Lion OS for Mac to Have iPhone Features

    February 17, 2012 8:57 AM EST The next operating system for Mac will make the computers more like the mobile devices which make up the lion's share of Apple's sales. Apple CEO Tim Cook revealed plans to incorporate features from the iPhone and iPad into the forthcomi ...

  33. Morning Heds: Is Megaupload Like YouTube?; Tim Cook's Bang-Up Job; Iggy Pop Reps Record Store Day

    January 25, 2012 6:45 AM EST Tim Cook on His First Four Months as Apple CEO: Just Look at the Results All Things D Asked about his first four months as Apple chief executive, Tim Cook stressed that what he feels most is lucky to be surrounded by his talented colleagues. San F ...

  34. Apple Reports Record Quarterly Earnings Boosted By iPhone, Mac Sales

    January 24, 2012 7:20 PM EST In Apple's first quarterly financial report since the death of its iconic co-founder Steve Jobs in October, the technology-media behemoth said Tuesday that earnings surged 118 percent in large part due to the popularity of its newest mobile d ...

  35. Morning Heds: Bon Iver's Label, David Foster Starts At Verve, Mog To Stream In Subarus

    January 10, 2012 7:05 AM EST Bon Iver Establishes New Record Label Music Feeds Justin Vernon, the man behind one of the most successful Indie projects, Bon Iver, has launched his own record label. The label, called Chigliak Records, is an offshoot of his current label Jagjaag ...

  36. Consumer Electronics Show Curse? Gadget Show Has History of Products Falling Flat

    January 06, 2012 9:19 AM EST NEW YORK (AP) - The largest trade show in the Americas must be a great place to show off new products, right? Wrong. The International Consumer Electronics Show is quickly becoming a launch pad for products that fall flat. When the annual conclave ...

  37. The Year in Music Stocks: The Good, The Bad, The Overall Decline

    January 01, 2012 4:18 PM EST Music stocks were much like the broader markets in 2011: a mix of good and bad with an overall decline. Billboard's list of ten music-related stocks fell by an average of 4 percent in 2011. The Dow rose 3.2 percent, the S&P 500 dropped 1. ...

  38. Video: Steve Jobs Memorial Service Posted by Apple -- Features Coldplay, Norah Jones, Al Gore

    October 24, 2011 10:34 AM EDT Apple is allowing the general public to get a look at a heartfelt and star-studded memorial service it held for employees to celebrate the life of Steve Jobs at its Cupertino, Calif., headquarters last week. Apple Inc. posted a link on its website ...

  39. Apple Stores To Close Today For Steve Jobs Memorial Service

    October 19, 2011 7:49 AM EDT CUPERTINO, Calif. (AP) -- Apple is holding a private memorial service for employees to celebrate the life of company co-founder and former chief executive Steve Jobs. The service, announced to Apple employees in an email by CEO Tim Cook, is schedu ...

  40. Wall Street Luke Warm On New Apple iPhone 4S

    October 05, 2011 7:40 AM EDT CUPERTINO, California (AP) - The most closely kept secret about the iPhone 5? There isn't one - yet. The new iPhone is faster, has a better camera and allows you to sync content without needing a computer. It includes a futuristic, voice-acti ...

  41. Apple Promotes iTunes' Cue

    September 01, 2011 11:44 AM EDT Anyone involved in the digital side of the music biz probably knows Apple's Eddy Cue, who until recently was VP of iTunes. No longer. As one of the first executive moves of incoming CEO Tim Cook, Cue has been promoted to senior VP of Internet ...

  42. The Music Industry Reacts To Steve Jobs' Resignation as Apple CEO

    August 25, 2011 5:00 PM EDT No Worries in Music Industry as Apple Gets New CEO The earth did not stop turning when Steve Jobs, the executive most responsible for transforming how music is purchased, distributed and experienced in the digital age, resigned as Apple's CEO ...

  43. Who Is Tim Cook? Meet Apple's New Boss

    August 24, 2011 8:28 PM EDT Talk about a tough act to follow. Now that Steve Jobs has resigned as Apple CEO to become the company's chairman, the reigns of the company are now in the hands of Tim Cook. First of all, nobody replaces Jobs. Beside the fact that he's a ...

  44. Steve Jobs Resigns As Apple CEO, Named Chairman

    August 24, 2011 7:16 PM EDT Steve Jobs has resigned from his position as Apple CEO, taking on the new role of chairman, according to a company-issued press release. COO Tim Cook has been elected the company's new CEO, and will join the board as well. "I have always ...

  45. Apple Smashes Q3 Earnings Estimates With Record iPhone, iPad Sales

    July 19, 2011 6:00 PM EDT The iPhone is conquering Asia, the home of its strongest competitors. Sales there nearly quadrupled from a year ago and helped Apple Inc. trump analyst expectations for yet another quarter. Apple also said iPad sales worldwide nearly doubled from ...

  46. Apple Earnings Nearly Double, Helped By iPhone

    April 20, 2011 8:37 PM EDT Apple Inc. is already the envy of the technology world. On Wednesday, it rubbed it in with quarterly results that had only one blemish: It couldn't make the new iPads fast enough. "We sold every iPad 2 we could make," Chief Financia ...

  47. Stock Futures Drop Following Steve Jobs Medical Leave Announcement

    January 17, 2011 12:00 AM EST Stock index futures extended their fall on Monday, pulled lower by Apple Inc (AAPL.O) after the company's CEO Steve Jobs said the company's board had granted him leave to concentrate on his health. Apple's shares traded in Frankfurt ...

  48. Apple CEO Steve Jobs Taking Medical Leave of Absence

    January 17, 2011 12:00 AM EST Apple Inc. founder and CEO Steve Jobs sent a note Monday to employees saying he's taking a medical leave of absence so he can focus on his health. He says he will continue as CEO and be involved in major decisions but has asked chief operatin ...

  49. Apple COO Gets $22 million Reward As Jobs Stand-in

    March 15, 2010 12:00 AM EDT Apple Inc has awarded its COO a bonus valued at $22 million for leading the company while chief executive Steve Jobs was on six months' medical leave last year. The cash-and-stock award came at Jobs' recommendation, and was made in recog ...

  50. Apple Smashes Profit Forecasts, iPhone Shines

    July 22, 2009 12:00 AM EDT Apple Inc's quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhones and higher-than-expected gross margins, boosting its shares 4% on Tuesday. The company continued to defy the global recession with a solid ...