The Latest Breaking News from Tim Cook

Apple's Services Slowdown Has a Weird Culprit: No F1 Movie This Year

Apple Inc. (NASDAQ:AAPL) said its red-hot Services division lost some momentum in the fiscal third quarter, with CFO Kevan Parekh pointing to an unusual culprit: there was no blockbuster “F1“ movie release this year to boost Apple TV+ revenue.

Benzinga · Jul 31

Apple Underestimated Its Own Customers: AAPL CEO Tim Cook Blames 'Demand Forecast Issue' for Q4 Supply Bottlenecks

Apple Inc.’s (NASDAQ:AAPL) record-breaking fiscal third quarter is being overshadowed by looming fourth-quarter supply shortages. The surprising culprit? The tech giant underestimated consumer demand for its own products, contributing to a weaker-than-expected September-quarter outlook and a sharp drop in after-hours trading.

Benzinga · Jul 31

iPhone Prices to Go up as Memory Chip Costs Keep Climbing? Tim Cook Says Apple Is 'Evaluating All Options'

Apple Inc. (NASDAQ:AAPL) is facing rising memory chip costs that could pressure its business beyond the September quarter, with outgoing CEO Tim Cook saying the company is exploring ways to manage the impact without revealing whether higher costs could eventually affect product pricing.

Benzinga · Jul 31

'We reluctantly raised prices': Tim Cook weighs in on hikes as Apple reports $109 billion in revenue

Tim Cook discussed the recent Apple price hike during the company's Q3 Earnings call and more.

Tom’s Guide · Jul 30

Apple and Amazon report rising revenues as investors turn on some tech stocks

Both tech companies beat Wall Street predictions on revenue in their second quarters

The Guardian - US · Jul 30

Europe Heatwaves Could Turn Into a 'Big Economic Challenge' as Wildfires Spread, Analysts Warn— Insurers Brace for Impact

France, Spain and Greece battled major wildfires as extreme heat, dry conditions and strong winds fueled blazes across Europe.

Benzinga · Jul 30

Apple Earnings Prediction Market Preview: What Will Tim Cook Say in His Last Call as CEO?

Apple Inc. (NASDAQ:AAPL) reports third-quarter earnings after the bell Thursday, with the call at 5 p.m. ET.

Benzinga · Jul 30

Apple Q3 Preview: Stock Hits All-Time Highs, Will Earnings Justify the Momentum?

Technology giant Apple Inc (NASDAQ:AAPL) looks to maintain its lead as the most valuable company in the world with third-quarter financial results coming Thursday after market close.

Benzinga · Jul 29

Tim Cook’s Final Earnings Call Could Send Apple Stock to Nearly $400

Tim Cook's final earnings call is due this week, and Apple is at a crossroads.

Barchart · Jul 28

Incoming Apple CEO aims to build on movie and TV progress

The technology giant began offering original TV series and films through the Apple TV+ streaming app in 2019. The company found success with Oscar best picture winner "CODA," ‌box-office blockbuster "F1" and ⁠Emmy-winning shows ⁠such as "The Studio" and "Ted Lasso."

The Economic Times · Jul 28