Tag Archives: Tim Cook

Wall Street China Tim Cook Apple higher sales

Apple reports higher sales as China reopens after coronavirus but gives no ...

05 May, 2020 9:00 am 9:00 am

(Reuters) – Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the right direction” as that country reopens from the novel coronavirus. But Cook said it was impossible to forecast overall results for the current quarter because of uncertainty created … Read More

Trade war and 5G spell tough 2019 for Apple in China

01 January, 2019 8:13 am 8:13 am

SHANGHAI (Reuters) – Apple Inc’s chief executive Tim Cook has his work cut out in China this year: the iPhone maker faces the looming threat of a court-ordered sales ban, the uncertain outcome of trade war talks and the roll-out of a new 5G network, where it finds itself behind rivals like Huawei and Samsung. … Read More

Apple says US tariffs on China would hit ‘wide range’ of produc...

09 September, 2018 8:45 am 8:45 am

CALIFORNIA (Reuters) – A “wide range” of Apple Inc  products including the Apple Watch would be affected by proposed US tariffs on Chinese goods, the company told US trade officials, but gave no sign of an impact on its iPhone cash cow. Apple did not disclose specific revenues for most of the affected products, but … Read More

Apple CEO calls $1 trillion value a ‘milestone’ but not a focus

08 August, 2018 8:58 am 8:58 am

CALIFORNIA (Reuters) – Apple Inc Chief Executive Tim Cook said that the iPhone maker’s $1 trillion market capitalization was “not the most important measure” of the company’s success but was instead a result of its focus on its products, customers and company values. n a memo to Apple’s more than 120,000 employees that was seen … Read More