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News tagged ‘CEO’
Apple And Samsung CEOs To Meet In Court For Patent Dispute Settlement Talks
According to FOSS Patents’ , Samsung CEO Gee-Sung Choi and Apple CEO Tim Cook and their general counsels will meet at a San Francisco courthouse within the next 90 days for a discussion aimed at resolving long-standing patent dispute. Lucy Koh, the judge presiding over two Apple vs. Samsung cases in California, ordered the companies to comment on their participation in Alternative Dispute Resolution. As noted in a joint statement of the companies before the court:
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Apple CEO Tim Cook Tours Foxconn iPhone Production Facility in China
Carolyn Wu, a spokeswoman for the Cupertino, Calif., company, told Bloomberg in an e-mail on Thursday that Apple CEO Tim Cook visited an iPhone production line at a Foxconn plant in Zhengzhou, China to discuss "intellectual-property issues and greater cooperation."
"China is very important to us and we look forward to even greater investment and growth here," the company said.
The executive's visit to an iPhone production line comes as Apple has come under fire for working conditions at its suppliers' factories. Different reports claimed that Apple is aware of rights abuses for years without doing anything about them. Cook, however, said in a letter to employees: "We care about every worker in our worldwide supply chain."
Apple reportedly rejecting apps that access UDIDs
TechCrunch on Saturday reported that Apple has reportedly started rejecting apps which access UDIDs (A unique device identifier, is basically a serial number that a mobile network uses to identify mobile devices like the iPhone and iPad.)
In August 2011, Apple warned software makers that the company would be killing off UDID access with iOS 5, suggesting that developers begin work on app-specific tracking mechanisms. Removing the feature effectively ends OS-wide user tracking and forces developers to create their own proprietary opt-in identification systems.
Apple Announces Plans to Initiate Dividend and Share Repurchase Program
Yesterday Apple hold a conference call where the company announced its plans to initiate quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012, which begins on July 1, 2012.
Additionally, Apple said that it authorized a $10 billion share repurchase program that begins on September 30, 2012. The repurchase program is expected to be executed over three years, with the primary objective of neutralizing the impact of dilution from future employee equity grants and employee stock purchase programs.
Apple to host conference call Monday to discuss its $100B cash balance
Apple issued a press release at 6 p.m. Eastern on Sunday evening where the company reported that it would host a conference call on Monday at 9 a.m. Eastern, 6 a.m. Pacific to discuss what it plans to do with its $100 billion cash balance.
Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome of the Company’s discussions concerning its cash balance. Apple® will not be providing an update on the current quarter nor will any topics be discussed other than cash.
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Samsung official claims Apple plans to release 7.85-inch iPad this year
Citing an anonymous Samsung executive, The Korea Times has recently reported that Apple indeed plans to launch the 7.85-inch iPad model. The unknown Samsung’s executive revealed that Apple has committed a purchase at least $9.7 billion worth of components from the company, and if the demand for is strong, Apple’s expenditures will reach as much as $11 billion. The executive claims that the demand will be driven partly by the recently-released iPad, MacBook Air and a smaller iPad.
''The contract is expected to rise to $11 billion by the end of this year as Apple is planning to release a smaller iPad, probably with a 7.85-inch screen, and to sell more of its MacBook Air PCs using Samsung's faster solid state drive (SSD) storage,'' the official said.
iTV Entertainment Warns Apple Of Legal Actions If It Uses iTV Name
While rumors have been widely circulating that Apple is working on a TV set, no direct evidence of this product has emerged. As for the possible name for the product, some have believed that Apple will name the new TV set "Apple TV", while other suggested the company will prefer the "iTV" name despite it raises branding and trademark issues with other companies such as UK-based .
Rumors: Apple Is Interested In Taking Virgin’s Prime Location In Paris
Interior of Virgin Store on Champs-Élysées
French newspaper Le Figaro () that Virgin is going to vacate its retail outlet on Champs-Élysées in Paris and Apple is one of the main candidates said to be interesting in occupying the spot. The Virgin store covers nearly 75,000 square feet, with about 50,000 square feet dedicated to the sales floor.
Foxconn’s Working Conditions Are Far Better Than The Norm
Reuters on Fair Labor Association’s initial impressions as it conducts its independent audit of working conditions at Foxconn's manufacturing facilities at Apple’s request.
According to the Auret van Heerden, the president of Fair Labor Association, Foxconn’s manufacturing facilities seems to be "first-class" compared to the garment factories which are typically monitored by the association. He also suggests that boredom and monotony connected with repetitive assembly tasks might be among the main threats to employees’ health at the facilities.
Apple intern's thesis leaks secret project to port Mac OS X to ARM processors
In 2010, Tristan Schaap, who now serves as a Core OS engineer at Apple, published a Bachelor thesis on his 12-week stint as an intern with Apple's Platform Technologies Group, a subdivision of the Core OS department. The thesis revealed that the former Apple intern had been working on the secret project to port Mac OS X Snow Leopard to the ARM architecture.
According to the paper, Schaap worked with the group to get Darwin, the "lower half" of Apple's Mac OS X operating system, to boot onto an ARM processor from Marvell. During the course of the project, he achieved his goal of "booting into a multi-user prompt," though some issues still remained due to a "poor implementation on the debug hardware."
Google reportedly hired away Apple senior director for 'secret project'
VentureBeat claims to have learned that Google has managed to hire away Simon Prakash, Apple's senior director of product integrity, to work on a "secret project". Report author Dean Takahashi called the new hire "historic" for Google, as Prakash is reportedly the most senior person that Google has recruited away from Apple.
At Google Prakash will work on a "secret project" that may be led by co-founder Sergei Brin who is in charge of a number of clandestine research and development projects, including an "X" lab that works on speculative technology.
ARM-Based MacBook Air Unlikely Based on Analyst Talk with Tim Cook
Last year we reported some interesting rumors concerning Apple’s plans on the ARM (A5) based MacBook Air. The ARM processor is the same one that is used in the iPhone and iPad. An ARM-based MacBook Air, however, would raise a number of questions about what kind of device it might actually be. The use of ARM processor would allow reducing power requirements, but with a corresponding drop in computing power.
Citigroup analyst Richard Gardner who was able to meet with Apple CEO Tim Cook and CFO Peter Oppenheimer on Thursday reports:
Apple hires Dixons Retail CEO John Browett as new SVP of Retail
John Browett will become Apple’s new Senior Vice President of Retail after leaving his current position as CEO of Dixons Retail, one of the largest consumer retailers in Europe with over 40,000 employees.
Apple today announced that John Browett will join the company as senior vice president of Retail, reporting to Apple CEO Tim Cook. Browett comes to Apple from European technology retailer Dixons Retail, where he has been CEO since 2007. Beginning in April, he will be responsible for Apple’s retail strategy and the continued expansion of Apple retail stores around the world.
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Tim Cook Responds to Report on Working Conditions at Suppliers' Factories
Apple CEO Tim Cook has sent an email to company employees where he gave his explanation of treatment of workers at the facilities of Apple's suppliers. The email highlights Apple's efforts to oversee compliance with company standards for workers' rights and the transparency. From Cook's opening statement:
As a company and as individuals, we are defined by our values. Unfortunately some people are questioning Apple’s values today, and I’d like to address this with you directly. We care about every worker in our worldwide supply chain. Any accident is deeply troubling, and any issue with working conditions is cause for concern. Any suggestion that we don’t care is patently false and offensive to us. As you know better than anyone, accusations like these are contrary to our values. It’s not who we are.
Apple Is Looking To Open R&D Center In Haifa, Israel
Following Apple’s acquisition of Israeli flash memory company Anobit, an Israeli business newspaper Calcalist that Apple wants to open a research center near Haifa city by the end of February. Reportedly the facility is located at the south of the Haifa city, in the neighborhood of Microsoft, Philips and Intel, who also have research centers there.