Browsing: Tim Cook

Fifty billion dollars was wiped off Apple’s valuation in after-market trading on Wednesday after it published first-quarter results that spooked investors, despite lifting sales by 18% to a record US$54,5bn. The question on investors’ lips now is whether this marks the bottom of an aggressive sell-off

Apple is reportedly cutting orders for iPhone 5 components, possibly because of lower than expected demand from consumers for the flagship device. This is happening just as rival Samsung Electronics boasts an 89% surge in operating profit and sales of more than 100m Galaxy S devices. Where

As has become customary at this time of the year, TechCentral is pleased to present its lists of who it considers the biggest technology newsmakers over the past 12 months, both internationally and in South Africa. We kick it off, as always, with the five people the

Rumours are circulating that Apple may abandon Intel chips in favour of those designed by ARM Holdings. Bloomberg reported on 6 November that “people familiar with the company’s research” had said Apple was “exploring” the idea. Of course these sources

To understand the importance — and irony — of last week’s court victory by Apple, it’s necessary to go back to 1979. It was 33 years ago that a young Steve Jobs paid a visit to the Palo Alto Research Center (Parc), a research and development facility in Silicon Valley owned by Xerox. Xerox Parc is renowned for having

With hype building once again ahead of the launch of the next iPhone, it’s sometimes easy to forget that the world doesn’t revolve around the fruity company in California. The new iPhone — or whatever it’s eventually called — is guaranteed saturation coverage in the next few weeks leading up to a rumoured 12 September

The tablet’s ability to deliver content has been considered a threat to PC makers and broadcasters, but new data shows 85% of people use their tablets while watching television, according to a report by Forrester. The tablet is replacing laptops as second-screen devices, since we can do many of same tasks on tablets that

Is it possible to run an ethical supply chain? After the publication on 29 March 2012 of the first independent audit of the factories Apple uses in China, the iconic consumer electronics giant has definitely become the test case for whether multinationals can put an end to labour abuses. According to the long-awaited report, which is considered one

Apple on Monday finally offered up some plans for its nearly US$100bn war chest, and it’ll almost certainly please the company’s shareholders. The company announced that it will initiate a quarterly dividend of $2,65/share beginning the fourth fiscal quarter (beginning 1 July), as well as a $10bn share repurchase programme

Apple will hold a conference call on Monday to announce plans for its large cash balance. The company is sitting on about US$98bn in cash, and investors are getting increasingly antsy and clamouring for a dividend or share buyout. Tim Cook and Apple’s chief financial officer, Peter Oppenheimer, will host the call