Happy May Day! April sure flew by quickly, but it had plenty of highs and lows and the month ended on the higher end of the scale, judging from our last recap from the month. We've got a pair of Tim Cook tales to bookend today's edition, along with a Vine update, Hulu statistics and the CEO of BlackBerry predicting the end of the tablet within five years -- and he doesn't mean the company's own. Stay with us, won't you?
How'd you like to meet Apple CEO Tim Cook? It'll cost you a heck of a lot more than a MacBook Pro. Yesterday the Robert F. Kennedy Center for Justice & Human Rights posted an auction on Charity Buzz for a one hour-long chat over coffee with Cook, and by Thursday afternoon the 58 bids were sitting at $210,000. And you thought Starbucks was expensive.
Tuesday, April 23, 2013 has arrived, and within hours we'll all know how Apple fared during the post-holiday season without having released any significant new products. Investors have probably been chugging Pepto-Bismol for the last week in anticipation of the conference call, and as a result we've been subjected to endless speculation about the company's fate. Assuming Apple has a tomorrow (yes, that's a joke), we sure look forward to getting on to some better news about what the company will be releasing this year...
They say an apology goes a long way toward mending fences, and when the apology is heartfelt, even more so -- and Tim Cook's very public apology on Apple's Chinese website is already working its magic with the press there.
As part of its governance rules, Apple recently altered its requirements in regards to executive compensation and stock ownership. As of February 6, Apple executives and board members will be forced to own a hefty amount of shares, in accordance with salary.
It's rare to hear one of Apple's partners speak publicly about the company, but it's rarely positive, especially when Cupertino's often draconian policies are being discussed. Imagine our surprise to hear a European carrier CEO describe Apple as much easier to get along with now! What's the reason behind the change? You'll have to read on to find out...
A few weeks ago, we mentioned the growing discontent from some Apple investors, and the lurking potential for legal action. Well, last Thursday one of Cupertino's high-profile investors did just that, and launched a lawsuit against Apple in Federal District Court in Manhattan. A few days ago, Tim Cook responded like a parent answering a child who won't stop asking for a pony. Nobody likes to get swept into a high-profile lawsuit, do they?
Just last week, we reported on the lawsuit raised by Greenlight Capital's David Einhorn. Apple quickly responded to the kerfuffle, essentially calling Greenlight's accusations bogus on a number of grounds. Today, Apple CEO TIm Cook has publicly given his take on the matter, and it appears he's less than amused.