Apple Inc will look into the possibility of building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo. Apple CEO Tim Cook arrived in Jakarta on Tuesday, after visiting Vietnam. He met with Jokowi, as the president popularly known, and will be inaugurating an academy for Apple developers on the island of Bali. "We talked about the president's desire to see manufacturing in the country, and it is something that we will look at," Cook told...
Tim Cook made a diplomatic comment about the possibility of Apple manufacturing in Indonesia, after the country’s president pressed him on the issue. The country is an important market for Apple, as the world’s 4th most populous country after China, India, and the US. Indonesia is one of a growing number of countries to use the threat of import tariffs as a way to encourage foreign companies to invest in the local economy, and Apple has so far used an indirect method to escape these ...
Apple CEO Tim Cook has told Indonesia's President that the company will look at the feasibility of opening manufacturing in the country, though he hasn't said whether that means the iPhone. Tim Cook (right) with photographer Sofyan Pratama in Indonesia Following his two-day visit to Vietnam, in which he committed Apple to expanding its manufacturing there, Tim Cook met with Indonesia's President Joko Widodo over similar issues. Apple does not currently have manufacturers in Indonesia,...
Apple CEO Tim Cook has sold shares in his company worth about $33 million, and received just under half that after tax. As detailed in a filing to the Securities and Exchange Commission, Cook sold 196,410 shares, and did so in multiple batches. Based on stated prices received per share, Cook earned between $33.04 million and $33.23 million before taxes. The sums are a fraction of the estimated $355 million he made selling five million shares in 2021. It's also not as much as the last...
Apple's CEO Tim Cook this week sold 196,410 shares of the company's stock, which had a total value of approximately $33.2 million based on the average sale price of the transactions, according to a U.S. Securities and Exchange Commission filing. After taxes, Cook netted nearly $16.4 million from the sales. Cook received all of the shares that he sold this week as a performance-based stock award. Like other senior executives at Apple, he has a predetermined trading plan to sell company stock...
Apple's layoffs affected employees across various California addresses, with most from sites linked to the company's now-defunct car unit dubbed Project Titan.
Things have been getting a little more serious over in Cupertino this year for Tim Cook.The latest sign of the mood change came Thursday after it emerged that Apple had laid off over 600 employees in California. The news came from filings with the California Employment Development Department first reported by Bloomberg.In a year when the tech industry has already cut almost 60,000 employees — with Apple's Big Tech peers slashing a considerable number more from their workforces since they began...
He joined a science class using only iPads
Apple CEO Tim Cook is in Hanoi, Vietnam for a two-day trip in which he is due to meet suppliers, app developers and students. Tim Cook (left) with musicians My Linh and My Anh in Hanoi Vietnam is one of the countries, along with India, that are benefitting from Apple's moves to reduce its over-reliance on China. As well as increasing manufacturing for AirPods and Apple Vision Pro, Apple has also moved some iPad development work there. According to local publication VNExpress, Cook ...
Geopolitical tensions and falling sales in China have Apple searching for new manufacturing hubs across Asia.
Cook is expected to meet Vietnamese students, content creators, and app developers
Apple has issued its first major round of layoffs since the pandemic amid