TIM COOK

Apple leadership has unveiled the tech-forward reward for Apple all employees, which number well over 60,000. Soon after announcing that in the holiday quarter, Apple has sold a record 37.04 million iPhones with a 128% growth compared to same period last year and 15.43 million iPad with a 11% increase, Apple CEO Tim Cook followed up by announcing in a town hall meeting that Apple will offer a total $750 discount on its products, which can be used once every three years.

Apple could ship a 42-inch TV set featuring organic light-emitting diode (OLED) displays as well as controls activated by the Siri “voice assistant” in the iPhone 4S, a report said.It could Apple TV or iTV.

Apple CEO Tim Cook has a problem, a $98 billion problem.

Apple CEO Tim Cook has a problem, a $98 billion problem. Just 18 months ago, Apple's $46 billion mountain of cash, while huge by most standards, attracted only muted complaints from investors, who did call for a dividend or share buyback, but were mostly happy with the meteoric rise in the stock price.

Apple has posted a record quarterly results on strong demand for iPhone, iPad, and Macs. The company's cash pile reached near $100 billion and is expected to surpass the coveted $100 billion mark next quarter.

Sources from within China's Foxconn plant say Apple's next-gen smartphone, the iPhone 5, is ready to begin production. The phone will reportedly feature a bigger 4-inch screen and a longer and thinner form factor.

Apple CEO Tim Cook has a problem, a $98 billion problem.

Apple Inc shares surged the most in more than three years, after skyrocketing iPhone and iPad sales helped it smash Wall Street expectations, prompting analysts to raise their price targets on the stock by as much as $100.

Tech giant Apple sold 15.4 million iPads in the last quarter, even exceeding analysts' expectations of 13 million units, according to the company's fiscal report released Tuesday.

Now that Apple, the world’s most valuable company, has reported blowout first-quarter results for its best-ever period, it’s also disclosed holding $97.6 billion in cash and investments.

Instead of dodging questions, Apple's new CEO Tim Cook broke his silence and candidly spoke about the much-hyped Apple TV on Tuesday.

Only about three months after Apple launched its iCloud service, it already boasts of over 85 million users, the company's Senior Vice President and Chief Financial Officer Peter Oppenheimer said during the Q1 2012 financial earning calls on Tuesday.

Despite missing Wall Street's expectations during the third quarter of 2011, Apple made quite unexpected and almost impossible projections for the holiday seasons. All eyes were on Tim Cook and company with questions in mind whether Apple could deliver. Well, the results are out and it is a monster blowout.

The magic of Steve Jobs may be absent in his successor Tim Cook but Cook's leadership is working well in Apple. On Tuesday, the tech giant has announced that its net profit has more than doubled to $13.06 billion in the fiscal first quarter. The Holiday sale of 37 million units of iPhone and 15.4 million units of iPad sale were seen as the biggest contribution towards the outstanding profit in the holiday quarter. No wonder, iPhone and iPad account for 72% of Apple's total revenue.

Apple, the most valuable technology company, reported its most profitable-ever first quarter Tuesday. Buoyed by the new iPhone 4S, consumers rushed to the company’s 361 stores, as well as wireless carriers for the new phones.

While shares of Apple, the most valuable technology company, fell about 1 percent to $422.37 Tuesday ahead of its first-quarter earnings announcement, TechnoBuffalo editor Jon Rettinger warned the company is swimming in uncharted waters.

Apple's iBooks 2 for iPad has been downloaded 350,000 times in its first 3 days. There's a reason why users are downloading this app at such a high rate: The education industry has been needed this app for a long time.

Apple, which reported its first $100 billion year for the period ended in September, is expected to report its most profitable-ever first quarter Tuesday. Consumers rushed to the company's 361 stores, as well as wireless carriers, for the new iPhone 4S.

You may love it or hate it, but you cannot deny that Apple has become a technology empire. And, as the tech giant's market cap hovers around $400 billion and the company threatens to overtake Exxon-Mobil as the most valuable company in the world, everybody must be wondering about what really goes on in Apple, about the corporate culture of the world's most secretive company. Perhaps Adam Lashinsky holds the the answer.

Four key technology giants are to report earnings Thursday. Intel, IBM, Google and Microsoft results may provide keys to 2012 progress, while Apple comes next week.

Apple revealed its closely guarded list of global suppliers for the first time and vowed to deal with worker abuses, hoping to deflect criticism it was turning a blind eye to cases of poor working conditions in a mostly Asian supply chain.