TIM COOK

Apple, which lost its retail chief to J.C. Penney last year, hired the CEO of Britain’s top electronics chain to replace him and push an international expansion.

Apple Inc is hiring Dixons chief executive John Browett, who drove a recent turnaround at the UK electricals retailer, to lead the iPad maker's retail expansion.

Apple Inc has never turned a blind eye to the problems in its supply chain and any suggestion it does not care about the plight of workers is patently false, Apple Chief Executive Tim Cook said in an email to employees.

Apple CEO Tim Cook sent an email to the employees, Thursday, claiming the company cares about the worker's welfare, after the New York Times published, Wednesday, a lengthy report about the terrible working conditions in the major Apple product manufacturer Foxconn.

Apple celebrated the second birthday of the iPad on Friday, but the tablet's success has been overshadowed by a recent report from the New York Times that exposes labor violations at Apple's supply chain in China.

Apple announced its most profitable quarter ever on Tuesday, but now that the bar is set so high, all eyes will be on the next iPad and iPhone to carry the company's success through the year.

Apple Inc. has never turned a blind eye to the problems in its supply chain, and any suggestion it does not care about the plight of workers is patently false, Apple Chief Executive Tim Cook said in an e-mail to employees.

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.