Tim Cook has send an email to employees to thank them for an “incredibly successful” 2012 and to announce that Apple is extending the Thanksgiving holiday once again this year. “We will shut down with pay on November 19, 20 and 21 so our teams can spend the whole week with their loved ones.” Read the full email after the break. » Tim Cook Thanks Employees For An “Incredibly Successful” 2012
Chris Eissens
Tim Cook “Apple’s CEO” has published an letter to customers to apologize for the new Apple-powered Maps app in iOS 6. Apple replaced Google Maps with their own Apple Maps in iOS 6 but “most” people prefer Google Maps over Apple Maps, Tim Cook wrote in the letter that Apple is “sorry for the frustration this has caused our customers” and even told its customers to use alternative Map apps “like Bing, MapQuest and Waze, or use Google or Nokia maps” while Apple is improving Maps. Read the full letter after the break. » Tim Cook Apologizing In Open Letter On Maps For iOS 6
ericeissens
After Tim Cook’s usual talk about how Apple is doing, Phil Schiller took the stage to introduce the next generation iPhone. And as expected it’s called iPhone 5 and it looks just like the many leaked images we’ve seen the last couple of weeks. It’s 7.6 mm thick. That’s a thickness reduction of 18%. It’s also 20% lighter at just 112 grams. The iPhone 5 has a 4 inch retina display. This is the thinnest and lightest iPhone yet.
Much more after the break.
Apple delivered a keynote today at the World Wide Developers Conference and introduced new MacBooks, set a launch date for OS X Mountain Lion, and previewed iOS 6. You can now experience the almost two hour long presentation yourself by watching the entire keynote via Apple’s website.
AllThingsD has posted highlights from Walt Mossberg and Kara Swisher’s interview with Apple CEO Tim Cook from yesterday. In the 17-minute video you can see Cook’s thoughts on a number of topics, including the impact of the iPad, Steve Jobs’ passing, patent litigation, and more.
Chris Eissens
Bloomberg’s Margaret Brennan reports that Apple’s Tim Cook was the highest-paid chief executive officer in the U.S. last year as he received about $378 million, which includes salary, perks and bonuses and a one-time stock award that extends over 10 years. Larry Ellison of Oracle Corp. was second with $77.6 million. She speaks on Bloomberg Television’s “InBusiness With Margaret Brennan.” » Tim Cook: Highest-Paid CEO Of America At $378M in 2011
After many years Apple has finally told the public what it’s going to do with it’s huge cash pile. In a conference call earlier today, Apple announced a so called dividend and share repurchase program. In the next three years they expect to spend 45 million dollars on this program. A full press release after the break.