Cook says he will pay for the college education of his 10-year-old nephew, then donate the rest of his money to charity.
Activist investor Carl Icahn thinks Apple should be doing more to revive its stock price, and wants to help CEO Tim Cook with the resuscitation.
“Those jobs aren’t coming back.” That’s what Steve Jobs reportedly told President Obama when asked at a dinner in early 2011 whether Apple would consider moving some of its manufacturing from China to the United States. Jobs’ successor, CEO Tim Cook, might have another response for Obama: Yes, we can.
Apple shares headed for another all-time high Monday ahead of an announcement about what the company plans to do with its enormous pile of cash.