Apple CEO Apologizes for Horrible Maps

via businessinsider.com

Tim Cook just released a statement aimed at customers apologizing for the Apple maps mess.

In the letter he says, Apple is "extremely sorry" for releasing a subpar product and "we are doing everything we can to make Maps better."

He even tells customers to try other apps while Apple fixes its maps: "You can try alternatives by downloading map apps from the App Store like Bing, MapQuest and Waze, or use Google or Nokia maps by going to their websites and creating an icon on your home screen to their web app."

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Here Are All Of Apple's Upcoming Product Changes That Tim Cook Hinted At Last Night

via businessinsider.com

Tim Cook didn't end up announcing any new products at All Things D's big tech conference last night (no surprise there), but the Apple CEO did offer some big clues about a few new products and updates Apple has coming up - as well as a few that the company has decided not to work on.

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Apple CEO Tim Cook spotted at video game designer Valve's headquarters

via appleinsider.com

Apple's chief executive Tim Cook reportedly visited the Bellevue, Washington headquarters of Valve Corporation earlier today, inciting questions about new potential for collaboration between the two companies.

Valve, created by two former Microsoft employees in the mid 90s, has grown into a major video games developer and maintains the Steam gaming platform, which distributes over 1,400 games to an audience of over 30 million active users.

Steam works similar to Apple's iOS App Store within iTunes, providing a market for PC video game titles and a mechanism for automatically delivering the latest software updates to players.

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Apple News: Why Is Tim Cook In China?

via businessinsider.com

The market is up following Bernanke's speech at the National Association of Business Economics, the dollar however is diving. Shares of AAPL are up after a morning dip. Investors will be looking for the new iPad adoption; iPhone penetration, especially in China and emerging markets; market share growth of the Mac business; the evolution of Apple TV; and platforms such as Siri, iAd, iBooks and Ping. Shares of Apple trade at 11.3x Enterprise Value / Trailing Twelve Months Free Cash Flow (including long-term marketable securities).

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'If It Weren't For Tim Cook, The iPad Would Have Cost $5,000'

via businessinsider.com

Tim Cook might not be a visionary like Steve Jobs, but that doesn't mean he doesn't inspire awe from people in the industry.

We were recently chatting with an industry veteran, who works for one of Apple's rivals. We were asking this person about the state of the PC business.

HP, Samsung, Acer, Dell, just to name a few, are struggling to eek out a profit from PC sales. Meanwhile, Apple is cranking along with a 45 percent gross margin.

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Make your kitchen cooler with these 10 gadgets

via designer-daily.com

As a designer, whether you do graphic, web or industrial design, your friends will expect to see cool gadgets and designy things when they come visit you. In this article, I picked a few kitchen items that will make you meet your friends expectations.

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Here's What Tim Cook Just Said About The TV Business

via businessinsider.com

Tim Cook seemed* to drop some hints Apple is preparing to get more serious about the TV business in the near future.

Speaking in San Francisco at an investors conference held by Goldman Sachs, Cook said the current Apple TV business is a "hobby," but "Apple doesn't do hobbies as a general rule. We believe in focus. And only working on a few things."

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Apple gives Tim Cook $376 million stock award

via news.cnet.com

Even though he's only officially been Apple's chief executive for a few months, Tim Cook received a handsome compensation package for the job he did in 2011.

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