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Apple CEO joins Twitter amid rush for new iPhones

Apple chief executive Tim Cook joined Twitter on Friday, as huge crowds formed around the world to buy up the California giant’s two new iPhones. In his first tweet, Cook described his visit to customers waiting for iPhones near the company’s headquarters. “Visited Retail Stores in Palo Alto today. Seeing…

CEO Tim Cook says Apple won’t go down ‘junk’ electronics road

Apple has no intention of competing in the “junk” segment of the electronics market, chief executive Tim Cook says. In an interview published Thursday as Apple prepared to launch sales of two new iPhones, Cook said he remains unfazed by Apple’s eroding share of the smartphone market. “There’s always a…

Apple to announce plans for its $97 billion cash balance

Apple scheduled an announcement Monday on plans for its huge cash balance, estimated to be at least $97 billion from sales of its hugely successful gadgets like the iPad and iPhone. An Apple statement said chief executive Tim Cook and chief financial officer Peter Oppenheimer would hold a conference call…

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