Jump to navigation

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
Follow Futures          
       
more >>

We Asked Traders

We asked traders for their opinion on the launch of bitcoin futures

Sponsored Content

Trading

Equities.com launches unlimited trading via Tradier Brokerage, Transforming into a news & fintech portal

Featured Topics

more Commodities>>

Commodities

Energy demand steps back in play
Advertisement
more Volatility>>

Volatility

Volatility & opportunity in the energy sector
Daily Price Action: E-mini S&P 500
more Options>>

Options

Trading Vertical Option Spreads

Advertisement

Apple to invest in manufacturing Macs in U.S., CEO Cook says

By Adam Satariano and Josh Tyrangiel, Bloomberg

December 6, 2012 • Reprints

Samsung Ties

Cook also said Apple has a complicated relationship with Samsung, one of Apple’s biggest component suppliers and its chief rival in the smartphone and tablet markets.

The two companies are in the midst of patent-infringement lawsuits around the world, including one in California, where a jury said Samsung should pay Apple more than $1 billion in damages.

“Life is a complex thing sometimes, and yes, it’s awkward,” Cook said. “I hate litigation. I absolutely hate it. For us, this is about values. What we would like, in a perfect world, is for everyone to invent their own stuff.”

Apple opted to take Samsung to court “after lots of trying,” Cook said.

“We felt we had no other choice,” he said. “We tried every other avenue, and so we’ll see what happens in the future.”

Jobs’s Advice

Cook also recalled the meeting last year when Jobs asked Cook to become CEO. Jobs, who would become chairman, said he wanted a smooth transition, and that Cook shouldn’t burden himself with wondering how Jobs would run the company.

“The conversation occurred at a period of time when I felt Steve was getting better, and I think he felt this way as well,” said Cook, who was named CEO in August 2011. “So from that point of view, I was a little surprised.”

Cook said he expected Jobs to serve as chairman for a “long, long period.”

Asked about missing Jobs, who died the following October after a long battle with cancer, Cook said, “I do, every day.”

Bloomberg News

<<< previous
Page 3 of 3

About the Author

Copyright 2014 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Related Articles
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
Previous
Euro target extended beyond $1.35 despite fall
Next
SEC to lift ban on actively managed ETFs relying on derivatives
Related Terms
Bloomberg 5254financials 2975stocks 2123China 1906equities 1689California 1387Texas 1372manufacturing 1315Nevada 808Colorado 555Apple 328Apple Inc. 326North Carolina 251Google Inc. 173Oregon 163Kentucky 123Caterpillar Inc. 115General Electric Co. 87GE 84Aapl 74Tim Cook 66Samsung Electronics Co. 63Steve Jobs 50consumer electronics 44Scott Forstall 9Foxconn Technology Group 6Macs 1Macbooks 1wireless media device 1mobile-software industry 1worker-rights groups 1Fair Labor Association 1Louis Woo 1

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
images