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Don't miss this chance to buy the Apple iMac M3 with a $500 discount
Don't miss this chance to buy the Apple iMac M3 with a $500 discount

Digital Trends

time3 days ago

  • Business
  • Digital Trends

Don't miss this chance to buy the Apple iMac M3 with a $500 discount

If you've been waiting for iMac deals to buy one of Apple's all-in-one computers with a huge discount, head over to Best Buy. The Apple iMac M3, which is originally sold for $1,799, is currently on sale for $1,299 as part of the retailer's Apple Shopping Event. Time is running out if you want to take advantage of the $500 in savings though, so act fast and proceed with your purchase as soon as possible. Why you should buy the Apple iMac M3 The Apple iMac M3 is no longer the latest version of the all-in-one computer as the Apple iMac M4 was released last year, but it's still a 'powerful and dominant' device as we described it in our review. With the M3 processor combining with a 10-core GPU and 16GB of RAM, its performance is going to be enough for most people. The Apple iMac M3 is an excellent machine for working with graphics, and it can even run some of the best PC games, which was impossible for previous generations of Apple's Mac computers. The 24-inch display of the Apple iMac M3 offers 4.5K resolution and supports 1 billion colors, for one of the best screens that you'll ever see in an all-in-one computer. It also features a 1080p FaceTime camera and a studio-quality three-mic array for making video calls, a six-speaker sound system that supports spatial audio, and ample storage space for your apps and files on its 512GB SSD. The Apple iMac M3 also comes with a Magic Mouse and Magic Keyboard, so everything that you need for a complete computer setup is included in the box. Best Buy's $500 discount for the Apple iMac M3, which slashes its price from $1,799 to $1,299, might not make it to the end of the retailer's Apple Shopping Event. That's because Apple deals almost always get sold out quickly, due to the popularity of the brand's devices. Don't waste any more time — add the Apple iMac M3 to your cart and finish the checkout process immediately if you want to get the all-in-one computer for a much more affordable price than usual.

Apple in China: A Story of Innovation and Vulnerability
Apple in China: A Story of Innovation and Vulnerability

Time of India

time6 days ago

  • Business
  • Time of India

Apple in China: A Story of Innovation and Vulnerability

AI-generated audio summary; not verified by the edit team. Excerpts: Q. What prompted you to write this book, especially given the abundance of existing material on Apple ? A. There's this perception that there's so much on Apple, but I really don't think there is. Sure, there are blogs devoted to daily Apple coverage and even newspapers with Apple beat reporters, so you'd think there's not much left to uncover. Weirdly, no one has told the basic story: Apple was near bankruptcy in 1996—how did it come back to become the world's biggest company? Name the book that tells that story. From iMac to iPod to iPhone—you'd think that narrative would fill a dozen books. But mostly we have biographies. What we don't have is a corporate history of Apple in the 21st century, which is strange. And we rarely think of Apple as a manufacturer. Of course, they orchestrate the manufacturing rather than do it themselves—there's no building with a bitten apple outside and machines inside. But that's still the DNA of the company. By the late 1990s, Apple had three manufacturing sites—in the US, Ireland, and Singapore—and how they 'discovered' outsourcing and offshoring was also an untold story. The third story that hasn't been told in any detail is China. Everyone knows the iPhone is built there, but what did China actually offer? Who made the decisions? Any one of those three stories could have been a solid book. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bank-Repossessed Cars in the Philippines at Bargain Prices! SUV Deals | Search Ads Search Now Undo But the chance to tell all three in one felt like a huge opportunity. Q. As you point out, it's been a bumpy ride—not just in entering new territories, but also in how much they're willing to bend. Isn't it? A. Okay, so Apple really is in a major bind here—it's become a bargaining chip between the two superpowers, Beijing and Washington. Its operational dependence on China is extreme. There's no other company making $400 billion in revenue with 90% of its products built in China. That makes Apple uniquely vulnerable to geopolitical shifts. And while there's pressure to shift the supply chain to places like India or Vietnam—possibly Mexico, though that's not really on Apple's radar—it's difficult. Neither Beijing nor Washington wants that. Washington, especially under Trump, dreams of reshoring to the US. And Beijing is actively blocking a meaningful shift to India, where, frankly, Apple should be going. Their success is their vulnerability. Other companies use China for production but don't rely on the local market. Apple, by contrast, has a $70 billion business in China. That success makes them a target—if Apple is seen as the Western company most visibly de-risking from China, it risks backlash from 1.4 billion Chinese who view the iPhone as an indigenous product. So when I look at Apple's risk, I'm less concerned about antitrust or lagging in AI—those are issues, but not existential. What is existential is the fact that if something goes wrong in China, Apple has no Plan B. And that's an astonishing thing to say about a company that, over 25 years, built the world's most sophisticated, inspiring supply chain. Q. You point out in your book that they're trying to diversify—building in India and Mexico. But they've tried moving into Mexico before, and it didn't really work out, did it? A . No, and that's what's so fascinating. Because we haven't really focused on Apple as a manufacturer, I was able to tell a narrative that few people know. Even book reviewers and Apple enthusiasts have said they didn't know this history—and many in Apple's own supply chain were surprised by it. Between 1996 and 2003, Apple was essentially scouring the globe for the right partners. The translucent iMac in 1998–99, for instance, was built by LG in South Korea. When it became a huge success, Apple expanded production to Mexico and Wales. That turned out to be a disaster, despite being a sound strategy. It was around then that Foxconn came on board. There was a meeting of minds between its founder, Terry Gou, and Tim Cook, then SVP of operations. Foxconn began assembling the iMac in mainland China. That was significant, but its impact only became clear later. They also built in the Czech Republic for Europe, and in Fullerton, California. At the same time, laptops and early iPods were made in Taiwan, while other operations continued in Singapore and California. Some iMacs were even made in Germany. So Apple had manufacturing in eight or nine countries—a kind of 'long march to China' before full consolidation. They embraced outsourcing late—long after the rest of the PC industry. But as with MP3 players and smartphones, they arrived late and then outperformed everyone. While companies like Dell and HP saw China as a source of volume and low cost, Apple saw something more: abundant labour enabling unconstrained design. Most companies design products for easy machine assembly. Apple did the opposite—they made products maddeningly intricate, knowing they had the labour to build them by hand on conveyor lines. That's the story of how Apple discovered China—a marriage of skill and scale. Q. The sheer amount of labour required—even at the design stage—was, in a sense, made possible by China's vast workforce, wasn't it? A. Yeah, absolutely. It's funny—some 90-second soundbites have circulated on social media and, unfortunately, given the impression that I'm not giving credit to China. But in the book, I give a lot of credit. I don't think Apple could have found a better partner. In China, not only was the labour force abundant, hardworking, and doing 12-hour shifts, but the country also had world-class industrial policy. On top of that, the communist system worked a bit like American federalism—many decisions were made locally. Local cadres in Shenzhen, for example, might follow broad directives from Beijing, but how they executed them was up to them. They'd compete to secure factory orders and benefit economically from growth. So, there were many reasons why China made sense. If you were Apple's partner—Foxconn, for instance—you could work with local officials to access free land, machinery, and labour. Apple simply took advantage of what was, in theory, available to everyone—but did it better than anyone else. Ironically, it wasn't Apple orchestrating all this; it was Foxconn. They realised Apple's complex designs required a highly skilled workforce, so they had US engineers fly in and train workers directly. Terry Guo became so savvy that someone like Tony Fadell—the 'Podfather'—would show up one day to find an entirely new group on the factory floor. Everyone he'd trained had been reassigned to other clients, and it was like a new semester had begun, with Apple engineers teaching Engineering 101 all over again. So it wasn't just Apple and China—it was the people on the ground who made it a remarkable, even riveting, story. Q. Given how tech giants today often align with govts, could Apple's relationship with China be seen as an early example of a tech company in strategic partnership with a nation? A. Yeah, I think it's the mother of all examples. You don't get bigger than Apple. Even a company like Walmart may, in some years, order more goods from China—but Walmart isn't in factories training workers to make action figures or kitchenware. They don't need the govt connections that Apple needs. What many people didn't realise is that Apple doesn't just wait around for suppliers to innovate. It works hand-in-glove with hundreds of factories, co-inventing and helping suppliers push beyond their capabilities. In the early 2000s, many suppliers couldn't afford hundreds of millions in machinery, so Apple began funding it. A paradigmatic example: in 2008, Apple developed the unibody MacBook, milled from a single slab of aluminium. CNC machines were typically used only for prototypes, but Apple bought 10,000 of them—each costing nearly $1 million—and installed them in suppliers' factories. That gave Apple massive influence over China's supply chain. This is where the argument gets bold: Apple has trained 28 million people since 2008 and invested $55 billion in Chinese factories by 2015. That outweighs some of history's biggest nation-building efforts. Apple, in effect, played the role of a nation builder in China—not in infrastructure or agriculture, but in advanced electronics, Xi Jinping's priority sector. So my argument, which took time even for me to reach, is that Apple became the largest supporter of Made in China 2025—Xi Jinping's strategy to reduce reliance on the West and become self-sufficient in automation, robotics, and electronics. Q. You describe Tim Cook and a few colleagues standing in that hallowed, secret space in China. What were they there to sign? A deal promising $275 billion in investment over five years? This was unheard of, wasn't it? A. Yeah, it's really crazy. What makes it slightly less so is that some people see the $275 billion figure as a quid pro quo—like, 'here's a load of cash, now leave us alone.' And while there's a bit of that sentiment, the reality is more nuanced. When Xi Jinping came to power in 2013, he viewed Apple as an exploitative force. He pushed the idea that companies had to be 'in China for China'—meaning, what are you giving back? Public filings made it seem like Apple wasn't doing much. In 2003, when Apple consolidated into China, it was a small company with 1.1% margins. That year, Foxconn actually made more money than Apple. But by 2012, Apple's margins had grown 25 times while Foxconn's had halved. From that view, Apple looked like it was profiting massively without returning much to China. Fearing a fate like Facebook or Google—blacklisted—Apple moved to flip the narrative. In 2016, Tim Cook went to Beijing's political heart and showed that unlike companies like Samsung with a few dozen joint ventures, Apple was working closely with hundreds of suppliers, installing machinery and training millions. At that time, 3 million people in China were indirectly working on Apple products. Apple's message to Beijing was clear: you have no idea how deeply integrated we are—we're more 'in China for China' than any other company. The $275 billion figure came from Apple's internal supply chain audit. They were already spending $55 billion a year, so they pledged to continue at that level for five years. So it wasn't really a quid pro quo. It was Apple quantifying what it was already doing. Some within Apple say it was just smart marketing—not a new commitment. But the size of the figure makes it undeniably revealing.

Tim Cook breaks Steve Jobs' this record at Apple, what it says about Apple's evolution
Tim Cook breaks Steve Jobs' this record at Apple, what it says about Apple's evolution

Time of India

time02-08-2025

  • Business
  • Time of India

Tim Cook breaks Steve Jobs' this record at Apple, what it says about Apple's evolution

Tim Cook has officially become the longest-serving CEO in Apple's history, surpassing the legendary Steve Jobs . As of August 1, 2025, Cook has led the tech giant for 5,091 days—one day longer than Jobs' combined tenure as CEO. This milestone marks not just a shift in leadership duration but reflects Apple's evolution from a design-centric innovator under Jobs to a global services and hardware powerhouse under Cook. The transition tells a larger story about how Apple has matured, diversified, and continued to thrive even in a post-Jobs era. Tim Cook surpasses Jobs' CEO tenure: a historic leadership milestone Steve Jobs served as Apple's CEO in two phases: first as interim CEO (1997–2000) and then officially until his resignation in 2011, totaling 5,090 days. Tim Cook, who took over immediately after Jobs stepped down, has now served for 5,091 days and counting. Though Jobs is credited with Apple's dramatic resurgence and visionary product launches, Cook's long-lasting leadership has brought financial stability, record-breaking market caps, and expansive global growth. Steve Jobs was known for his intense, hands-on, visionary leadership style. He spearheaded revolutionary products like the iMac, iPod, iPhone, and iPad. Tim Cook, in contrast, is a calm and strategic operator who optimized Apple's supply chains, expanded into services, and championed sustainability and accessibility. Cook's approach relies more on empowering teams and long-term planning, reflecting a matured corporate culture. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your New Zealand escape starts with Singapore Airlines Fly with Singapore Airlines Book Now Undo Apple's evolution under Tim Cook: Beyond the iPhone While Jobs reshaped consumer tech with breakthrough devices, Cook diversified Apple's ecosystem. Under his leadership, the company launched the Apple Watch, AirPods, HomePod, AirTag, Vision Pro, and its own Apple silicon chips. On the software and services front, he led the growth of Apple Pay, Apple Music, Apple TV+, Apple Arcade, News+, and Fitness+, turning Apple into a recurring revenue machine beyond just hardware sales. Financial transformation: From billions to trillions In Jobs' final year (2011), Apple earned around $108 billion in revenue. Under Cook, Apple crossed a staggering $394 billion in annual revenue by 2022. More impressively, Apple became the world's first $3 trillion company in market capitalization, reinforcing Cook's reputation as a financial powerhouse who brought unprecedented shareholder value and stability. The legacy debate: innovation vs. sustainability While Jobs' era is remembered for disruptive innovation and iconic product moments, Cook's tenure is defined by sustainability, inclusivity, and long-term growth. Cook built on Jobs' foundation, but his success sparks debate: has Apple lost its spark of innovation, or has it simply evolved into a mature, diversified tech empire? Either way, Cook's milestone highlights the company's transformation from a volatile innovator into a global economic titan. What lies ahead for Tim Cook and Apple? As Apple continues to explore AI, spatial computing, and health tech, Cook remains at the helm with no official successor in sight. Speculation is growing that he may also assume the role of chairman, consolidating his leadership. Whether or not Cook eventually steps aside, his tenure has redefined what it means to lead Apple—and shaped the company's trajectory for the next generation. AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Tim Cook just beat Steve Jobs in one major way — here's what it means for Apple's future
Tim Cook just beat Steve Jobs in one major way — here's what it means for Apple's future

Time of India

time01-08-2025

  • Business
  • Time of India

Tim Cook just beat Steve Jobs in one major way — here's what it means for Apple's future

Tim Cook longest-serving Apple CEO 2025 : Apple CEO Tim Cook has just passed a major milestone in Apple's history. As of August 1, 2025, Cook has served as the tech giant's CEO for 5,091 days, one day longer than former Apple CEO Steve Jobs led the company, as per a report. Tim Cook Officially Surpasses Steve Jobs as Apple's Longest-Serving CEO Jobs, Apple's co-founder, was CEO in two stretches. First as interim CEO from September 16, 1997 to January 5, 2000 (841 days), and then officially from January 5, 2000 to August 24, 2011 (4,249 days), as reported by Macrumors. Together, that totaled 5,090 days in the role. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare Finance Cybersecurity Data Analytics healthcare Operations Management Product Management CXO Technology Degree Artificial Intelligence Leadership others MBA Others PGDM Digital Marketing Data Science MCA Data Science Management Design Thinking Project Management Public Policy Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details While, Cook took over the moment Jobs stepped down on August 24, 2011, and has held the position ever since, according to the report. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo ALSO READ: As the July jobs report paints a grim picture, 114 companies plan layoffs in August - is yours on the list? What Apple Products Did Steve Jobs Launch as CEO? Jobs's time as CEO was defined by a wave of revolutionary products. He launched the iMac, iPod, iPhone, iPad, Apple TV, and MacBook lines, including the Air and Pro, as per the report. He also introduced major software platforms such as iTunes, Mac OS X, Safari, iOS, the App Store, FaceTime, and iCloud, according to Macrumors. Live Events Under his leadership, Apple not only recovered from near collapse but also set the stage for its rise as a global powerhouse, as per the report. He oversaw the company's move into retail, secured a key $150 million investment from Microsoft, and approved the future Apple Park campus, as reported by Macrumors. ALSO READ: Trump's name reportedly redacted from Epstein files — here's what the FBI doesn't want you to see Tim Cook's Impact on Apple's Growth and Valuation Cook's years at the helm have brought a different kind of evolution. He has overseen the debut of the Apple Watch, AirPods, HomePod, AirTag, Apple silicon chips, and the Vision Pro, according to the report. On the software and services side, he led the rollout of Swift, Apple Pay, and Apple Intelligence, while expanding Apple's reach into entertainment, news, fitness, and gaming with services like Apple Music, Apple TV+, Apple Arcade, Apple News+, and Apple Fitness+, as per Macrumors. Under Cook, Apple became the world's most valuable publicly traded company, reaching a $3 trillion valuation in 2022, as per the Macrumors report. He also directed major acquisitions, including Beats and Shazam, according to the report. Is Tim Cook Planning to Step Down? According to the report, Cook currently has no plans to step down anytime soon, and there is also apparently no immediate successor ready to take his position. Cook might also become Apple's chairman along with being the CEO in the not-too-distant future, as per the Macrumors report. FAQs When did Tim Cook become CEO of Apple? He became CEO on August 24, 2011, right after Steve Jobs stepped down, as per the Macrumors report. Has Apple grown under Tim Cook? Yes. Apple became the world's most valuable company, hitting a $3 trillion valuation in 2022.

Tim Cook just beat Steve Jobs in one major way — here's what it means for Apple's future
Tim Cook just beat Steve Jobs in one major way — here's what it means for Apple's future

Economic Times

time01-08-2025

  • Business
  • Economic Times

Tim Cook just beat Steve Jobs in one major way — here's what it means for Apple's future

Tim Cook longest-serving Apple CEO 2025: Tim Cook has now served as Apple's CEO for a longer period than Steve Jobs. Cook reached 5,091 days in the role on August 1, 2025. Jobs launched iconic products like the iMac and iPhone. Cook oversaw the release of the Apple Watch and AirPods. Apple's valuation hit $3 trillion under Cook. He is not planning to step down soon. Tired of too many ads? Remove Ads Tim Cook Officially Surpasses Steve Jobs as Apple's Longest-Serving CEO What Apple Products Did Steve Jobs Launch as CEO? Tired of too many ads? Remove Ads Tim Cook's Impact on Apple's Growth and Valuation Is Tim Cook Planning to Step Down? FAQs Apple CEO Tim Cook has just passed a major milestone in Apple's history. As of August 1, 2025, Cook has served as the tech giant's CEO for 5,091 days, one day longer than former Apple CEO Steve Jobs led the company, as per a Apple's co-founder, was CEO in two stretches. First as interim CEO from September 16, 1997 to January 5, 2000 (841 days), and then officially from January 5, 2000 to August 24, 2011 (4,249 days), as reported by Macrumors. Together, that totaled 5,090 days in the Cook took over the moment Jobs stepped down on August 24, 2011, and has held the position ever since, according to the READ: As the July jobs report paints a grim picture, 114 companies plan layoffs in August - is yours on the list? Jobs's time as CEO was defined by a wave of revolutionary products. He launched the iMac, iPod, iPhone, iPad, Apple TV, and MacBook lines, including the Air and Pro, as per the report. He also introduced major software platforms such as iTunes, Mac OS X, Safari, iOS, the App Store, FaceTime, and iCloud, according to his leadership, Apple not only recovered from near collapse but also set the stage for its rise as a global powerhouse, as per the report. He oversaw the company's move into retail, secured a key $150 million investment from Microsoft, and approved the future Apple Park campus, as reported by READ: Trump's name reportedly redacted from Epstein files — here's what the FBI doesn't want you to see Cook's years at the helm have brought a different kind of evolution. He has overseen the debut of the Apple Watch, AirPods, HomePod, AirTag, Apple silicon chips, and the Vision Pro, according to the report. On the software and services side, he led the rollout of Swift, Apple Pay, and Apple Intelligence, while expanding Apple's reach into entertainment, news, fitness, and gaming with services like Apple Music, Apple TV+, Apple Arcade, Apple News+, and Apple Fitness+, as per Cook, Apple became the world's most valuable publicly traded company, reaching a $3 trillion valuation in 2022, as per the Macrumors report. He also directed major acquisitions, including Beats and Shazam, according to the to the report, Cook currently has no plans to step down anytime soon, and there is also apparently no immediate successor ready to take his position. Cook might also become Apple's chairman along with being the CEO in the not-too-distant future, as per the Macrumors became CEO on August 24, 2011, right after Steve Jobs stepped down, as per the Macrumors Apple became the world's most valuable company, hitting a $3 trillion valuation in 2022.

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