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Stockreport

Tim Cook says Apple Maps release was a 'really big mistake' [USA TODAY]

Apple Inc. (AAPL)  More Company Research Source: USA TODAY
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
What was the AirPower charging mat status? What did Tim Cook call Apple Maps release? What leadership lessons did Cook highlight? What was the AirPower charging mat status? Full Summary Tim Cook reflected on his tenure at Apple, calling the 2012 launch of Apple Maps a "really big mistake" that was buggy at release but has since become the company's top map app. He also cited the unreleased AirPower charger as another misstep, praised the Apple Watch launch as a major achievement, and announced he will step down as CEO in September, with John Ternus set to succeed him. Reflecting on his tenure at the leading tech giant, Apple CEO Tim Cook said Apple Maps was a "really big mistake." "The product wasn't ready," Cook, who will step down as CEO in September, said during an Apple town hall on April 21, Bloomberg reported. "We apologized for it and we said, 'Go use these other apps. They're better than ours.' And that was a humble pie. But it was the right thing for our users." [Read more]
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Stockreport

Tim Cook says Apple Maps release was a 'really big mistake' [USA TODAY]

Apple Inc.  (AAPL) 
More Company Research Source: USA TODAY
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
What was the AirPower charging mat status? What did Tim Cook call Apple Maps release? What leadership lessons did Cook highlight? What was the AirPower charging mat status? Full Summary Tim Cook reflected on his tenure at Apple, calling the 2012 launch of Apple Maps a "really big mistake" that was buggy at release but has since become the company's top map app. He also cited the unreleased AirPower charger as another misstep, praised the Apple Watch launch as a major achievement, and announced he will step down as CEO in September, with John Ternus set to succeed him. Reflecting on his tenure at the leading tech giant, Apple CEO Tim Cook said Apple Maps was a "really big mistake." "The product wasn't ready," Cook, who will step down as CEO in September, said during an Apple town hall on April 21, Bloomberg reported. "We apologized for it and we said, 'Go use these other apps. They're better than ours.' And that was a humble pie. But it was the right thing for our users." [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS