AWT News Update: February 4, 2016


It's a short and sweet podcast today, covering some news about an Apple "all-hands meeting" that was held after the earnings call last week. Key points include:

  • Apple expects to start moving employees into Apple Campus 2 in January of 2017
  • The company will now provide paid leave for caring for an ill family member
  • All metals used in the products since early 2015 are either certified as conflict-free or as coming from smelters that are in the process of being certified.
  • Tim Cook sees potential for continued growth and sales of iPhone

Text is below. No video simulcast of the recording was made today.

Text Version

Hi, I’m Steve Sande from Apple World Today, and this is the AWT News Update for February 4, 2016. Our sponsor this week is Winning WordPress, a powerful online resource for everyone who runs a WordPress site or is thinking about it. Check it out on the AWT website today, or click the link found in today’s show notes.

One of the most important jobs for any executive is to be able to communicate goals and news to company employees whether its good or bad. According to sources in touch with 9to5Mac, after last week’s earnings announcement, Apple CEO Tim Cook and Chief Operating Officer Jeff Williams talked to employees at the Infinite Loop headquarters building in Cupertino about the company and its challenges. Cook noted to employees that the number of iPhones sold in the holiday quarter was enough to cover every person in New York, London, Beijing and Shanghai — that’s a whopping 74.8 million units. Cook also told attendees that sales of the Apple Watch exceeded sales of the original iPhone during its first holiday quarter back in 2007. The Cupertino Apple Campus 2, otherwise known as the spaceship campus, is expected to start seeing its first occupants by the end of January 2017, with the new 100,000 square foot auditorium providing flexibility for product rollouts and other events.

Cook also reported that Apple will be providing new benefits to employees. They’ll be granted up to four weeks of paid leave if they need to provide care for an ill family member, and the already generous maternity and paternity benefits that the company implemented in 2014 will be extended to the majority of Apple’s operations outside of the United States.

Jeff Williams apparently touched on a hot topic, noting that the company will soon announced that all of the smelted metals used in its products since early 2015 are either completely conflict-free or coming from smelters that are in the process of being certified as conflict-free.

Cook found time to talk about the company’s dependence on the iPhone for revenues, noting that there are still vast parts of the world that do not have 4G LTE networks in place where Apple can introduce the iPhone once the networks are built out. To counteract rumors of a lower cost iPhone 5se or 6c coming out soon, Cook also said that the company doesn’t need to release a cheaper phone with fewer features in emerging markets, as the company’s research shows that people are willing to spend more money for a better smartphone experience.

I’ll be back tomorrow afternoon with another edition of the AWT News Update.