Tim Cook And Other Apple Executives Tour The Big Apple

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Apple stores in New York City were visited by prominent personalities from the company such as CEO Tim Cook, retail head Angela Ahrendts, VP Greg (Joz) Joswiak and software chief Eddy Cue following the unveiling event last week. Senior executives are stopping by various stores in the city before the iPhone 7 phones arrives on shelves.

 

Promoting the iPhone 7?

This is the second time Ahrendts and other executives visited the recently opened store in the World Trade Center. Ahrendts was also present during the inauguration of the store last month. In a tweet, Ahrendts posted a picture and acknowledged the excitement leading up to the launch of the iPhone 7.

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Also Cook visited a public school named The Crown in Brooklyn, where he discussed the usage of iPads.

He remarked in a tweet, “Inspiring to see how teachers use iPad to make a big difference for students.”

Apple execs, including Cook, have long been visiting schools that teach with the help of iPads and other Apple technology. During her visit to India earlier this year, Social Initiatives VP Lisa Jackson visited The Barefoot College, says Mac Rumors.

Cook also visited The Wall Street Journal offices in New York City, though it is not known whether it was a casual visit or if he was there for an interview or meeting. Cook seemed to be in his element, sharing light moments with the writers who were present in the office. Seeing a large number of PCs on the tables, Cook could not hold himself back from commenting that they should be replaced by Macs, says MacRumors.

Apple gains on Samsung’s woes

On Tuesday, Apple added $14 billion to its market cap amid Samsung devices failing miserably and a broad market selloff not affecting it. Samsung’s latest flagship, the Galaxy Note 7, has some problems, and investors believe this will work in Apple’s favor.

The Dow Jones Industrial Average declined 258.32 points, and Apple was a rare winner that day. The Cupertino-based firm was among the 16 companies of all the S&P 500 companies that saw value added to their market caps. Apple shares have gained $27 billion in market value since Friday when Samsung’s woes associated with exploding devices worsened.

On Tuesday, Apple shares closed up 2.55% at $108.13. Year to date, the stock is up almost 1%, while in the last year, it is down more than 5%. The stock has a 52-week high of $132.82 and a 52-week low of $89.47.