CIO Today

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
Daily Briefing for Technology's Top Decision-Makers
Eliminate costly downtime!
Find out how with Free White Paper
& enter to win a Samsung Galaxy Note

www.apc.com
Saturday, April 19th 
24/7/365 Network Uptime!
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Trending Topics:   Security Heartbleed Big Data Cloud Computing Windows XP Data Centers OS X Mavericks
Home
Enterprise Software
Enterprise Hardware
Big Data
Network Security
Cloud Computing
CRM Systems
Data Storage
Operating Systems
Communications
CIO Issues
Mobile Tech
Chips & Processors
World Wide Web
Business Briefing
After Hours
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

After Hours

Meet Apple's Tim Cook for Coffee, Just $190,000 -- or More

Meet Apple
April 25, 2013 2:59PM

Bookmark and Share
"People must really be upset with Tim [Cook] that they are willing to spend that much money to give him a piece of their mind," joked analyst Rob Enderle. "But seriously, he is still running a very iconic company. Celebrities do things like this every once in awhile and CEOs in the Valley have done this on and off. It's great for charity and it doesn't cost Apple any money."

APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.

Despite all the talk of replacing Apple CEO Tim Cook over the past few days, it nevertheless appears many find his time uber-valuable. A coffee date with the tech exec will cost someone $190,000 (or more) -- all in the name of charity.

An online auction site called Charitybuzz is inviting Apple fans -- or anyone else with a taste for coffee and an interest in chatting with Cook -- a chance to bid on the coffee date. Cook will sit down with the winner for a full hour, and Apple is providing the coffee.

Price Is Right

As of the time of his writing, the bid is $190,000 for "Coffee with Apple CEO Time Cook at Apple Headquarters in Cupertino, California." On Thursday afternoon there were 54 bids. The bidding started at $5,000. The estimated value of the Cook coffee date? $50,000, according to Charitybuzz.

Auction proceeds will go to The RFK Center for Justice and Human Rights. There are 19 days left to bid. When you read the fine print, you find out the actual coffee date will last between 30 minutes and an hour. The winner cannot resell or re-auction the coffee date, and the deal expires one year after the close of the auction.

The winner doesn't get to pick just any date and time. The terms state that it must be "scheduled at a mutually agreed upon date." Travel and accommodations are not included, but anyone willing to spend $200,000 or more for a coffee date probably isn't worried about travel expenses. The winner also has to undergo a security screening.

"We expect all winning bidders and their guests to conduct themselves appropriately when attending an experience won at Charitybuzz," the terms read. "Polite manners and respect for the generous donor and adherence to any rules or parameters are a must."

Will Cook Leave Apple?

"People must really be upset with Tim that they are willing to spend that much money to give him a piece of their mind," joked Rob Enderle, principal analyst at the Enderle Group. "But seriously, he is still running a very iconic company. Celebrities do things like this every once in awhile and CEOs in the Valley have done this on and off. It's great for charity and it doesn't cost Apple any money."

With regard to Enderle's quip about some folks being upset with Cook, the board may be looking to replace him. Enderle is one who believes Cook plans an exit soon. That, he said, is because Cook has pumped up the stock price, which will only hold for a short time. If the winner doesn't collect his or her coffee date soon, then, he may be chatting with Apple's former CEO.

"Cook didn't do much to address any of the problems Apple has. With what he's done with the current programs, Apple will be much weaker than it was when it started. But the stock price should be higher, and clearly, he holds a lot of stock," Enderle told us. "It's typically when a CEO leaves they are expected to divest themselves of their stock. The stock has lost so much value in the last couple of months, I'm sure the board is looking for a change."

To bid or check the latest bidding price for coffee with Tim Cook, see Charitybuzz.

Tell Us What You Think
Comment:

Name:

Jayne:

Posted: 2013-05-06 @ 10:37am PT
Wow, I hope Apple will come up with greater ideas more in the upcoming future.

Sue:

Posted: 2013-04-27 @ 9:59pm PT
Wow... as of Saturday night (4/27), there have been 85 bids and the bidding price has reached $605,000!! It will be interesting to see where it ends up.



 After Hours
1. Zynga Launches Mobile FarmVille
2. Study: Samsung Phone vs. iPhone
3. Criterion Extends Hulu Streaming Deal
4. Review: Galaxy S5 Features Useful
5. French IT Staff Get Right To Unplug




 Most Popular Articles
1. BlackBerry Drops T-Mobile After Nasty Spat
2. Cisco, IBM Launch Internet of Things Consortium
3. Salesforce CRM Gets Industry Specific for Internet of Customers
4. IBM Applies Big Data Analytics To Fight Against Fraud
5. Intel Bets on Cloudera for Big Data Analytics

Have an informed opinion on this story?
Send a Letter to the Editor.
We want to know what you think.
Send us your Feedback.

 Related Topics  Latest News & Special Reports

  Poll: A Mix of Feelings on Future Tech
  Google, Rockstar Suit Stays in Calif.
  Michaels: Nearly 3M Cards Breached
  'Like' Cheerios, Give Up Right To Sue
  Heartbleed Could Cost Millions

 Technology Marketplace

Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
BMC's I.T. solutions unleash the power of your business
Next Generation Data Center Is Here! Vblock™ Systems from VCE
 
Contact Centers
HP delivers the future of the contact center with HP Qfiniti 10.
 
Data Storage
Next Generation Data Center Is Here! Vblock™ Systems from VCE
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise Hardware
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise I.T.
BMC's I.T. solutions unleash the power of your business
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
Michaels Says Nearly 3M Credit, Debit Cards Breached
Arts and crafts retail giant Michaels Stores has confirmed that a data breach at its POS terminals from May 2013 to Jan. 2014 may have exposed nearly 3 million customer credit and debit cards.
 
Heartbleed Could Cost Millions, Could Have Been Prevented
Early estimates of Heartbleed’s cost to enterprises are running in the millions. The reason: revoking all the SSL certificates the bug leaked will come at a very hefty price.
 
Google's Street View Software Unravels CAPTCHAs
The latest software Google uses for its Street View cars to read street numbers in images for Google Maps works so well that it also solves CAPTCHAs, those puzzles designed to defeat bots.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Google Releases Chrome Remote Desktop App for Android
You're out on a sales call, and use your Android mobile device to grab a file you have back at the office on your desktop. That's a bit easier now with Google's Chrome Remote Desktop app for Android.
 
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 billion, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 

Navigation
CIO Today
Home/Top News | Enterprise Software | Enterprise Hardware | Big Data | Network Security | Cloud Computing | CRM Systems
Data Storage | Operating Systems | Communications | CIO Issues | Mobile Tech | Chips & Processors | World Wide Web
Business Briefing | After Hours | Press Releases
Also visit these Enterprise Technology Sites
Top Tech News | CIO Today | Mobile Tech Today | Data Storage Today

Services:
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About CIO Today Network | How To Contact Us | Article Reprints | Services for PR Pros (In partnership with NewsFactor) | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 CIO Today. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.