In an interview with CBS News that was broadcast on Monday morning, Cook went into further detail about what Apple is doing. The CEO of Apple said that the business “continues to hire,” but “not everywhere in the organization.” Cook stated why he thinks in-person cooperation is essential to creativity and teamwork in regards to Apple’s decision to resume in-person work. However, he did point out that Apple staff don’t work five days a week, and that Fridays in particular are “a ghost town” at the workplace. We believe strongly in investing for the long-term. And we don’t believe you can save your way to prosperity. We think you invest your way to it.” In the complete interview on Tuesday, Cook will provide additional commentary, including details on some of the most recent additions to the iPhone 14 lineup. That doesn’t mean we’re going to be here in five days [a week]. We’re not. If you were here on a Friday, it would be a ghost town.” When compared to prior performance, Apple’s method for surviving recessions has been outstanding. Now that it has a greater cash reserve, we anticipate it will stick with this plan for whatever long this slump lasts.
