Apple CEO Tim Cook Meets With Ruler of Dubai – His Highness Shaikh Mohammed
Khaleej Times is reporting that Apple CEO Tim Cook met with the Vice-President and Prime Minister of the UAE and Ruler of Dubai – His Highness Shaikh Mohammed bin Rashid Al Maktoum on Sunday.
According to the report, the two men discussed a wide range of issues regarding the future of the IT sector and the sector’s role in developing and advancing education.
According to the report:
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Shaikh Mohammed hailed Apple’s role in developing technology and IT-based education worldwide.
Cook credited the UAE as one of the leading role models in application of e-government and it is on track to introduce smart government under the patronage and directives of Shaikh Mohammed, whom he praised as a visionary leader who holds constructive breakthrough initiatives especially in education and IT in order to position the UAE government in general and Dubai government in particular among the firsts using technology in management and services.
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This high profile meeting suggests Apple is seriously looking at other markets to grow its business. Wall Street punished the company after they announced less than favorable guidance for 2Q14 last Monday. Apple forecasts between $42 billion and $44 billion in revenue in the next quarter, well below analysts’ expectations of about $46 billion.
Image Credit: Khaleej Times