Apple’s Design Team Will Now Report to Tim Cook — And a $490M Payout Is Still in Play

Court: N.D. California

Case: 4:19-cv-02033

Apple AAPL is undergoing one of its biggest internal design shifts in years. Later this year, the company’s design team will report directly to CEO Tim Cook after the retirement of COO Jeff Williams. The move comes as Apple prepares to roll out Liquid Glass, its most ambitious cross-platform design language yet.

Liquid Glass promises a fluid interface that responds to content in real time, with shimmering transparency and context-aware visual effects inspired by Apple Vision Pro. According to VP Alan Dye, it’s “the broadest software design update ever,” set to transform user experience across iPhone, iPad, Mac, and potentially future hardware like smart glasses and foldables.

AAPL

While the spotlight is on design evolution and Cook’s expanded role, long-term shareholders may have overlooked a significant development — Apple’s $490 million settlement tied to past iPhone sales disclosures in China.

• Nov 1, 2018: Tim Cook says China isn’t seeing sales pressure.
• Jan 2, 2019: Apple slashes revenue forecast by $9B due to weak demand in China.
• Jan 3, 2019: AAPL falls 10% following the announcement.
• Apr 16, 2019: Investors sue Apple over misleading projections about Chinese sales.

• Apple agreed to a $490M settlement earlier this year.
• If you held AAPL during the affected period, you may still qualify.
• Late claims are currently being accepted.
• Payouts usually take 8–12 months after court approval.

You can check more information about it and file for a payout HERE.

Are you following Apple’s next design era? Or reviewing your eligibility for a payout while AAPL continues to reinvent itself?