Apple facing executive exodus?

Posted on June 21, 2011 by Chris Morris

Executives shuffle in and out of companies all the time, so a couple moves in and of themselves don’t necessarily have an underlying meaning. But Apple appears to be losing a number of its top dogs.

John Herbold, a senior product manager on Apple’s recently announced iCloud service, has left the company, according to his LinkedIn page. His departure follows that of Apple Store creator Ron Johnson (who moved to J.C. Penney earlier this month) and OS X creator and Steve Jobs confidante Bertrand Serlet, who left in March.

Steve Jobs re-elected to Disney board

Posted on March 23, 2011 by Chris Morris

Steve Jobs will remain on the board at Disney.

Investors voted Wednesday to re-elect the CEO of Apple (and one-time owner of Pixar), despite proxy advisors who lobbied against the action, citing continuing concerns about Jobs’ overall health.

Apple unveils iPad 2

Posted on March 2, 2011 by Chris Morris

Nothing was going to keep Steve Jobs away from the introduction of the iPad 2 – not even his health.

The CEO of Apple, who has been on a medical leave of absence from the company since late January, surprised attendees at the tablet computer’s unveiling in San Francisco Wednesday, taking the wraps off of a redesigned version of its popular gadget, which will hit stores next Friday, March 11.

Investors shaken by Steve Jobs medical leave

Posted on January 18, 2011 by Chris Morris

Following the disclosure on Monday that Apple CEO Steve Jobs will be taking his third medical leave in six years, Apple shares fell 4% in early trading on Tuesday, or $14 to $334.35.

Since the markets were closed on Monday due to the holiday, this is the first glimpse at how U.S. investors are reacting to the news. Some analysts late on Monday had predicted shares could fall by 10% in early trading. Apple is expected to release its quarterly earnings after the market closes on Tuesday.

Steve Jobs takes new medical leave, keeps CEO title

Posted on January 17, 2011 by Chris Morris

Apple CEO Steve Jobs is taking a medical leave of absence from the company to focus on his health, the company announced Monday.

Jobs will continue as the company’s CEO and said he would continue to be involved in major strategic decisions for the company – but chief operating officer Tim Cook will be responsible for day-to-day operations at Apple.

Chris Morris: Journalist

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