John Paczkowski in News on February 4, 2011 at 4:00 am PT
Apple doesn’t want to divulge its executive succession plan, but it may soon have to. With CEO Steve Jobs on indefinite medical leave for an undisclosed condition and the company’s annual meeting scheduled for Feb. 23, support is growing for a shareholder proposal that would require Apple to explain what it plans to do should Jobs step down.
John Paczkowski in Mobile on January 20, 2011 at 3:00 am PT
Evidently a 78 percent net income increase in Apple’s fiscal first quarter was all it took for the market to put aside concerns about CEO Steve Jobs’s indefinite medical leave. Analysts following the company issued a fusillade of bullish notes celebrating the company’s leviathan quarter and raising their guidance for the year ahead. The most bullish target price of all: $550.
Ina Fried in Mobile on January 17, 2011 at 10:21 am PT
With Steve Jobs taking another medical leave from Apple, expect all manner of predictions on what this means for the company’s products. While his leave is unlikely to derail the next iPad or iPhone, it’s a mistake to underestimate the role that Jobs plays at Apple.
John Paczkowski in News on January 17, 2011 at 7:10 am PT
The knee-jerk reaction to news of Steve Jobs’s medical leave of absence from Apple was as expected, though somewhat muted by the Martin Luther King Jr. holiday in the States. U.S. markets are closed today, so Apple’s share price here remains at $348.48, its Friday close. But it’s already taking a beating abroad. As I write this, Apple’s stock is down nearly 8 percent in Frankfurt trading.
John Paczkowski in News on August 17, 2009 at 4:01 pm PT
It has happened every September since 2005, and in a few short weeks it will happen once again. Apple is indeed planning a keynote event for the week of Sept. 7. And according to sources close to the company, the date is Wednesday, Sept. 9. Sadly, it will not feature the tablet device the company is rumored to be developing.
John Paczkowski in News on June 29, 2009 at 10:17 am PT
Apple CEO Steve Jobs has officially returned to work after a six-month medical leave. “Steve Jobs is back to work,” Apple spokesman Steve Dowling told Digital Daily, confirming what many in Silicon Valley began to suspect last week after Jobs popped up in a company press release.
John Paczkowski in News on June 29, 2009 at 10:17 am PT
Apple CEO Steve Jobs has officially returned to work after a six-month medical leave. “Steve Jobs is back to work,” Apple spokesman Steve Dowling told Digital Daily, confirming what many in Silicon Valley began to suspect last week after Jobs popped up in a company press release.
