Money and Finance
Tim Cook's Freshman Year: The Apple CEO Speaks
Prior to his death on Oct. 5, 2011, Steve Jobs made sure that the elevation of Tim Cook—his longtime head of operations and trusted deputy—to Apple chief executive officer would be drama-free. “He goes, ‘I never want you to ask what I would have done,’” recalls Cook. “‘Just do what’s right.’ He was very clear.” In Cook’s first 16 months on the job, Apple has released next-generation iPhones and iPads and seen its stock price rise 43 percent. Though it hasn’t yet expanded into new product categories (still no Apple TV set), the company has changed in significant ways, largely because of Cook’s calm and steady influence. In his most wide-ranging interview as CEO, Cook explains how Apple works now, talks about the perception that he’s “robotic,” and announces the return of Apple manufacturing to the U.S.
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Links
Eddie Lampert video excerpts from the Sears Holdings Annual Meeting (LINK) Buffett’s Berkshire Discloses $528.7 Million Verizon Bet (LINK) The Verizon investment was probably taken by one of his backup stock pickers, Todd Combs or Ted Weschler, based...
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Tim Cook’s Improbable Victory In Washington – By Felix Salmon
Great summary of how Apple’s tax set-up works. Link to: Tim Cook’s improbable victory in Washington
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How Tim Cook Is Changing Apple
Steve Jobs' successor is making his mark and trying to keep the Apple magic going. In February of this year, a group of investors visited Apple as part of a "bus tour" led by a research analyst for Citibank. The session started with a 45-minute presentation...
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Robert X. Cringely On His 'lost Interview' With Steve Jobs
Found via The Big Picture. It’s a little absurd to interview someone about an interview. But back in 1995, Robert X. Cringely landed a hell of an interview with a hell of a subject, at what was — in retrospect — a hell of a moment. Steve Jobs was...
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Wsj: Disney, Walton, Ford, Gates: Tales Of When Legends Leave
The founder of a successful corporation steps down. Then what? At Ford Motor Co. and Walt Disney Co., long periods of stagnation or decline, followed by renewal. At Wal-Mart Stores Inc., continued success for a time, then new challenges. Now it is Apple...
Money and Finance