Is Apple Looking For A Replacement For CEO Cook?
Contributed by: Email on 04/22/2013 08:30 AM [ Comments ]
Today we have Forbes saying that Apple may be looking to replace Tim Cook. We know that their stock is down but Steve Jobs couldnt even have been prepared for the onslaught of Android devices and lawsuit failures plus Wall Street still remains positive about Apple stock because they have a huge cash pile laying around at over 137 billion and the current yield is at 2.47%. That will buy a lot of R&D.
The iPhone 6 and iPad 5 will be coming and people will buy those up as they always have but the question remains can they come back and get on top of Android? We say .maybe. The Android versus iOS war is one we have seen our entire techie lives. AMD versus Intel and nVidia versus AMD comes to mind immediately.
One thing we admit that we miss is Apples product launch. You wait, you speculate, the hype builds and along comes Steve Jobs who you enjoy listening to and automatically believe in. Samsung and Google dont have anything like that and I almost dare say no one does. I wasnt even a Steve Jobs fan but you had to admit, they could launch a product and sell it like no one else.
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