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Apple Names Art Levinson Chairman, Disney's Bob Iger Joins Board of Directors
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Don't you think before commenting to a topic like this you should know a tad about corporate governance? Your comment makes you seem uninformed.
I assume by "this dude" you mean Tim Cook. OK here's news for you, a corporate executive does appoint board members, the shareholders elect them, or in situations like this where a vacancy must be filled, the BODs can elect a new member to serve out the duration of the term. That is the entire concept behind corporate governance.
The vacancy needed to be filled, and it was filled by someone Jobs respected and is also CEO of one of Apple's best allies, so please explain why I as a shareholder should be "pissed". Make your case as to why Bob Iger is the wrong fit for the Apple Board.
You make it sound as-if Tim Cook is purging Apple, which is not the case. But he is CEO now so I would expect him to put his own fingerprints on the company. Did you expect he'd just hold seances and transmit everything the ghost of Steve Job's wispered to him?
Intuit is NOT "headed for extinction". Quickbooks is an EXCELLENT piece of software used by 85% of small businesses for their accounting, including payroll (I use it myself)..
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Why is that any of your business? A person NEEDS what a person NEEDS or Wants. If Apple doesn't offer it, they will simply move on to another manufacture that will build them a kit that will meets THEIR needs, not yours or anyone elses.
This is one of the major things that is wrong with Apple. One size doesn't fit all yet Apple fanboys just approvingly shake their head in the affirmative. "Oh My, I hope they get rid of the optical drive. Charge everyone the same price and make more money Apple. Woooo Hoooo - Profits!!!!!"
Personally, I think this is what has made Apple so successful (are you arguing Apple is not the most successful computer/CE company in the last decade?). It doesn't try to be everything to everybody -- ultimately pleasing no one. Rather it focuses on "big picture" ideas which the other computer/CE companies that do try to be everything to everyone then try to latch on to.
For those that need customization there are 3rd party options. For example there have been ways to burn BDRs from a Mac for a few years now. You still cannot watch a BD movie, but with burgeoning d/l and streaming video market, optical media if fading fast. Jobs saw that half a decade ago.
And for those that want decision making over every part in their box, Apple has never been in that business.
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Good to hear great news.
This is also why in every Disney Movie Or Show you will see apple products used, sending a message to there watchers. Great advertising with out pushing the subject.
Good to hear great news.
This is also why in every Disney Movie Or Show you will see apple products used, sending a message to there watchers. Great advertising with out pushing the subject.
I've wondered about that.
Certainly any shares owned outright by Steve now belong to Laurene, unless Steve gave them to others in his will. (And while dying really sucks, at least Steve had plenty of warning that he should put his will in order.) If they're voting shares, then Laurene has the voting rights.
I wonder about the options, though. If you leave or are laid off from a company - you have a very short window to cash in any above-water options. (You can also cash in under-water options in the same window, if you want to.)
If Steve had vested options, does the estate have the ability to cash those in?
Legally, the estate controls the voting rights and shares until they are distributed by the executor to the beneficiaries...if they are distributed and not sold to pay taxes or other debts or as required in the will. It could be that she is an executor, but, given the size of the estate I doubt she is the sole executor.
I don't think that killing xServe was intended to signal Apple's permanent departure from that market. I think it was an acknowledgement that even with all its resources and talent, it didn't know what it was doing in the server/enterprise market. Think the board needs to stay out off of the day to day operations and keep their eyes on the future.
I'm still out on the Oracle.