Steve Jobs always had his "one last thing" – the hotly anticipated moment at the end of presentations when he would reveal the latest innovation to Apple's adoring fans.
Showing posts with label Steve Jobs. Show all posts
Showing posts with label Steve Jobs. Show all posts
September 08, 2014
January 23, 2014
Samsung 'infringed' Apple's auto-complete text patent
A US judge has ruled that Samsung infringed Apple's patent-protected word recommendation technology.
December 29, 2013
Apple CEO Tim Cook's 2013 pay steady but sees part of stock award shrink
SAN FRANCISCO: Apple Inc CEO Tim Cook earned roughly the same in 2013 as in 2012, but lost part of his performance-based stock award during a year in which intense competition and margin pressure bludgeoned the iPhone maker's stock.
March 21, 2013
Apple brand less 'inspiring', survey says
Technology giant Apple is perceived as less "inspiring" than it was three years ago, a brand survey suggests.
April 09, 2012
Apple's share price overtakes Google as it is forecast to be first $1tn company
The world's insatiable appetite for all things Apple appears to be reaching new levels. Silicon Valley's hottest company could soon become the world's first trillion-dollar company, according to Wall Street analysts.
February 14, 2012
Apple emerges as top American brand, Wall Street firms the worst: Study
Apple Inc has the best image of any American company, scoring a record high in a new reputation study, while financial institutions filled the ranks of the worst.
October 21, 2011
Steve Jobs, Capitalist Tool
Maybe this is the least important thing that can be said about Steve Jobs right now. But it’s true. He was a good capitalist, and that means he was a good loser.
October 20, 2011
Forbes Leadership Highlights of the Week: The World Loses Steve Jobs
One of the all-time great corporate leaders and innovators died this week, much too soon, and at Forbes Leadership we all paused to reflect on and sum up what Steve Jobs had been and done. Within hours of the news, Carmine Gallo gave us “Steve Jobs: He Saw Genius in Our Craziness,” with terrific video on what you can learn from how the Apple chief did it. I followed with “What Steve Jobs Really Gave Us: Joy.” Scott Davis added “Steve Jobs, Inspired and Inspiring.” John Ellett considered “Steve Jobs’ Legacy for Marketers.” William Duggan asked, “Steve Jobs: Visionary or Opportunist?,” and answered opportunist—but in the best possible way. E. D. Kain took a personal view, with “Remembering Steve Jobs: How Apple Helped Shape My Childhood” and also gathered some of the best writings from beyond Forbes Leadership with “10 Must-Reads and Other Tributes to the Life of Steve Jobs.” The day before Jobs’ death, Carmine Gallo responded to the announcement of the new iPhone by filing “Apple’s Tim Cook Does His Best Steve Jobs.” Now Cook will have to keep doing his best Steve, but none of us will soon be forgetting the great man himself and all he did for us and showed us. I expect we’ll continue to draw what wisdom we can from his example at Forbes Leadership.
October 19, 2011
Apple full-year profits rise 85%
The world's biggest technology company Apple has reported full year results, showing net profit for the year to 25 September at $25.9bn (£16.5bn), up 85% from the previous year.
Even that was not enough to satisfy Wall Street, with the shares falling nearly 5% in after-hours trading.
There was some disappointment with the fourth quarter of the year, when no major new products were released.
Even that was not enough to satisfy Wall Street, with the shares falling nearly 5% in after-hours trading.
There was some disappointment with the fourth quarter of the year, when no major new products were released.
October 11, 2011
Steve Jobs 'died of respiratory arrest'
Apple co-founder Steve Jobs died of respiratory arrest linked to the spread of his pancreatic cancer, his death certificate has revealed.
The certificate, filed in Santa Clara County, California listed his occupation as "high-tech entrepreneur".
The Apple co-founder died on 5 October at the age of 56 at his home in Palo Alto.
The certificate, filed in Santa Clara County, California listed his occupation as "high-tech entrepreneur".
The Apple co-founder died on 5 October at the age of 56 at his home in Palo Alto.
October 07, 2011
Wayne Says Co-Founding Apple Like ‘Having a Tiger by the Tail’
Oct. 7 (Bloomberg) -- Ron Wayne, who sold his stake in Apple Inc. two weeks after founding it with Steve Jobs and Steve Wozniak in 1976, said he knew the company would be a rollercoaster and also very successful.
“They were absolute whirlwinds aside from the fact they were intellectual giants, which I recognized, and it was like having a tiger by the tail; you can’t hang on and you can’t let go,” said Wayne, 77, in an interview with Bloomberg Television. “If I’d stayed with them, I was going to wind up the richest man in the cemetery, so I figured it was best for me to go off and do other things.”
“They were absolute whirlwinds aside from the fact they were intellectual giants, which I recognized, and it was like having a tiger by the tail; you can’t hang on and you can’t let go,” said Wayne, 77, in an interview with Bloomberg Television. “If I’d stayed with them, I was going to wind up the richest man in the cemetery, so I figured it was best for me to go off and do other things.”
August 25, 2011
Steve Jobs quits as Apple chief
Apple co-founder Steve Jobs has resigned as chief executive of the technology giant and will be replaced by chief operating officer Tim Cook.
Mr Jobs, who underwent a liver transplant following pancreatic cancer, said he could no longer meet his chief executive's duties and expectations.
The Silicon Valley legend will become chairman of the firm.
Mr Jobs, who underwent a liver transplant following pancreatic cancer, said he could no longer meet his chief executive's duties and expectations.
The Silicon Valley legend will become chairman of the firm.
June 26, 2011
Apple removes 'offensive' Intifada application
Computer firm Apple has removed an Arabic-language application from its App Store called ThirdIntifada, after Israel said it incited violence.
"We removed this app from the App Store because it violates the developer guidelines by being offensive to large groups of people," Apple said.
"We removed this app from the App Store because it violates the developer guidelines by being offensive to large groups of people," Apple said.
June 06, 2011
Apple boss Steve Jobs shows off iCloud service
Apple has unveiled its much-anticipated iCloud service at its annual developers' conference.
Apple boss Steve Jobs returned from medical leave to show off the features of the web-based service.
He said iCloud was necessary because the PC was no longer the digital hub of users' digital lives.
The web-based service aims to synchronise and co-ordinate the key content people store and share across their devices
Apple boss Steve Jobs returned from medical leave to show off the features of the web-based service.
He said iCloud was necessary because the PC was no longer the digital hub of users' digital lives.
The web-based service aims to synchronise and co-ordinate the key content people store and share across their devices
March 02, 2011
iPad 2 tablet launched by Apple's Steve Jobs
Apple has launched the second generation of its iPad tablet computer at an event in San Francisco.
The company said the machine featured a faster processor, improved graphics, and front and rear cameras.
Apple leads the industry in sales of tablet devices, but has recently begun to lose share to rivals such as HP and Samsung.
The company said the machine featured a faster processor, improved graphics, and front and rear cameras.
Apple leads the industry in sales of tablet devices, but has recently begun to lose share to rivals such as HP and Samsung.
February 24, 2011
Apple beats off move to reveal Jobs succession details
Apple has beaten off efforts to reveal succession plans for the time when Steve Jobs is no longer in charge of the company.
The proposal was made by the Central Laborers' Fund during the company's annual shareholder meeting.
Steve Jobs, who is on his third medical leave of absence, did not attend the event at Apple's headquarters in California.
The proposal was made by the Central Laborers' Fund during the company's annual shareholder meeting.
Steve Jobs, who is on his third medical leave of absence, did not attend the event at Apple's headquarters in California.
January 21, 2011
Let us see Apple innovate a succession for Steve Jobs
Few multinational companies have as much vested in one person as Apple has in the company's chief executive, Steve Jobs.
Mr Jobs, who announced this week that he was taking another leave of absence from Apple for health reasons, does not just epitomise the brand, being the face of the company at public events, he is also seen as the source of the company's strategic genius and legendary product innovation.
Not many other chief executives fall into that category, with Virgin's Sir Richard Branson being one of the notable exceptions. Bill Gates used to embody Microsoft's reputation in the way that Steve Jobs still does Apple's, but he has long since stepped away from the day-to-day running of the business. Even when Jack Welch was at the helm of General Electric, where his management style became a template for corporations around the world, there was no feeling that if he sneezed, the rest of his company would catch a cold.
Certainly, it has been Mr Jobs's famously hands-on reputation at the company that he co-founded back in 1976 that has led to Apple's remarkable transformation over the last decade, the launch of ground-breaking products such as the iMac, iPod, iPhone and iPad, and its position today as the world's largest technology company by market capitalisation. Which is presumably why the company seems reluctant to accept the fact that having its future so tied up in the future of its founder is also one of its greatest weaknesses.
Despite the fact that Jobs has taken time off from the company twice before since he was first treated for pancreatic cancer in 2004, Apple still encourages the perception that its public reputation relies on him being at the helm. This has stoked even greater fears that, rather than learning from its chief executive's previous bouts of ill health, the company has yet to get a grip on its succession strategy.
This perception was only strengthened when, in an e-mail to employees released on Monday, Mr Jobs said that while he was handing over day-to-day operations to the chief operating officer, Tim Cook, he would continue as chief executive and still "be involved in major strategic decisions at the company".
The perception was also strengthened by news from an Apple representative that the company was not going to release any more details about the health of Mr Jobs, although lack of information on this front has given investors cause for concern for the past seven years.
Speculation about his health in the months leading up to January 2009, when Mr Jobs last took a medical leave of absence from the company for what turned out to be a liver transplant, caused Apple's stock to drop, although it recovered by the time he returned to work in June 2009.
This time, the level of uncertainty is even greater. In his e-mail to employees, Mr Jobs gave no particular medical reason for his leave of absence or indication of when he would return. In January 2009, he wrote in a note to employees that although it would take him until late that spring to recover, he would be back at work in the summer. In his short written statement on Monday, he said only that he hoped to return to work as soon as he could.
This uncertainty, along with its potential to damage the company, is already being felt. Although US markets were closed for the Martin Luther King holiday on Monday, Apple shares fell 6.2 per cent in Frankfurt to close at €244.05, US stock futures also dropped before recovering on Tuesday.
It seems time for Apple to give Mr Cook responsibility for the day-to-day running of the company on a permanent basis. Mr Jobs has every right to keep his medical condition private, just as he and all his fans around the world are right to focus on his recovery. However, his company needs to accept the consequences, which is that it must prove once and for all that it can exist without him.
Source: http://www.thenational.ae
Mr Jobs, who announced this week that he was taking another leave of absence from Apple for health reasons, does not just epitomise the brand, being the face of the company at public events, he is also seen as the source of the company's strategic genius and legendary product innovation.
Not many other chief executives fall into that category, with Virgin's Sir Richard Branson being one of the notable exceptions. Bill Gates used to embody Microsoft's reputation in the way that Steve Jobs still does Apple's, but he has long since stepped away from the day-to-day running of the business. Even when Jack Welch was at the helm of General Electric, where his management style became a template for corporations around the world, there was no feeling that if he sneezed, the rest of his company would catch a cold.
Certainly, it has been Mr Jobs's famously hands-on reputation at the company that he co-founded back in 1976 that has led to Apple's remarkable transformation over the last decade, the launch of ground-breaking products such as the iMac, iPod, iPhone and iPad, and its position today as the world's largest technology company by market capitalisation. Which is presumably why the company seems reluctant to accept the fact that having its future so tied up in the future of its founder is also one of its greatest weaknesses.
Despite the fact that Jobs has taken time off from the company twice before since he was first treated for pancreatic cancer in 2004, Apple still encourages the perception that its public reputation relies on him being at the helm. This has stoked even greater fears that, rather than learning from its chief executive's previous bouts of ill health, the company has yet to get a grip on its succession strategy.
This perception was only strengthened when, in an e-mail to employees released on Monday, Mr Jobs said that while he was handing over day-to-day operations to the chief operating officer, Tim Cook, he would continue as chief executive and still "be involved in major strategic decisions at the company".
The perception was also strengthened by news from an Apple representative that the company was not going to release any more details about the health of Mr Jobs, although lack of information on this front has given investors cause for concern for the past seven years.
Speculation about his health in the months leading up to January 2009, when Mr Jobs last took a medical leave of absence from the company for what turned out to be a liver transplant, caused Apple's stock to drop, although it recovered by the time he returned to work in June 2009.
This time, the level of uncertainty is even greater. In his e-mail to employees, Mr Jobs gave no particular medical reason for his leave of absence or indication of when he would return. In January 2009, he wrote in a note to employees that although it would take him until late that spring to recover, he would be back at work in the summer. In his short written statement on Monday, he said only that he hoped to return to work as soon as he could.
This uncertainty, along with its potential to damage the company, is already being felt. Although US markets were closed for the Martin Luther King holiday on Monday, Apple shares fell 6.2 per cent in Frankfurt to close at €244.05, US stock futures also dropped before recovering on Tuesday.
It seems time for Apple to give Mr Cook responsibility for the day-to-day running of the company on a permanent basis. Mr Jobs has every right to keep his medical condition private, just as he and all his fans around the world are right to focus on his recovery. However, his company needs to accept the consequences, which is that it must prove once and for all that it can exist without him.
Source: http://www.thenational.ae
January 19, 2011
Apple shares rise as analysts tip price to top $425
Apple received a big vote of confidence as analysts raised their price target for the company's shares a day after it unveiled record profits and revenues.
Putting aside worries about Apple boss Steve Jobs' health, six brokerages tipped shares in the world's largest technology firm to hit at least $425.
On Wall Street Apple shares were 2% up at $347.44, reversing a fall that followed news about Mr Jobs' health.
Apple's co-founder said on Monday that he was taking indefinite medical leave.
The brokerages, including Goldman Sachs, JP Morgan, and Bank of America Merrill Lynch, issued a new share price target for Apple of between $425 and $465.
"While the news of Steve Jobs' medical leave may continue to add some headwinds to the share price momentum in the near term, we continue to believe improving underlying fundamentals and the strength of Apple's overall management team will counter this uncertainty," said Goldman analyst Bill Shoppe.
Record
On Tuesday, Apple announced record first quarter profits of $6bn (£3.7bn) and record revenues of $26.74bn after sales of Macs, iPhones and iPads surpassed analysts' forecasts.
Apple's first-quarter profit, for the three months to 25 December, was a 71% jump on the same period last year.
Analysts said that a strong product line-up and a planned tie-up with Verizon Communications, the leading US wireless operator, should ensure that sales continue to grow.
Apple reported gross margins of 38.5%, but JP Morgan analyst Mark Moskowitz said he expects margins to reach about 40%.
Source: http://www.bbc.co.uk
Putting aside worries about Apple boss Steve Jobs' health, six brokerages tipped shares in the world's largest technology firm to hit at least $425.
On Wall Street Apple shares were 2% up at $347.44, reversing a fall that followed news about Mr Jobs' health.
Apple's co-founder said on Monday that he was taking indefinite medical leave.
The brokerages, including Goldman Sachs, JP Morgan, and Bank of America Merrill Lynch, issued a new share price target for Apple of between $425 and $465.
"While the news of Steve Jobs' medical leave may continue to add some headwinds to the share price momentum in the near term, we continue to believe improving underlying fundamentals and the strength of Apple's overall management team will counter this uncertainty," said Goldman analyst Bill Shoppe.
Record
On Tuesday, Apple announced record first quarter profits of $6bn (£3.7bn) and record revenues of $26.74bn after sales of Macs, iPhones and iPads surpassed analysts' forecasts.
Apple's first-quarter profit, for the three months to 25 December, was a 71% jump on the same period last year.
Analysts said that a strong product line-up and a planned tie-up with Verizon Communications, the leading US wireless operator, should ensure that sales continue to grow.
Apple reported gross margins of 38.5%, but JP Morgan analyst Mark Moskowitz said he expects margins to reach about 40%.
Source: http://www.bbc.co.uk
January 17, 2011
Apple boss Steve Jobs takes 'medical leave'
Apple boss Steve Jobs has announced that he is to take "medical leave" from the company.
In an e-mail to employees he said he was taking the break to focus on his health.
He said he would continue as chief executive of Apple and be involved in any major decisions. Day-to-day running of the company will pass to Tim Cook.
In late 2008 to mid-2009 Mr Jobs was absent from Apple for six months to have a liver transplant.
It was part of the series of treatments he has undergone for pancreatic cancer. He was first diagnosed as suffering from the cancer in 2004 and underwent surgery later that year to remove a tumour from his pancreas.
In his e-mail Mr Jobs said he would be back at work as soon as he can.
"At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company," he said in an e-mail.
"I have asked Tim Cook to be responsible for all of Apple's day to day operations."
Mr Cook is currently the firm's chief operating officer. He has run the company day-to-day before now during previous times when Mr Jobs has been dealing with his health problems.
The announcement was made on a public holiday in the US when there is no trading in company stocks and shares.
However, Apple shares closed down 6.4% on the Frankfurt stock exchange. Year-on-year, they areup 79% and over 24 months up 328%.
The news comes ahead of Apple's first quarter results, due on 18 January.
Mr Jobs is an iconic presence at Apple and is widely credited as the architect of its current run of success based around products such as the iPad and iPhone.
The absence comes as Apple is rumoured to be preparing to launch the second version of its iPad - the successor to the tablet computer it launched in 2010.
Source: http://www.bbc.co.uk
In an e-mail to employees he said he was taking the break to focus on his health.
He said he would continue as chief executive of Apple and be involved in any major decisions. Day-to-day running of the company will pass to Tim Cook.
In late 2008 to mid-2009 Mr Jobs was absent from Apple for six months to have a liver transplant.
It was part of the series of treatments he has undergone for pancreatic cancer. He was first diagnosed as suffering from the cancer in 2004 and underwent surgery later that year to remove a tumour from his pancreas.
In his e-mail Mr Jobs said he would be back at work as soon as he can.
"At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company," he said in an e-mail.
"I have asked Tim Cook to be responsible for all of Apple's day to day operations."
Mr Cook is currently the firm's chief operating officer. He has run the company day-to-day before now during previous times when Mr Jobs has been dealing with his health problems.
The announcement was made on a public holiday in the US when there is no trading in company stocks and shares.
However, Apple shares closed down 6.4% on the Frankfurt stock exchange. Year-on-year, they areup 79% and over 24 months up 328%.
The news comes ahead of Apple's first quarter results, due on 18 January.
Mr Jobs is an iconic presence at Apple and is widely credited as the architect of its current run of success based around products such as the iPad and iPhone.
The absence comes as Apple is rumoured to be preparing to launch the second version of its iPad - the successor to the tablet computer it launched in 2010.
Source: http://www.bbc.co.uk
January 09, 2011
Apple boss Steve Jobs takes home just $1 salary in '10
NEW YORK: He runs the world's most-valued technology company but when it comes to pay, Apple's iconic chief Steve Jobs has been taking home a salary of just USD 1 at least for the past three years.
Jobs, who rejoined Apple in 1997, is the brain behind many best-selling gadgets such as iPhone, iPad and iPods.
Interestingly, his compensation comes as a sharp contrast to many CEOs worldwide, who get huge pay packets -- an issue which was also blamed for the financial meltdown in 2008-09.
"Jobs' total compensation consists of a salary of USD 1 per year. Jobs has not received an equity award since 2003," Apple said in a regulatory filing.
He received the same salary in 2009 and 2008. In addition to the base salary of USD 1 in 2010, Jobs also received USD 248,000 as part of reimbursement related to the use of his private plane for business purposes. The company in 2001 had entered into an agreement with Jobs for this annual reimbursement.
One of the co-founders of Apple, 56-year-old Jobs also owns about 5.5 million of the company's common stock, "which significantly aligns his interests with the shareholders' interests," the filing said.
Apple is considered as the most-valued company in terms of market capitalisation. The company, listed on the Nasdaq, had a market value of over USD 308 billion on January 7, 2011.
The figures are for the fiscal year that ended in September 2010. Apple's fiscal year ends on the last Saturday of September.
Meanwhile, the firm's Chief Operating Officer (COO) Timothy Cook -- widely considered as the successor to Jobs -- received a compensation of USD 59 million. This includes a bonus of USD 5 million and stock awards worth USD 52.3 million.
In the last fiscal year, Apple raked in a profit of USD 14 billion on revenues of USD 65.2 billion.
Source: http://economictimes.indiatimes.com
Jobs, who rejoined Apple in 1997, is the brain behind many best-selling gadgets such as iPhone, iPad and iPods.
Interestingly, his compensation comes as a sharp contrast to many CEOs worldwide, who get huge pay packets -- an issue which was also blamed for the financial meltdown in 2008-09.
"Jobs' total compensation consists of a salary of USD 1 per year. Jobs has not received an equity award since 2003," Apple said in a regulatory filing.
He received the same salary in 2009 and 2008. In addition to the base salary of USD 1 in 2010, Jobs also received USD 248,000 as part of reimbursement related to the use of his private plane for business purposes. The company in 2001 had entered into an agreement with Jobs for this annual reimbursement.
One of the co-founders of Apple, 56-year-old Jobs also owns about 5.5 million of the company's common stock, "which significantly aligns his interests with the shareholders' interests," the filing said.
Apple is considered as the most-valued company in terms of market capitalisation. The company, listed on the Nasdaq, had a market value of over USD 308 billion on January 7, 2011.
The figures are for the fiscal year that ended in September 2010. Apple's fiscal year ends on the last Saturday of September.
Meanwhile, the firm's Chief Operating Officer (COO) Timothy Cook -- widely considered as the successor to Jobs -- received a compensation of USD 59 million. This includes a bonus of USD 5 million and stock awards worth USD 52.3 million.
In the last fiscal year, Apple raked in a profit of USD 14 billion on revenues of USD 65.2 billion.
Source: http://economictimes.indiatimes.com
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