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Post by spoonman on Oct 29, 2012 14:43:49 GMT -8
Would've been interesting to gauge WS reaction. It'll be very tough to do given the current environment. My bet is WS sees it as a plus, much the way I do. I echo this. It is aplus. Give Apple's golden boy (Ive) more responsibility and give him the ability to change up the design and get rid of Forstall who has really been off. He gets tons of credit for the iphone and the grid and all that but that was his White Album and Dark Side of the Moon. There hasn't been an awesome second act.
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Post by Deleted on Oct 29, 2012 15:06:33 GMT -8
It would be dissapointing to see him take up a position at Google, Amazon or Microsoft - I presume his "Adviser to Tim cook" contract keeps him out of the hands of competitors for a certain nubmer of years, kind of like they are paying him to simply not do anything with anyone else - which gets around the anti-non-compete laws in california. I think he was the man behind the "much loved" skeuomorphic designs. Not entirely sure that is going to help Google or Amazon or even Microsoft. My main worry is that as head of iOS, he has a wealth of knowledge about the iOS & iDevice roadmap for the next couple of years and possibly beyond. Having him go to a major rival now would be as bad as when Eric Schmidt was sitting on Apples Board.
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Post by greedynoob on Oct 29, 2012 15:08:52 GMT -8
My main worry is that as head of iOS, he has a wealth of knowledge about the iOS & iDevice roadmap for the next couple of years and possibly beyond. Having him go to a major rival now would be as bad as when Eric Schmidt was sitting on Apples Board. Thus the sinecure ;-)
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Mav
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Post by Mav on Oct 29, 2012 15:11:53 GMT -8
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Mav
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Post by Mav on Oct 29, 2012 15:19:01 GMT -8
I wouldn't worry. Apple execs can and will come and go. (IIRC, None of the departed Apple execs seemed to have have harmed Apple in any significant way - well, backdating-related issues aside.) One day, ALL of Apple's current execs will depart.
But for now? There's one heck of an enviable collection of talent and experience. At least four "top of mind" execs were around _before_ Steve Jobs returned to Apple (Cue, Ive, Schiller, Tchao). Apple's corporate bench has ridiculous depth and there's all kinds of built-in continuity insurance because of it.
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Post by phoebear611 on Oct 29, 2012 15:26:56 GMT -8
Not sure if this is good or bad. It looks like the "deep bench" just got a littler shallower. I think that new generations bring valuable insight and are additive. Make way for a little ingenuity - a little fresh blood that can then be molded into the AAPL way...it's all good. Forstall was an issue..we knew he would be a problem someday..at least after reading the Isaacson book. This is all good.
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Post by rutgersguy92 on Oct 29, 2012 15:29:49 GMT -8
A couple of interesting observations about the Apple senior management: 1) TC replaced himself as SVP of Operations with Jeff Williams, who happens to have extremely similar credentials to TC, namely an MBA from Duke, an engineering degree, and a previous tenure at IBM (where they presumably worked together for a while). 2) Phil Schiller, the SVP of Worldwide Marketing, has a bachelor's degree in Biology from Boston College (I may have run into him at a party or two, since I went to another Boston area school but had high school friends at BC who I used to visit), and no other formal education. Very unusual, but it looks like he transitioned to marketing at Mass. General Hospital, and then in a couple of California start-ups before going to Apple.
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JDSoCal
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Post by JDSoCal on Oct 29, 2012 15:29:58 GMT -8
That was some wicked-fast Photoshopping. Must have been on a quad-core Mac Pro.
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Post by wheeles on Oct 29, 2012 15:48:47 GMT -8
I wasn't aware that Browett was at PC World. That is such a horrible shopping experience I am surprised he was even hired.
As for Forstall, he certainly was the odd one out in the senior Apple staff. I never quite understood why he was considered "Mini-Steve". Perhaps Steve no longer being around meant that Forstall's days were numbered without Steve to shield him.
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Post by Red Shirted Ensign on Oct 29, 2012 15:54:18 GMT -8
That was some wicked-fast Photoshopping. Must have been on a quad-core Mac Pro. Yezhov? JD, you impress me.
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Post by phoebear611 on Oct 29, 2012 15:58:03 GMT -8
Posted by the Loop - Jim Dalrymple:
Adam Lashinsky for CNN:
I also heard that Forstall refused to sign the letter apologizing for the mapping fiasco, sealing his fate at Apple.
Lots of speculation going around tonight.
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Mav
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Post by Mav on Oct 29, 2012 16:09:33 GMT -8
Don't ever change, FUD Press. tech.fortune.cnn.com/2012/10/29/inside-apples-major-shakeup/Gimme a break, Lashinsky. Don't let your ego get in the way of your talent. The headline is: "Year One of the Tim Cook Apple: Time to Clean House" And it's just as easy to counter-explain certain things. Ive vs. Forstall - turned out well, considering Maps and Siri. Also: Sparks vs. long-burning candles. I could elaborate, but suffice it to say, both types exist in organizations, both are arguably necessary, and just because a spark leaves doesn't mean it wasn't worth the time the spark was there. Hey, Avie's Mach kernel is still around. Mansfield staying - takes some serious contortions to explain that as a bad thing. Dude, he's staying. Sometimes it's just too hard for a journo to leave it at that, I guess. Browett leaving - I remember that thing about Mansfield's predecessor not working out for Steve... Oh, that's right, Apple's not allowed to make mistakes. Cook losing control - more like Cook asserting control. What, you expected this to happen overnight? And, well, if you want Cook to answer for his sins and foibles - you'll just have to get Uncle Walt to ask the question at the next D conference, or cajole some analyst to ask at the next earnings CC. Or maybe pose a question if ever there's a CC for some Apple screw-up, which NEVER would have happened under Steve Jobs - oh wait. Nothing new there.
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Post by tuffett on Oct 29, 2012 16:34:13 GMT -8
From what I saw of him I liked Forstall. He's the only one who seemed like a natural on the big stage, much like Steve was. Seemed to have a real passion that seems forced from the others (just appearances, not sayijy any of them arent passionate). Of course, this alone does not make him suitable for upper management, if there were any other real issues. I trust the right decision was made.
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Mav
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Post by Mav on Oct 29, 2012 16:54:11 GMT -8
I never had a problem with Forstall either. But hey, change happens.
Be interesting to see what Ive + Federighi help turn iOS 7 into.
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Mav
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Post by Mav on Oct 29, 2012 17:00:10 GMT -8
Rumored company-wide email from Tim Cook (from 9to5Mac) briefly thanking Forstall for his work at Apple, as well as supposedly giving Mansfield a two-year additional tenure at Apple (holding out a little hope that Mansfield might decide to stay a bit longer than that): www.theverge.com/2012/10/29/3573226/scott-forstall-leaving-apple
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Post by phoebear611 on Oct 29, 2012 17:06:44 GMT -8
Still trying to confirm this but just saw it on twitter:
Confirmed flooding on NYSE. The trading floor is flooded under more than 3 feet of water.
Also - it looks like public transportation may be out for the rest of the week in NYC
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Mav
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Post by Mav on Oct 29, 2012 17:16:56 GMT -8
Well, the markets should have contingency plans, backups, etc. We'll just wait it out.
Waiting on more information on the state of the physical stock exchanges. In the meantime, there's no trading on Tuesday anyway.
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Post by phoebear611 on Oct 29, 2012 17:30:48 GMT -8
Well, the markets should have contingency plans, backups, etc. We'll just wait it out. Waiting on more information on the state of the physical stock exchanges. In the meantime, there's no trading on Tuesday anyway. It would be insane if there wasn't a contingency plan after 9/11. Everyone - all finance firms - have one at another site. Wish they would make a statement - haven't heard anything tho.
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Post by phoebear611 on Oct 29, 2012 17:37:37 GMT -8
Gotta love The Loop and Jim: The Loop @theloop Amazon -- release the numbers or shut the fuck up loopu.in/TQRKvI Retweeted by Jim Dalrymple
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Post by yellowhandman on Oct 29, 2012 17:40:36 GMT -8
He reminds me of Seth Green, or at least the irritating Seth Green (playing himself) character on Entourage. I wasn't aware that Browett was at PC World. That is such a horrible shopping experience I am surprised he was even hired. As for Forstall, he certainly was the odd one out in the senior Apple staff. (...)
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Post by phoebear611 on Oct 29, 2012 17:49:19 GMT -8
NYSE saying that reports of flooding on the NYSE floor are false -- lots of info -- difficult to confirm what is correct. Seems the report came from CNN but they are back peddling saying that they don't think they got the right info....so I guess the NYSE floor is fine.
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Post by onemoreanimal on Oct 29, 2012 21:04:47 GMT -8
(Reuters) - NYSE Euronext said it is preparing to implement a new contingency plan to help resume stalled U.S. equity trading, and added that its famed trading floor is not yet damaged by Hurricane Sandy. www.reuters.com/article/idUSBRE89T08120121030
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Post by mbeauch on Oct 29, 2012 21:32:01 GMT -8
Hi everyone, I hope all of you up north stay dry. I have to say I am excited about the shake-up in Apple's management. I always felt Forstall and TC would never mesh. Scott had aspirations of being the top guy, he didn't know his place. If we look back the writing was on the wall right in front of us. Mansfield retiring I am sure had something to do with all of this. His immediate return showed his position on the team. Make no mistake, Johnny Ive is the franchise player and if he did not like Scott, well, Scott has gotta go. LOL Today provided Apple with an opportunity to announce this news without it creating any short term noise. After another day of the market being closed, it will be old news by Wednesday.
Best of luck to all.
Almost forgot, don't let the door hit you in the ass Browett. The worst hire ever at Apple, eh, forgot about Schmidt. . Someone please tell me why someone at Apple could not have been promoted to that position. Apple parading around their cash and then he wants to cut staff to save the money spent on the raises, I say "off with his head". Hmmmm, my union bone showing up again. ;D
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Mav
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Post by Mav on Oct 29, 2012 22:18:48 GMT -8
Just for reference, I'd point out that Forstall is seated in the front row for the iPad mini intro event. You can see him around the time Schiller unveils the iPad mini.
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Post by fas550 on Oct 29, 2012 22:52:22 GMT -8
Looks like we are dead in the water (oh yes pun intended) for trading till Wed at the earliest. NASDAQ is reporting Wed not sure about the NYSE so far.
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Post by wheeles on Oct 30, 2012 1:46:26 GMT -8
Well, the markets should have contingency plans, backups, etc. We'll just wait it out. Waiting on more information on the state of the physical stock exchanges. In the meantime, there's no trading on Tuesday anyway. It would be insane if there wasn't a contingency plan after 9/11. Everyone - all finance firms - have one at another site. Wish they would make a statement - haven't heard anything tho. Exactly. Both exchanges and investment banks have alternate sites and are designed to be up and running within a relatively short time of an incident. Admittedly, they probably aren't so useful if a hurricane is battering the primary and alternate sites.
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