Apple's Recent Management Moves: Addition By Subtraction
by Saibus Research
In our previous reports on Apple Inc (AAPL), we have been focusing primarily on the performance of its cutting edge, innovative, wildly popular iOS devices (iPhone and iPad). We have primarily focused on the iPad and iPhone because those products account for 72% of Apple's revenue in its most recent quarter. In this report we will be focusing on Apple's recent management moves. Apple's management (especially the late Steve Jobs) has been instrumental in Apple's comeback story however even great institutions like Apple can muck things up with bad management. We believe that the departure of Apple Retail's boss John Browett and iOS SVP Scott Forstall will serve as addition by subtraction for Apple and we believe that while Apple's CEO Tim Cook is no Steve Jobs, at least he isn't Stephen Elop (Nokia's (NOK) CEO). read more »
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