Apple is looking for a new CEO?




Apple is looking for a new CEO?


Is Apple really secretly looking for a new man in place of the CEO, which is currently ranked Tim Cook? Some people familiar with Wall Street said that the company could take such a step, although no clear evidence that they have so far. Even if Apple does not aim to change the leadership, it should do so. At least, so say those interested in the assets of the company, says business publication Forbes.

The sources said that it was time to say goodbye to a man for whose time in power, Apple has lost about half its market value. Tim Cook took over the company in October 2011. It is time to find a decent, trustworthy manager qualifications that can be at the helm of a powerful technology company and make serious changes.

Investors are concerned about the state of the financial health of the patient. No signs of rapid improvement is not observed. When in September 2012, one share of Apple was worth 702 dollars, the April 19, for it did not give more than $ 390. Record low for the last 52 weeks.

To everyone’s surprise, most analysts of the largest firms on Wall Street are looking at the situation optimistically and wait for Apple to announce its financial results for the last quarter. An interesting position, given that in the past six months, the company has lost the lion’s share of its market value. According to, none of the 37 analysts downgraded shares of Apple. Moreover, 25 of them continue to recommend to buy securities of this company.

One of the main reasons why analysts prefer stocks Apple – a huge sum of cash accumulated in the wallet of the American company. According to some estimates, the amount exceeds $ 137 billion. Analysts believe that the money is enough to restore the confidence of the crowd of disappointed and disgruntled investors. The demand for the products produced under the brand Apple, will increase even more when the market will innovative gadget , which does not stop talking all the world’s media.

Despite the macro-economic situation and the threat from rival companies, the growth rate of sales of the iPhone and the iPad will be observed until 2015 – analyst Scott Kessler of S & P IQ.

At the same time, no one can say how long Apple will be able to slow development. If on Tuesday, Apple CEO did not please the investors a new product , the company’s stock will continue to fall. And it can serve as a wake-up call for Cook.
Previous researchers from MIT are working on flexible displays
Tags: Apple , Tim Cook , Wall Street .


Tags: , ,

In: Technology & Gadgets Asked By: [15456 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »