Members of the Board of Directors of the “Apple” are looking for a replacement for chief executive Tim Cook

Apr

22

2013

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Members of the Board of Directors of the “Apple” are looking for a replacement for chief executive Tim Cook

News reports revealed the intention of the members of the Board of Directors of the “Apple” to do a search for a chief executive of the company, replacing Tim Cook, who is the current president of the American company.

The news magazine “Forbes” America, the San informed sources in the “Apple”, the movements of the members of the Board of Directors to search for a successor Tim Cook after the latter failed to revive the value of the company’s shares that are exposed to a significant drop.

The shares lost “Apple” a lot of its value after a historic gain in the third quarter of last year, which led to the arrival of the company’s market value to about $ 622 billion to a record at the time as the highest value of the company in financial history.

Shares in the “Apple” for less than $ 400 after hitting its highest price in September after put the “iPhone 5” where time exceeded U.S. $ 700 barrier.

The “Forbes” that the members of the Board of Directors of the “Apple” are trying to impose secrecy on their steps towards the severe decline of the company’s shares, making the American Journal clarify that it has not yet confirmed the authenticity of the statements about the overthrow of sources Tim Cook soon.

The “Apple” wastes in its title as the highest value of the company for the benefit of financial American oil company “Exxon Mobil Corp.,” and after a decrease in the value of the U.S. electronics company for about half of its value since it assumed “Cook” in 2011.

Despite the negative indicators that surround the company “Apple” that many financial analysts Americans confirmed that the company’s share Electronics America is able to rise again, making some members of the Board of Directors of the American company conservatively to rush to take the decision to bring in a replacement for Tim Cook, according to the report ” Forbes “.

The main reasons behind the decline share “Apple” according to analysts’ estimates are low investor confidence in the American company and its ability to compete in a fierce market private market smart devices that compete with it to a computer “iPad” tablet and phone “iPhone” smartphone.
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