Are you kicking yourself for not buying apple stock? I know my Dad is. He told me that he was thinking about buying Apple stock when it was $98 a share. He decided not to. I wish he would have talked to me about it especially knowing that I follow Apple very closely because I run this blog. Anyways Apple has just surpassed $500 a share although it has dropped to $497 at the time of writing this post. We can only imagine that it will continue to go up.
Apple is dominating the smartphone industry and is now worth twice as much as its competitors combined. Most people still see apple undervalued at $500 a share. They are just killing it with the iPhone, iPod Touch, and iPad. Same with their PC market, it is increasing every day and I am pretty sure within a few years it may even surpass Microsoft. Are you guys still interested at buying Apple stock at its current price? Due to the fact that the price is so high it is hard to buy a lot unless your super rich.
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Hey guys, well, with the late breaking-news coming out of Cupertino that Steve Jobs would now be known as “former Apple, Inc. CEO”, the press (and the Apple community) has been sent a letter from Steve Jobs himself.
The letter reads:
I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
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Holy shit, we have just all been alerted that Steve Jobs has just resigned as CEO of Apple, Inc. The positiion will be given to Tim Cook, as expected. I never thought that this day would come so soon.
Steve Jobs has brought the most advanced and “magical” devices to millions of people and has brought Apple back from the brink of death in the 90s wih the Mac, iPod, iPhone, and the iPad.
This comes as a shock to the entire tech industry. Expect tomorrow to be a bad day for Apple’s stock.
Steve Jobs has taken the role as Chairman of Apple’s Board of Directors.
Apple has officially released a press release:
Tim Cook Named CEO and Jobs Elected Chairman of the Board
CUPERTINO, Calif.–(BUSINESS WIRE)–Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.
“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company”
“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple’s Board. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”
“The Board has complete confidence that Tim is the right person to be our next CEO,” added Levinson. “Tim’s 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does.”
Jobs submitted his resignation to the Board today and strongly recommended that the Board implement its succession plan and name Tim Cook as CEO.
As COO, Cook was previously responsible for all of the company’s worldwide sales and operations, including end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets and countries. He also headed Apple’s Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices
More info as it comes in…
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President Barack Obama Says Meeting Was ‘Success’ With Steve Jobs; Other Technology Giants In Attendance As Well
Good morning everyone, well, as you know, President Barack Obama had a meeting with the nation’s most powerful technology CEOs. One of those in attendance was Steve Jobs.
Now, after debunking The National Enquirer’s report that the pictures taken were of Steve Jobs, we see Steve Jobs at a high-profile meeting with the president. He seemed fine.
President Obama had this to say about the meeting:
“We want to continue talking so we can work as partners to promote growth and create good jobs in the United States.”
We wish him the best and hope that he makes his return to the helm at Apple soon.
Here is everyone that attended:
Steve Jobs, C.E.O and Co-Founder, Apple, Inc.
Mark Zuckerberg, C.E.O and Co-Founder, Facebook
Eric Schmidt, C.E.O, Google, Inc.
Carol Bartz, president and C.E.O., Yahoo
John Chambers, C.E.O. and chairman
Cisco Systems; Dick Costolo, C.E.O.,Twitter
Larry Ellison, co-founder and C.E.O., Oracle
Reed Hastings, C.E.O., NetFlix
John Hennessy, president of Stanford University
Art Levinson, chairman and former C.E.O., Genentech
Steve Westly, managing partner and founder, the Westly Group.read more
Hey guys, we have information that says that the images that were taken of Mr. Steve Jobs may not be as genuine as we previously though at the time that everyone re-reported what The National Enquirer published.
Several sources have indicated that they have word that it couldn’t possibly be Steve Jobs due to the fact that in the images, he was about to hop into a 1997 Honda Civic.
We all know that Steve Jobs rides in his silver Mercedes SL55 AMG with its license plate being a bar code. (Side Note: Having a bar code in place of license plates in the state of California isn’t technically legal, but it’s Steve Jobs we’re talking about people!). Steve Jobs is a billionaire, he wouldn’t be riding in the crappiest car in the lot, would he?
Also, it didn’t make sense to me that these images would be true as well. Why? He was having dinner with the President of The United States today. If he were that sick, he wouldn’t have showed up. I felt strange posting that piece of breaking news right after the “Steve Jobs is going to die in 6 weeks ” article. It didn’t sit right with me, it felt like I was reporting on 2 completely different people.
Not only that, he’s been seen on Apple’s campus smiling and acting normally. Sure, I believe he is sick, but the man in this photo can’t be him. If they had taken a picture of his face, I would believe them, but they didn’t.
More on this as it develops…
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