Apple named Steve Smith to run mergers and acquisitions and put the deal team back under finance chief Kevan Parekh, replacing Adrian Perica. Parekh ended Apple's net-cash-neutral policy in May, a change analysts read as room to buy.
Perspective Coverage
7 publishers
- Builder
- Builder 11%
- Operator
- Operator 50%
- Investor
- Investor 39%
Reality
- Evidence72
- Adoption
- Not scored
- Hype gap+20
- Incentives
- Not scored
- Confidence70
Apple reports fiscal fourth-quarter results on November 2 against its own forecast of 9% to 11% revenue growth, in John Ternus's first call as CEO. Hardware buyers should listen for what he and CFO Kevan Parekh say about memory pricing and supply.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+10
- Incentives
- Not scored
- Confidence70
John Ternus makes himself the final decision maker on Apple design
Apple CEO John Ternus works hands-on in the design studio several times a week, Bloomberg reports, against Tim Cook's roughly monthly visits. With no chief design officer search underway, Apple's former hardware chief now has the final say on its software interfaces too.
Perspective Coverage
4 publishers
- Builder
- Builder 23%
- Operator
- Operator 47%
- Investor
- Investor 30%
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+20
- Incentives
- Not scored
- Confidence50
Apple CEO John Ternus is weighing year-round launches as the hardware unit removes roughly six directors and other program managers, Bloomberg reported. Staff expect the calendar change to take years, so the cost cuts should show up in Apple's numbers first.
Perspective Coverage
5 publishers
- Builder
- Builder 23%
- Operator
- Operator 33%
- Investor
- Investor 44%
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+25
- Incentives55
- Confidence50
John Ternus cuts the program managers who ran Apple's hardware timelines for decades
Apple CEO John Ternus has cut hardware program managers, including about six directors, to ship more products more often, Bloomberg reports. The engineers who remain are the likeliest people to absorb the timeline and coordination work those roles did.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence60