“Just another day in Palo Alto: Apple (AAPL) had a sharp gap down this morning, apparently as rumors circulated that Apple COO Tim Cook was going to be offered the top spot at Hewlett-Packard (HPQ), which continues to seek a replacement for Mark Hurd and which is holding its analyst day today,” Tiernan Ray reports for Barron’s.
“Not true, says Gleacher & Co.’s Brian Marshall, who follows Apple,” Ray reports.
Ray reports, “He called me a short while ago to say he’d just run into Tim Cook in Palo Alto, had coffee, and asked him about the rumor. ‘Tim Cook will not be going to HP, he loves Apple,’ Marshall tells me Cook told him.
Full article here.
[Thanks to MacDailyNews Reader “iWill” for the heads up.]
HP is a mess, Cook could turn it around, but I don’t know that he’d really want to. He’s 1st in line when Jobs steps down, and his future would seem better served to stay the course there and ride Apple up, than try to put HumPty back together again.
HP is a mess, Cook could turn it around, but I don’t know that he’d really want to. He’s 1st in line when Jobs steps down, and his future would seem better served to stay the course there and ride Apple up, than try to put HumPty back together again.
Apple share price starts rising again…
Apple share price starts rising again…
One-eyed Thompson needs a lot more than Tim Cook to get back in St. Mary’s tower.
One-eyed Thompson needs a lot more than Tim Cook to get back in St. Mary’s tower.
Easy guess on that one.
Keeping a good train running on clean tracks is better than resurrecting the Amtrak system running on borrowed right-of-way.
Easy guess on that one.
Keeping a good train running on clean tracks is better than resurrecting the Amtrak system running on borrowed right-of-way.
Dumbest rumor ever! Just an excuse to sell Apple shares.
Dumbest rumor ever! Just an excuse to sell Apple shares.
Talk about stock manipulation – WOW! And who got the most from this little move in the stock price? Oh yes, Wall Street does not need to be regulated!
Talk about stock manipulation – WOW! And who got the most from this little move in the stock price? Oh yes, Wall Street does not need to be regulated!
Cook is Apple all the way.
Yes the app doesn’t work. Still won’t let me log in using the same username and password that works on Safari desktop. I hope soon the app gets some priority from MDN to get fixed. It’s quite embarrassing having this app in the wild today.
Cook is Apple all the way.
Yes the app doesn’t work. Still won’t let me log in using the same username and password that works on Safari desktop. I hope soon the app gets some priority from MDN to get fixed. It’s quite embarrassing having this app in the wild today.
If Cook was at a normal old company stuck working under a normal old CEO who just refused to budge from the captain’s chair, then he probably would be seeking a way out.
However, that’s not the case. He’s the COO of Apple, Inc., and he’s working under Steve Jobs.
The man probably drops to his knees and kisses the ground at Apple headquarters when he walks through the doors every morning. He is blessed to be the second-in-command on this monumental journey with Steve. He gets to make history, literally changing the world about every three years as they propel us into the future.
If Tim wanted to leave Apple, he would’ve been gone a long time ago. We need not search for chief executive vacancies, for I’m sure there’s an endless list of CEOs who’d volunteer to step down and trade places with him.
If Cook was at a normal old company stuck working under a normal old CEO who just refused to budge from the captain’s chair, then he probably would be seeking a way out.
However, that’s not the case. He’s the COO of Apple, Inc., and he’s working under Steve Jobs.
The man probably drops to his knees and kisses the ground at Apple headquarters when he walks through the doors every morning. He is blessed to be the second-in-command on this monumental journey with Steve. He gets to make history, literally changing the world about every three years as they propel us into the future.
If Tim wanted to leave Apple, he would’ve been gone a long time ago. We need not search for chief executive vacancies, for I’m sure there’s an endless list of CEOs who’d volunteer to step down and trade places with him.
@John “Just an excuse to sell Apple shares.”
Glass half empty. Just another excuse to BUY Apple shares!
@John “Just an excuse to sell Apple shares.”
Glass half empty. Just another excuse to BUY Apple shares!
What? No rumors of Ballmer jumping ship to HP?
What? No rumors of Ballmer jumping ship to HP?
The fact is, Tim Cook is pretty much running the show at AAPL as far as day-to-day business goes, and quitting his current spot to join HP would be a pretty big step down. Apple’s a $263 billion company. HP’s much less than half of that.
-jcr
The fact is, Tim Cook is pretty much running the show at AAPL as far as day-to-day business goes, and quitting his current spot to join HP would be a pretty big step down. Apple’s a $263 billion company. HP’s much less than half of that.
-jcr
HP should just hire “The Three Amigos”. Enderlenutjob, Thurottenhead and Dvwhorehack!
” width=”19″ height=”19″ alt=”wink” style=”border:0;” />
HP should just hire “The Three Amigos”. Enderlenutjob, Thurottenhead and Dvwhorehack!
” width=”19″ height=”19″ alt=”wink” style=”border:0;” />
At this point I have to wonder whether the rumor was an intentional ploy to shake out weak holders.