“The British designer behind Apple’s iconic iPods, iPads and iPhones is reportedly set to scoop an £18million windfall from shares in the company,” The Daily Mail reports.
“Said to be the result of a 2008 ‘golden handcuffs’ deal which tied him to Apple for three years, the money will propel creator Jonathan Ive into the ranks of The Sunday Times Rich List with a fortune of more than £80million,” The Daily Mail reports. “But despite his Stateside success, the British-born designer is said to be ‘at loggerheads’ with the Apple board over his plans to spend more time back in the UK.”
The Daily Mail reports, “He and wife Heather, who met while they were studying at Newcastle Polytechnic, are said to want to educate their twins in England. A friend of the family told The Sunday Times: ‘Unfortunately he is just too valuable to Apple and they told him in no uncertain terms that if he headed back to England he would not be able to sustain his position with them.'”
Read more in the full article here.
MacDailyNews Take: FaceTime.
A blatant attempt to tamp down the price action on AAPL. “A friend of the family said”. just plain manipulation.
FaceTime will not cut it as a substitute to being hands on and in Cupertino.
This article site nothing but gossip and innuendo as it’s basis.
I agree with twodales, total hokum.
I actually heard a friend of the family telling a friend of a friend that they were happy in L.A. and wanted to school their children in Compton.
Will the Daily Mail publish my rumor?
L.A.??? God forbid!! They are in S.F. (much different, even though still California); actually, probably closer to San Jose…
It’s understandable to want your children to have a better education. US system is one of the poorest amongst all industrialized countries. No child left behind results in all children being pushed ahead regardless of academic achievement or learning. DDBAR
(Dumbed Down Beyond All Recognition)
I have no doubt that Ive and his wife can easily afford a good private school in their area, in which case the quality of education is quite proportionate to the amount of money you spend.
On the other hand, I can understand if he wanted to preserve their ethnic identity and heritage. American schools, even private ones, tend to powerfully assimilate the children of immigrants into the culture (one of the things that defines America). Immigrant parents aren’t exactly always thrilled by this assimilation force. About the only schools on the US soil where such force isn’t that present are international schools (there are a few in NYC; I don’t know if SF and area have any).
from the article @ http://finance.yahoo.com/news/Apple-Design-Honcho-Ive-paidcontent-3460256532.html?x=0&.v=1
“With the three-year term coming to a close, it looks like people are starting to wonder whether it will lead to Ive reconsidering where he bases himself. That’s resulting in a little push and pull. According to a “friend”:”
People are starting to wonder- WHAT PEOPLE?
Says it all doesn’t it?
Ive, in an effort to expand his design aesthetics, is moving in with Phillis Diller.
LOL
Every time I read her name, I’m reminded of Denny Crane’s reaction when she unexpectedly turned up in lieu of the honey he was expecting.
now that it looks like Jobs may not be ceo for long, everyone else under him think they are the cat’s meow and want the spot.
also Ive was worked hand in hand with jobs. now with him gone it’s not the same for him anymore. this guy doesn’t want to work with or for anyone else. it wouldnt be the same.
he also has made lots of money, so why not take a early retirement.
from the article@ http://finance.yahoo.com/news/Apple-Design-Honcho-Ive-paidcontent-3460256532.html?x=0&.v=1
“With the three-year term coming to a close, it looks like people are starting to wonder whether it will lead to Ive reconsidering where he bases himself. That’s resulting in a little push and pull. According to a “friend”:”
People are starting to wonder? WHAT PEOPLE?
Pretty much says it all.
I suspect he can afford private tutors and maybe Steve will loan him the G V for occasional trips east.
No Steve Jobs and now Jony I’ve? Big trouble ahead for Apple…
it is obvious this is another WS shyster plant. Today, apple is up $5. Watch CNBC REGURGITATE this piece of dung, culminating with Erin on her 2 pm show.
It’s been pointed out on many occasions that the Daily Mail is not taken seriously in the UK and it never misses any opportunity to print anti-Apple stories.
With that kind of money, Ive can afford the best private school and force the teachers to teach their courses with a British accent.
Apple could simply buy a whole English village + school and plonk it on some vacant land east of Cupertino. I’ve know a village they can have for a couple of billion…..
That’s fin Ive…. How much more time?
Some amazing private schools in America, he just doesn’t want them to have a Yankee accent
I am a graduate of what is considered a very elite private school in one of the New England states.I later graduated from MIT. Oddly enough, many of my former classmates were here from abroad. Given that I have also spent an extensive amount of time in the UK and have friends who send their children to school in the UK and in the US, they have found there are many schools in the US superior. If the concern is over developing a Yankee accent, I suggest Jonathan develop a proper British one. Education begins in the home.
I don’t think Ive is concerned so much about the quality of US education. He can clearly afford better than whatever public education has to offer, and even public education varies greatly by quality and with some proper research, he could easily find an excellent school not far from Cupertino.
It is probably more likely that he is just weary of the powerful cultural assimilation that happens to immigrants’ children in American schools. This is something that most immigrants try to avoid as much as they can, and something that is usually rather difficult to prevent.
There are many ‘proper’ British accents and Ive’s accent is a perfectly normal one for the part of the UK that he originates from.
Guess Ivy hasn’t figured out that with Britain’s tax laws, that $80 mil will become a pound and three shillings after tax and VAT.
Amen.
“FaceTime”
You’re kidding right? This is where Ives gives Jobs a FaceTime call and says, “I quit”?
Here’s a resume: “I designed the f*cking iPod. Ever heard of it?” He can work at any company he wants in the world, for any money he wants.
This, besides Jobs, is the most important man at Apple right now, and while he is being paid very well (for basically designing a generation of tech products, and astounding accomplishment) he also need to be accomodated. You can’t strong arm the guy, because he has OPTIONSSSSSSSS.
Next to Steve, he’s a big, big part of Apple and probably irreplaceable. Show him the money!
Maybe it’s not about the money. He might just want his children to have British culture and values. He should get them out before it’s too late. The Public School system in England is well suited to parents on foreign expeditions. Maybe he could visit on school holidays.
He’s not asking for money. Nobody cares about money. You honestly think a guy like Ives is hard up for cash?
Assuming for a moment that this report is true, Apple needs to do whatever necessary to keep Ive on board. Others may direct the concepts, but it has been Ive who has executed the iconic designs. He has earned the reward of working from any damn place he wants to. In a split, it is Apple that will lose.
If he moves to the UK and continues to work for Apple, the product packaging will need to reflect those changes:
“Designed by Apple in the UK”
🙂
Media whores running wild. Whoever creates the strongest hit piece gets invited to Erin’s show?
So now the media mischief makers are putting vital Apple personnel “at loggerheads” with the company. What next, a reported fist fight between Cook and someone else over who gets to use the executive washroom?
This report is crap. Blatant attempt to manipulate the stock. Ives is at the top of his career, and no other company could afford him at this time.
I’m not saying the report is true or false, but seriously, how do you know? Maybe Jony would like to return to his roots to raise his kids.. He is worth 130 million, maybe he’s planning to retire..
Are you just guessing, or do you have some inside knowledge?
give him whatever he wants….
‘Unfortunately he is just too valuable to Apple and they told him in no uncertain terms that if he headed back to England he would not be able to sustain his position with them.’
See, this makes NO sense… surely if he was that valuable to them they would make allowances for him more UK time in order to KEEP him rather then letting some other company headhunt him…. I call BS!
I tend to agree with you. That is the part of the story that smells, and makes me doubt the rest.