“A snowballing new ‘whisper campaign’ is targeting Apple’s chief executive Tim Cook as being poor choice to run the company and a likely candidate for replacement in the months following its most successful quarter ever,” Daniel Eran Dilger writes for AppleInsider. “The latest rumor, tweeted by Doug Kass, attributed a “cooking” of Cook to an alpine gnome source. Kass gained notoriety just two months ago for making a similar prediction that Apple would split its stock, before admitting that such a split would be impossible.”
“After setting new records in quarterly revenues and profits and completely revamping nearly every hardware line with new products (establishing a new world’s favorite smartphone with iPhone 5 and introducing a pair of what would become the world’s favorite tablets with iPad 4 and the new iPad mini) Apple found itself under new scrutiny looking for signs of impending failure and crisis,” Dilger writes. “Several analysts have voiced concerns that Apple’s margins might drop from twice the size of its competitors to being slightly less than twice that of the overall PC and phone industries it operates in. This might force Apple to make some adjustments to help it retain its roughly 75 percent share of the profits in the vast PC, smartphone, mobile software and media downloads markets it currently dominates. That’s a task most chief executives would love to have.”
Dilger writes, “Cook hasn’t presided over any loss in revenues or profits. Instead, as Cook announced just three months ago, ‘we’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter. We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.'”
Read more in the full article here.
MacDailyNews Take: Again:
We wouldn’t bet against him. – MacDailyNews Take, regarding Tim Cook, December 12, 2012