Wednesday, January 21, 2009

Apple beats for Q1; iPod sales strong | Between the Lines | ZDNet.com


Apple beats for Q1; iPod sales strong | Between the Lines | ZDNet.com: "As expected, analysts on the conference call today immediately asked about the condition of Steve Jobs, who announced a medical leave of absence earlier this month, and whether COO Tim Cook was the expected successor. CFO Peter Oppenheimer’s reply was simple: Jobs is still the CEO and will be involved in key strategic decisions while Cook oversees the day-today operations. But Cook immediately chimed in, not to answer the question directly but to stress that the company’s executive lineup and thousands of employees - who Cook referred to as “wicked smart” - are all entrenched in Apple’s culture and values. His point: “Regardless of who is in what job, the values are so embedded in this company that Apple will do extremely well.”"