Apple Inc. (NASDAQ:AAPL) CEO Settles In
Posted on November 03, 2011 at 10:02 AM EDT
Tim Cook has brought some new operational changes to Apple Inc. (NASDAQ:AAPL). Apple Inc. (NASDAQ:AAPL) CEO Settles In According to a Wall Street Journal report, the new CEO Tim Cook has started becoming involved in the administrative matters of Apple Inc. (NASDAQ:AAPL), such as promotions and structure reporting, that never interested its recently deceased CEO [...]

Tim Cook has brought some new operational changes to Apple Inc. (NASDAQ:AAPL).

Apple Inc. (NASDAQ:AAPL) CEO Settles In

According to a Wall Street Journal report, the new CEO Tim Cook has started becoming involved in the administrative matters of Apple Inc. (NASDAQ:AAPL), such as promotions and structure reporting, that never interested its recently deceased CEO Steve Jobs.

On top of this, Cook has become more communicative with employees by sending companywide e-mails addressed to the ‘Team’.

Cook wrote a letter to Apple Inc. (NASDAQ:AAPL) employees that said, “I want you to be confident that Apple Inc. (NASDAQ:AAPL) is not going to change. I cherish and celebrate Apple Inc. (NASDAQ:AAPL)’s unique principles and values. We are going to continue to make the best products in the world that delight our customers and make our employees incredibly proud of what they do.”

Apple Inc. (NASDAQ:AAPL) stocks were at 397.41 at the end of the last day’s trading. There’s been a 2.0% change in the stock price over the past 3 months.

Apple Inc. (NASDAQ:AAPL) CEO Settles In
Apple Inc. (NASDAQ:AAPL) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.21
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.22
Zack’s Rank: 1 out of 2 in the industry

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here