Who is Tim Cook (new CEO) of Apple?

Tim Cook, the man named to replace Steve Jobs as Apple’s chief executive, already has extensive experience running the company.

Cook, who has served as Apple’s chief operating officer for seven years, was named as its new chief executive today with the resignation of Jobs, the iconic co-founder of the company. Cook, a reserved and private man, was tapped to fill in for Jobs during his three medical leaves of absence.

“The board has complete confidence that Tim is the right person to be our next CEO,” Art Levinson, chairman of Genentech, said in a statement on behalf of Apple’s board.

Long considered a front-runner to replace Jobs, the 50-year-old Cook joined Apple in 1998 as a senior vice president of worldwide operations and was promoted to chief operating officer in 2004. Before joining Apple, Cook briefly served as an executive at Compaq and spent 12 years at IBM, where he ran manufacturing and operations for the company’s PC business. Cook earned a bachelor’s degree in industrial engineering from Auburn University and an MBA from Duke.

Cook is credited with completely restructuring Apple’s manufacturing operations, insisting that Apple shut down its overseas factories and farm out the work to third-party manufacturers. As a result, the company reduced inventory and improved margins on its entire product lineup.

Read more: http://news.cnet.com/8301-13579_3-20096918-37/a-look-at-tim-cook-the-man-replacing-steve-jobs/#ixzz1Vzon6LIl

August 25, 2011
Categories: News you can Use, Technologies, Vendor News . Tags: , , . Author: MyMotorways . Comments: Leave a comment

Steve Jobs steps down at CEO

Legendary leader Steve Jobs has resigned as CEO of Apple (AAPL) , the company he co-founded and saved from the brink of disaster 14 years ago.

 

Steve Jobs

Jobs, who survived pancreatic cancer, has been on medical leave since Jan. 17. Neither he nor the company have stated his latest health issues. It’s his third medical leave in six years.

 

In a statement, Apple’s board said Jobs had been elected chairman, and that Chief Operating Officer Tim Cook has been named the new CEO. Cook has run the day-to-day operations during Jobs’ leave, and has received good reviews for his work. But Jobs retained a huge influence over the company he co-founded with Steve Wozniak in 1976. Jobs left Apple after losing a power struggle with former CEO John Sculley in 1985, but returned in 1997 when the company was struggling to survive.

Jobs then oversaw the development of the iPod music player, iPhone smartphone and iPad tablet, among other top-selling products that has made Apple the U.S. publicly traded company with the second-largest market cap and the technology leader in many fields.

“Steve’s extraordinary leadership vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” Apple director Art Levinson, chairman of Genentech, said in a statement.

In a letter to the board, Jobs said:

“I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come. I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

“As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

“I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

“I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.”

August 24, 2011
Categories: Events, Technologies . Tags: , , . Author: MyMotorways . Comments: Leave a comment

Dish Network looks to deliver High Speed Internet Service?

 

Another layer of a cryptic Dish Network plan for its future was peeled back today when the nation’s second-largest satellite TV provider formally asked the U.S. government permission to offer a mobile high-speed Internet service. The move brings into clearer focus Dish’s potential goal: building a mega video-streaming service for itself and its newly acquired Blockbuster on a network that would bypass the broadband pipes of its cable competitors. Dish and chairman Charlie Ergen have been on a buying binge of late, including acquiring spectrum from DBSD North America and TerreStar Networks; those are the assets that Dish is asking the government to clear, according to an FCC filing, which would allow the high-speed plan to move forward. During Dish’s 2Q earnings call this month, CEO Joe Clayton said the company would not “tip its hand” to plans, but that “video is our primary objective,” including having broadband-connected set-top boxes for its subscribers and adding licensing arrangements for Blockbuster that could include subscription VOD. Its own high-speed service would supply all of this and makes sense, but the question remains how much will such a network cost to build? Already, Credit Suisse Group AG analyst Jonathan Chaplin has weighed in on that one,saying it could be “costly.” As with everything Dish-related, stay tuned.

August 23, 2011
Categories: Inside Hollywood, Technologies . Tags: , . Author: MyMotorways . Comments: Leave a comment

Five Fake Apple Stores Discovered…

Last week, 5 fake Apple stores were discovered in China. Today, it’s reported that the Chinese government has closed two of them. Three others were left open because they had operating permits, even though they are not sanctioned by Apple (Nasdaq:AAPL).

Apparently, Apple hasn’t said a thing about these fake stores, or the ones that were left open. That’s just weird, because Apple obsessively protects its products and reputation. If you breakdown an iPhone and reveal the components on the Internet, Apple might sue you or have police arrest you.

So it’s odd that Apple isn’t cracking down on unlicensed re-sellers in China. But this brings up a really interesting point about Apple’s China strategy.

Apple has 5 stores in China. That’s it. And they’re all in Beijing and Shanghai. Last quarter, Chinese bought 1.07 million iPads. Nearly were bought through unauthorized channels. For comparisons sake, Bloomberg reports that Lenovo has 10,000 outlets in China.

It might seem that Apple should get control of what’s going on in China. But, on the other hand, if the demand and products are there, Apple doesn’t have to add to its expenses to make sales in China.

July 25, 2011
Categories: Technologies . Tags: , , . Author: MyMotorways . Comments: Leave a comment

More Big Soccer U.S. TV Ratings: Women’s World Cup Final Sets Record For ESPN

Following great TV ratings for last year’s Men’s World Cup Finals and this year’s UEFA Championships Final, yesterday’s FIFA’s Women’s World Cup Final between USA and Japan drew 13.5 million viewers, the larges audience ever for a soccer match on ESPN.

Overall, the game, which USA lost on penalty kicks after a 2-2 tie, was the second most watched women’s soccer match ever behind the 1999 final between USA and China on ABC, which still holds the ratings record for a soccer telecast in the U.S. with 18 million viewers.

July 20, 2011
Categories: Inside Hollywood, Technologies, Vendor News . Tags: , , , , . Author: MyMotorways . Comments: Leave a comment

Apple Destroys Q3 Earnings Estimates With Record Revenues, Profit, iPhone, And iPad Sales

Following Google’s stellar earnings last week, Apple has today announced their own earnings for their Q3 period. As expected, they’re good. Massively good.

Apple set several new records last quarter in terms of both revenues and sales. Most notably, Apple’s revenue was a staggering $28.57 billion — over $5 billion ahead of their (always low) guidance, and nearly $3 billion ahead of the $24.92 billion that Wall Street had been expecting. What’s perhaps most crazy about those numbers is that they’re a new record for the company, and it comes in a non-holiday quarter (typically the best for consumer electronics companies). Apple’s last holiday quarter earnings, Q1 2011, saw revenues of $26.7 billion.

As for some other key numbers, Apple saw net quarterly profit come in at $7.31 billion — also a new record, by a long shot (last holiday quarter was $6 billion). Earnings per share were $7.79, far, far ahead of the $5.03 EPS guidance, and way ahead of the $5.80 Wall Street had been looking for.

Apple sold 20.24 million iPhones in the quarter, a new record. The Street had been hoping to see sales around 16.5 million. The iPad numbers were just as bright, with 9.25 million units being sold. Wall Street had been looking for 7.8 million there. One slight dim spot were Mac sales, which came in at 3.95 million, blow the roughly 4.2 million Wall Street was hoping for.

July 19, 2011
Categories: Technologies, Vendor News . Tags: , , , . Author: MyMotorways . Comments: Leave a comment

Microsoft to open 75 more retail stores in next two to three years

 

Microsoft is continuing full-speed ahead with its plan to open more brick-and-mortar retail stores.

Microsoft will be opening 75 Microsoft Stores in the next two to three years, Chief Operating Officer Kevin Turner told attendees of the Microsoft Worldwide Partner Conference on July 13.  (In 2009, Turner announced Microsoft’s retail store plan for the first time to partners at the Worldwide Partner Conference, noting that the goal was to open stores as close to Apple’s as possible.)  Look for  stores in major retail centers in the U.S. with high volumes near you.

 

 

July 15, 2011
Categories: Technologies, Vendor News . Tags: , , . Author: MyMotorways . Comments: Leave a comment

Xbox Kinect helps Surgeons in the Operating room

One of the first things a new nursing student learns is how to maintain clean technique when working with patients. Later on, the nursing student steps it up and learns surgical technique — the amped-up, uber-sterile version of clean technique. The idea is that our environment is rife with disease-causing organisms. There are certain techniques that can be practiced to protect our patients (and ourselves) from infection.

Maintaining a pristine sterile field is extremely important in the operating room. The problem is that doctors sometimes have to step in and out of the sterile field to gather additional information on the state of a patient in surgery.

One such example is the operation of a CT imager, which may require a surgeon to step out of the surgical field to operate the computer with a keyboard and mouse (you don’t even want to know how many germs are on a typical keyboard and mouse). The surgeon then has to scrub up to the elbows once again, and then re-enter the surgical field. Rinse, wash, and repeat as needed.

Because of the time and hassle involved in re-scrubbing each time the imager is used, doctors may not use it as often as they might like, or rely on their recollection of the last image they saw.

The following video shows how doctors at Sunnybrook Health Sciences Center in Canada are using the Kinect to solve the “touching dirty things” problem. Since they can just gesture in the air, they can control the computer and adjust images without ever having to sacrifice the sterile field.

Watch the video. It’s amazing, and shows where medicine might go with a little help from Kinect. Welcome Kinect, the newest member of the surgical team.

 

 

July 14, 2011
Categories: News you can Use, Technologies . Tags: , , , . Author: MyMotorways . Comments: Leave a comment

Amazon Is Building Out Warehouses Like Crazy

Amazon is on a building boom: the company has announced two new fulfillment centers in the last two days, adding a total of more than 2 million square feet.

The new centers are in Phoenix (adding to three others there) and Plainfield, Indiana, and join three other centers announced earlier this year.

During its last earnings call, the company said it would add up to 9 new centers this year, after building out 13 new ones last year.

This is basically good news for Amazon — it means that sales are booming (up 38% in Q2 from the previous year), and that the company is optimistic about the future. But it also means a temporary increase in expenses, which is what drove the stock down after Amazon’s last earnings report.

Read more: http://www.businessinsider.com/amazon-is-building-out-warehouses-like-crazy-2011-7?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+typepad%2Falleyinsider%2Fsilicon_alley_insider+%28Silicon+Alley+Insider%29#ixzz1RUb3TK7y

July 12, 2011
Categories: Technologies, Vendor News . Tags: , , . Author: MyMotorways . Comments: Leave a comment

Cisco Layoffs Coming?

Bloomberg is reporting today that up to 10,000 employees will be laid off in effort to shore up lacking sales in the last several quarters.  Up to 7,000 will be direct layoffs and another 3,000 will be given early retirement packages.  Given that this week’s government jobs report showed only 18,000 new jobs being created, this represents a big hit….

Let’s hope all the analysts are wrong on this one!

July 12, 2011
Categories: Technologies, Vendor News . Tags: , , . Author: MyMotorways . Comments: Leave a comment

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