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Sat, Nov 07, 2009 - 09:50 PM EST  —  AAPL: 194.34 (+0.3099, +0.16%)  |  NASDAQ: 2112.44 (+7.12, +0.34%)

CEO Steve Jobs’ medical leave of absence not slowing development at Apple
Friday, February 13, 2009 - 11:11 AM EST

"Apple Inc. chief operating officer Tim Cook, filling in for Steve Jobs, is hinting of iPhone price changes, working on new handsets, and has 'ideas' for netbook computers, Sanford C. Bernstein & Co. said," Bloomberg News reports.

"'Tim Cook stated that since Steve Jobs announced his leave of absence, he was spending more time on new products, how Apple could take the iPhone into new markets, and examining iPhone's business model,' said Sacconaghi," Bloomberg News reports.

"Cook, in charge of day-to-day operations while Apple's chief executive officer takes medical leave through June, and marketing chief Phil Schiller indicated the company had 'very exciting' plans for the iPhone this year, Sacconaghi said," Bloomberg News reports.

Full article here.

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Feb 13, 09 - 11:12 am Comment from: MM

Cook is no Jobs... :(

Sorry to burst bubbles here.

Feb 13, 09 - 11:20 am Comment from: Samuel FaintofHeart

"Where's the beef?", last innovation was iPhone 2G ( 3g is just improvement ). We need less marketing and more reality. If Apple wants to stand on it's own ( no MacWorld ), then cut the crap about we have ideas ( netbook ) and either put up or shutup.

Feb 13, 09 - 11:21 am Comment from: Jersey_Trader

There are several new "Just one more thing" products and services already in the research and development department. Steve Jobs would have been involved in polishing the end products. They will come to life if Steve is at work, home, retired or gone forever.

Feb 13, 09 - 11:31 am Comment from: Harvey

Products aren't planned and developed overnight or even in a month. The original iPhone was in development for two years. Anything Apple comes out with for the next six months or so will be began and matured while Steve Jobs was in the saddle.

Feb 13, 09 - 11:32 am Comment from: Daily Reader

@Samuel

The App store came after 2G. That's more than just improvement...at 20,000 Apps I think it counts as innovation. Besides, it's ludicrous to set the bar at the point where Apple has to launch a groundbreaking new product like iPhone every year. Only a troll or an uber-fanboy would suggest otherwise. At this stage of the iPhone product lifecycle improvement IS innovation. In my experience Apple is far more about delivering than about marketing. No vaporware like other vendors...no 'me too'... just products that I can actually benefit from that get better over time.

Feb 13, 09 - 11:32 am Comment from: Ampar

"Cook is no Jobs..."

And a squirrel is no socket wrench either.

Feb 13, 09 - 11:36 am Comment from: Big Al

Jobs is no Cook either.

Feb 13, 09 - 11:39 am Comment from: Swing Geezer

Tim should maintain the "quiet face" of Apple. It is better to have a thousand people trying to figure out what you are doing and talking about you and spreading rumours, than to curb all speculation.

Keeping your cards close to your chest is the best way to get free publicity. Steve is very good at this.

Feb 13, 09 - 11:45 am Comment from: @MM

"Cook is no Jobs... :(

Sorry to burst bubbles here."

You don't know that for fact. Apple will not crumble because Steve is on a break. Get over it already!

Feb 13, 09 - 11:54 am Comment from: MM

20,000 apps have are lite and full of ads... ya i want those apps!!

Feb 13, 09 - 11:55 am Comment from: MM

oops... i meant...

Of the 20,000 Apps, half are lite or full of Ads.... Ya I want those Apps!!

Feb 13, 09 - 12:12 pm Comment from: Ampar

"Cook is no Jobs" anagram = "So?" "Icon Jobs." "O.K."

Feb 13, 09 - 12:26 pm Comment from: Ampar

"Tim Cook stated that since Steve Jobs announced his leave of absence, he was spending more time on new products . . ."

Tell us more! Netbook? Tablet? Flying car? Edible iPods?

Feb 13, 09 - 12:49 pm Comment from: Lurker_PC

Hmm... still no word on the Mac Mini.

Peace.

Feb 13, 09 - 01:12 pm Comment from: R2

Hopefully those exciting plans include at least a 3.2 megapixel camera with video recording, a universal landscape view for functions such as e-mail and copy & paste.

Feb 13, 09 - 01:57 pm Comment from: jocknerd

I'm glad development of a new Mac Pro, Mac mini, iMac, and headless consumer Mac haven't slowed down. Just imagine if Apple didn't release new versions of them within a year. Oh wait.

Feb 13, 09 - 02:10 pm Comment from: Zaphod

"Cook is no Jobs... :(

Sorry to burst bubbles here."


I think Cook has potential....

I don't think anyone could give us the same feeling as Steve, but the future is unknown. everyone seems so pessimistic about the future. But we are evolving exponentially as individuals, and collectively with technology.... Steve has done well at establishing a strong foundation. I think it gets even better.

Feb 13, 09 - 02:21 pm Comment from: doc e

@MM

Steve is not dead... sheesh...he's still involved and communicates with everyone. And do NOT underestimate Tim Cook; he's been running Apple for years and while he may not be the onstage showman that Steve is, he is very sharp, capable and more than able to keep Apple going.

Steve put together a great team and it's all still in place; have some faith...Apple is still Apple.

Feb 13, 09 - 02:24 pm Comment from: spyinthesky

MM is definitely not himself today

Feb 13, 09 - 02:27 pm Comment from: doc e

Oh and this is misleading:

"Cook, in charge of day-to-day operations WHILE Apple's chief executive officer takes medical leave through June..."

I put the emphasis on "while". He is not in charge "while" Steve is on medical leave; Tim is the COO of Apple. He runs the company, period....and has been for years.

I swear it used to be you looked to reporters to put straight the spin and misstatements of politicians, but now they're actually worse and misrepresent things all the time. I have to read EVERYthing with a grain of salt now. Not even the major, "trusted" news organizations are particularly accurate anymore.

Feb 14, 09 - 01:09 am Comment from: Gone Nuts

I will go out on a limb here and say that the original iPhone was a stop gap for the 3G version. The 3G version is really the first fully functioning iPhone with all the required features. Now the only problem is the memory issue. The thing doesn't have enough ram to support the amount of applications. The real reason it can't run multiple apps in the background is probably to do with the fact that they would crash from lack of ram. I would imagine that the next version will be more like a real mobile computer and allow for background running of aps, more ram, more battery (oh man does it need more battery time), a higher res screen, and video capture.

Feb 16, 09 - 08:57 am Comment from: vanfruniken

If TC reveals some information on future products (which, as stated above take years to develop), then such a controlled leak, it it is one, is part of Apple's proven sales strategy. I see no changes here.

Feb 17, 09 - 07:31 am Comment from: taxi

i think it needs a compass, that would be cool.

and a gerbil-detector.

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