Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Report: Tim Cook could step down as Apple CEO 'as soon as next year'

9to5mac.com

Post reply on HN
Print view View original

111–120 of 446 posts

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#111

Post by epolanski »

wk_end wrote: post #14
epolanski wrote: post #5

Earlier quoted context omitted.

Changing chip is way too little of an accomplishment in 10+ years of leadership of what was once the biggest tech company on the planet. The company isn't growing from years, and it's only saved by the positive offset coming from advertisement and app store growth.

Listen, I don't really like the direction Apple has taken either, but since Tim Cook became CEO of Apple in August 2011 the company's stock went from like $15 to like $275; it had a value of $400 billion and now it's worth $4 trillion, ten times as much. Any characterization of him as some kind of failure who killed Apple ("once the biggest tech company on the planet", "isn't growing", "only saved"...) is completely…

As a customer and tech enthusiasts I couldn't care less about the stock performance of Apple, truly.

It's a tech company, I'm interested in the tech they produce. On that front, the company hasn't been innovative for ages.

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#112

Post by bee_rider »

harshalizee wrote: post #61
verelo wrote: post #43

Earlier quoted context omitted.

You forget, the camera gets better every year! I've had an iphone for 15 years. I mean, it's fine...i just wish there was incentive for durability and sustainability v's replace it every 12-24 months. I guess sustainability concerns at Apple ends at ensuring their stock price is sustainable.

What do you do with your phones that it doesn't last more than 24 months? I've had only two iPhones for almost 11 years. An iphone 6s and currently an iPhone 13 mini there entire time. They're solidly reliable

I’ve had a 6+ and a 12. I guess 18 should be coming along soon, maybe it will be with an upgrade. But the 12 still feels… I dunno, really quite good.

I’ve also had it in a case the whole time, if I opened a box and found this thing I don’t think I’d be unhappy. Other than the inevitable gunk that gets in the speakers and the charging hole, it could be new…

I guess it is a race between battery health (80%) and update incompatibility, to see what will kill the thing.

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#114

Post by denkmoon »

loloquwowndueo wrote: post #24
grumblingdev wrote: post #21

Yes!!! Such great news. Apple has really gone to shit. I am confronted by Apple performance and bug pain every hour of my life. I always think: how can someone think this is acceptable? Steve Jobs wouldn’t. Everything is such trash I could go on for hours. I realized a long time ago that if the person at the top doesn’t care then no one will. It seems hard to believe but it makes sense when you consider individual in…

Wow such anger. > I am confronted by Apple performance and bug pain every hour of my life. Why do you keep buying Apple then?

Everything else is even worse

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#115

Post by relyks »

paxys wrote: post #70
JumpCrisscross wrote: post #68

Earlier quoted context omitted.

> might not come tomorrow or even in the next decade …what company do you think is immune from disruption beyond the foreseeable future?

No company is immune to disruption, but plenty of them have innovation and adaptation in their DNA. IMO over the years Apple has lost that. Look at Google, or Meta, or even Microsoft. Diversified income streams. Clutch acquisitions. Massive capital investments. Data centers. Nuclear power plants. Moonshot factories. Self driving cars. AR glasses. Robots. Venture investing and dealmaking. Massive AI ambitions. Stuff t…

Tbh, Apple has a lot of future products under R&D. No one hears about it because they're very secretive.

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#116

Post by ThrowawayB7 »

paxys wrote: post #70
JumpCrisscross wrote: post #68

Earlier quoted context omitted.

> might not come tomorrow or even in the next decade …what company do you think is immune from disruption beyond the foreseeable future?

No company is immune to disruption, but plenty of them have innovation and adaptation in their DNA. IMO over the years Apple has lost that. Look at Google, or Meta, or even Microsoft. Diversified income streams. Clutch acquisitions. Massive capital investments. Data centers. Nuclear power plants. Moonshot factories. Self driving cars. AR glasses. Robots. Venture investing and dealmaking. Massive AI ambitions. Stuff t…

> Look at Google or Meta...

Yeah, look at them: https://www.visualcapitalist.com/big-tech-companies-billions... Diverse they aren't. Alphabet is broken down in to segments but several segments including the largest one all boil down to online advertising revenue.

And Microsoft was already well diversified back in 2000.

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#117

Post by jimbob45 »

verelo wrote: post #43
ryandrake wrote: post #13

Cook's been great for massively scaling Apple (and its stock price) up, but the art, vision, and soul of the company is gone. It's just a stock price maximizing lawnmower now, just like every other corporate stock price maximizing lawnmower. If that's what shareholders want, fine, I guess. But I'd be bored just manufacturing the same boring rectangles every year. I think Steve would have been, too.

You forget, the camera gets better every year! I've had an iphone for 15 years. I mean, it's fine...i just wish there was incentive for durability and sustainability v's replace it every 12-24 months. I guess sustainability concerns at Apple ends at ensuring their stock price is sustainable.

I feel like there are a lot of iPhone features being slept on. Pairing Shortcuts and Apple Intelligence lets a grandma do some powerful work that she could never have done five years ago.

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#118

Post by missedthecue »

paxys wrote: post #67
jmcgough wrote: post #41

Tim Cook at Apple was like Steve Ballmer at Microsoft. They scaled the company and made stock owners happy, but weren't true visionaries. I suppose there's a need for both types of leaders.

Microsoft's stock was flat for Ballmer's entire tenure. Investors were most definitely not happy, and that was the very reason he was forced out. Tim Cook meanwhile has grown the company 10x. It's an idiotic comparison.

Somewhat unfair. Ballmer took over at the dotcom peak. They were trading at ~70x earnings on his first day as CEO. That's the only reason MSFT stock performance under his leadership was (from start day to retire day) flat. There is no CEO who would have been able to flout the dotcom bust and maintain a 70x PE ratio for 13 years. But under his tenure, he grew revenue at one of the worlds biggest companies by almost 4x, a 10% CAGR, and EPS also increased considerably.

Also, he wasn't forced out, and the reason ValuAct was pushing for a board seat at the time was because Microsoft was falling behind in mobile and tablets. Around that time, Microsoft had taken a $900m writedown related to Surface RT.

Meanwhile, Tim Cook took over in 2011 when Apple's P/E ratio was only 13 (today it's 36). He has also obviously been a skilled operator, but stock charts by themselves don't provide all context or tell the whole story.

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#119

Post by caycep »

ryandrake wrote: post #13

Cook's been great for massively scaling Apple (and its stock price) up, but the art, vision, and soul of the company is gone. It's just a stock price maximizing lawnmower now, just like every other corporate stock price maximizing lawnmower. If that's what shareholders want, fine, I guess. But I'd be bored just manufacturing the same boring rectangles every year. I think Steve would have been, too.

it's saying a lot about the industry in that even given the above, Apple still has way more art/vision/soul than any other tech company out there...

Re: Report: Tim Cook could step down as Apple CEO 'as soon as next year'

#120

Post by cgh »

harshalizee wrote: post #61
verelo wrote: post #43

Earlier quoted context omitted.

You forget, the camera gets better every year! I've had an iphone for 15 years. I mean, it's fine...i just wish there was incentive for durability and sustainability v's replace it every 12-24 months. I guess sustainability concerns at Apple ends at ensuring their stock price is sustainable.

What do you do with your phones that it doesn't last more than 24 months? I've had only two iPhones for almost 11 years. An iphone 6s and currently an iPhone 13 mini there entire time. They're solidly reliable

Since 2010: 3GS, 6S and now an SE. All of them were dropped, submerged and generally knocked around. The SE fell off the top of a moving vehicle. I do use an Otter case.
Post reply on HN