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Tuesday, 30 October 2012 - Apple in safe hands with bigger role for Ive |
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Credit: Reuters/Rebecca Naden/pool Tue Oct 30, 2012 10:07am EDT (Reuters) - The exit of Apple Inc's longtime mobile software products chief may be a surprise, but a band of able executives led by Tim Cook and a bigger role for design boss Jonathan Ive meant the company was in good hands, analysts said on Tuesday. Ive, Apple's celebrated industrial design chief will now look into both hardware and software designs, following the departure of Scott Forstall after years of friction with other top executives. "Yesterday's announcement all but confirmed that Ive will be with the company for the foreseeable future, putting to rest a recurring investor concern of an Apple without Ive," Piper Jaffray & Co analyst Gene Munster said in a research note. "This, combined with Tim Cook's nine years remaining on his contract with Apple, suggests the two most critical management figures will be in place for the longer term." John Browett, recently hired as Apple's retail chief, will also leave, the company said on Monday. Eddy Cue, who runs online products, will lead Apple Maps and its Siri voice search software, while Craig Federighi, who oversees the OSX software that powers the Macintosh computers, will take charge of the iOS software. "We think that despite the departure of Forstall who ran iOS development, iOS's future is in good hands," Munster said. Forstall — long-time lieutenant of late Apple co-founder Steve Jobs — refused to sign a public apology after the mapping software on the latest iPhone contained embarrassing errors and drew fierce criticism, Reuters reported citing sources. His departure was years in the making, and came to a head with the Apple Maps incident, sources said. "Though Scott Forstall's departure is a surprise, this appears to be part of Tim Cook putting his own stamp on the company, and importantly, he is still surrounded by several key long-time Apple executives and innovators," Robert W. Baird & Co analyst William Power said. (Reporting by Sayantani Ghosh in Bangalore) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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