Mac OS Ken: 03.05.2014

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 5 March 2014

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple CFO Peter Oppenheimer Announces September Retirement Fortune: Oppenheimer Staying Until September for $53 Million in Stock Analysts Express Confidence in Apple CFO Succession IDC Sees Less Than Zero Growth for PCs Through 2018 Judge Reluctantly Considers Killing Access to Apple Sites in Belgium Corning Exec Bashes Sapphire Get 10% Off of Your Squarespace Order with Coupon Code macosken at

Transcript

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0:00.0	This edition of Maco-ASAN brought to you by Squarespace to do-it-yourself site builder with everything
0:05.6	you need to create an exceptional website.
0:08.1	Find out more and get your two-week free trial at square space dot com. This is MacO-S-Kinn.
0:25.0	Peter Oppenheimer pulls a slow fast one.
0:29.0	Wall Street is fine with it and Corning tries to break the sapphire spell. It's Wednesday, March 5th, 2014. I'm Ken Ray and this is news from
0:39.0	Maco-S-Kan brought to you by yours truly and supported by iChart magazine, putting
0:45.0	Apple and Tech News in focus E-Y-E-I-Chart magazine, available for
0:55.0	I.
1:00.0	I always when there was speculation in Forbes that Apple Chief Financial Officer
0:58.0	Peter Oppenheimer might retire at the Coopertino Company's 28 February
1:02.0	shareholders meeting.
1:04.4	Then the meeting happened and the retirement announcement did not happen and probably very few people
1:08.8	thought anything of it.
1:10.6	Then it was announced that Oppenheimer had taken a seat on the board of Goldman Sachs and seriously nobody was thinking that Apple's CFO was about to retire.
1:18.0	You probably heard what happened yesterday.
1:21.0	Apple sent out a press release announcing the retirement of its
1:24.0	CFO Peter Oppenheimer to be replaced by Apple's VP of finance and corporate
1:28.7	controller Luca Meestry. Hats off by the way to Forbes contributor Chuck Jones. He seems to have been the only
1:35.8	one to see this coming. Apple sought in its announcement to make it clear that there was no
1:40.9	palace intrigue in Oppenheimer's plan to exit. For starters it was
1:45.0	planned exit.
1:46.0	Oppenheimer is not leaving until the end of September,
	...

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