Before resigning as CEO, Apple co-founder told key employees that he didn’t think Apple should get into the TV business because of its poor margins, according to a new book.
CBS CEO Leslie Moonves said Saturday that he was approached about a year ago by Steve Jobs to provide content for Apple’s long-rumored television service but he declined to participate.
An Apple television has been rumored for some time and as Steve Jobs’ biography has revealed, it was one of his dying wishes. But is it good idea?
The forthcoming biography of Steve Jobs reveals that he worked to build an integrated, easy-to-use Apple television set, and that he felt he had “cracked” the concept for such a device.
Apple Inc. said the company’s co-founder Steve Jobs died Wednesday. He was 56. Jobs helped change computers from a geeky hobbyist’s obsession to a necessity of modern life at work and home, and in the process he upended not just personal technology but the cellphone and music industries. For transformation of American industry, he has few rivals. By 2011, Apple had become the second-largest company of any kind in the United States by market value. In August, it briefly surpassed Exxon Mobil as the most valuable company.
The move appears to be the result of an unspecified medical condition for which he took an indefinite leave from his post in January. Apple’s chief operating officer, Tim Cook, has been named CEO.
The new, lower-priced version of Apple’s popular editing software has resulted in a firestorm of reaction. Many professional craft editors don’t like a lot of the changes, especially the inability to transfer projects from Final Cut Pro 7 to the new version. But for many television stations — on a mission to lower costs and hire less skilled personnel to spread video content to a wide array of new platforms — the $299 price tag means it may live alongside server-based news editing systems from companies such as Avid and Grass Valley.
On the eve of the Walt Disney Co.’s annual meeting Wednesday in Salt Lake City, an influential shareholder advisory firm raised questions about the decision to recommend the return of Steve Jobs to the entertainment giant’s board despite his frequent absences.
The company’s CEO told employees today that he is taking leave of absence due to health issues. As happened when he took an earlier leave in 2009, Jobs said he will continue as CEO and COO Tim Cook will take over daily operations.