The rumor seems to have emanated from Fly On The Wall, a site that serves up gossip to the investing community.
Therefore, we aren't buying this one just yet.
The rumor has affected Apple's stock price causing a $20 drop at the opening of the market today. Tim Cook has been considered one of the possible successors to Steve Jobs for the CEO position at Apple.
Cook took over duties CEO duties from Steve Jobs in early 2009 during Jobs' liver transplant and subsequent recovery.
Update: Barrons reports that Gleacher & Co.s Brian Marshall actually spoke to Tim Cook this morning and Cook denies the rumor:
Tim Cook will not be going to HP, he loves Apple, Marshall tells me Cook told him.
Following nearly two years of rumors about a fourth-generation iPhone SE, The Information today reported that Apple suppliers are finally planning to begin ramping up mass production of the device in October of this year. If accurate, that timeframe would mean that the next iPhone SE would not be announced alongside the iPhone 16 series in September, as expected. Instead, the report...
Key details about the overall specifications of the iPhone 17 lineup have been shared by the leaker known as "Ice Universe," clarifying several important aspects of next year's devices. Reports in recent months have converged in agreement that Apple will discontinue the "Plus" iPhone model in 2025 while introducing an all-new iPhone 17 "Slim" model as an even more high-end option sitting...
Wednesday July 24, 2024 9:06 am PDT by Joe Rossignol
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Thursday July 25, 2024 5:43 am PDT by Tim Hardwick
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