Bill Donahue on Mark Gurman: Behind Phil Schiller's exit - 'Schiller was granted an options block of 150,000 shares in 2011, worth about $60 million, just to secure his employment until 2016. He’s regularly exercised and sold options along the way, including a ~$39M block in 2012, and an $18.6 million block in 2013. In 2020, he apparently still had stock worth $18.8M, after exercising sales of $74M over the years. On top of whatever he’s been paid over the last 30+ years. Something tells me Phil will be okay financially. And has a lot more than $5 million to ease his decision to retire.'
on The last meeting of Tim Cook's last day as Apple CEO - 'It does sometimes make me sad that my 1984 Mac got lost in “cleaning up” activities. I new I wanted it, but as a kid, I admit, I didn’t have *that kind* of an eye for the future. But I do still have two G4 Cubes as “bookends” on my fireplace mantle. (Neither one has a hard drive anymore, because I shredded those, but I do still have the rest of the hardware. Also, unfortuntely broke the Original Apple Cinema Display, otherwise I would have the MOMA Exhibit right in my own home.)'
on U.S. markets are closed for Labor Day - 'Re: “But the Apple news flow never stops.” And neither do you, PED. On Labor Day, we salute your labor in creating this site…'
on The last meeting of Tim Cook's last day as Apple CEO - 'Thank you Tim, from me and my family. We are grateful for your outstanding stewardship of this incredible company.'
on Horace Dediu: How Apple finally won the enterprise buyer's heart - 'Read this on Asymco One back on Friday, then watched the dummies push the price under Max Pain. Fine by me. The gap between the average price (now about $75/share) Apple has paid to buy back 44% of its stock over the 12.5 years since buybacks began just keeps widening, and our net worth keeps increasing faster than inflation. Nice weather here at the deck chairs of the Good Ship Apple….'
on Mark Gurman: Behind Phil Schiller's exit - 'Starz – $10.99/month after seven days free Peacock – $19.99/month after seven days free FOX One – $19.99/month after seven days free HBO Max – from $9.99/month Paramount+ – $7.99/month after seven days free Apple TV – $14.99/month after seven days free Mubi – $14.99/month after seven days free BritBox – $10.99/month after seven days free Acorn TV – $8.99/month after seven days Not listed is Amazon TV, that is included with a Prime subscription at $14.99, but is increasingly a pay per view service. Seems to me that Apple TV’s price is just keeping up with the market, and is the only service broadcasting 100% exclusive material. Also, it’s been a very long time coming, but when Apple Vision Pro content arrives Apple TV will offer content not available on any other service. I’m sure that content will be offered as a separate tier, at a higher cost, but from the reviews of NBA and MLB demo games, will be well worth it. Further, I think AppleTV price increases were the doings of Schiller. I do not think he was opposed to them.'
on This week's Apple trading strategies (9/7-9/11/26) - 'This is a reminder US markets are closed tomorrow (Monday) in observance of the Labor Day holiday.'
on The last meeting of Tim Cook's last day as Apple CEO - 'I got one also! Seen the inside many times back then.'
on The last meeting of Tim Cook's last day as Apple CEO - 'Love that he connected with frontline Apple Store employees. They’re great ambassadors for the company and are part of the reason that I love visiting, even if I don’t need to buy anything.'
on Mark Gurman: Behind Phil Schiller's exit - 'Stephen Gordon said: “Dalrymple also said Apple needed to get rid of three people: Tim Cook, Craig Federighi, Luca Maestri.” **Steven, I’m not sure why Dalrymple disliked Tim Cook as Apple C.E.O., but the Apple share price was $14.46 at the end of 2011, the year Tim Cook became Apple C.E.O., and was $319.97 at market close last Friday. That’s an increase of almost 2113% in about 15 years. Personally, I’m of the conviction that Tim Cook was partially responsible for that gain in the Apple share price.'
on Mark Gurman: Behind Phil Schiller's exit - 'There are somewhere between 34 and 64 million developers (AI) making apps for the iPhone. Most do so paying zero to use the app store. I don’t believe that asking them to pay a few bucks is ‘squeezing’. It’s definitely not squeezing to require those developers making millions and billions to pay their share (here’s to you, Mr. Sweeney).'
