• Steve Jobs Calls Report of Apple CEO Succession Plan 'Hogwash'



    Try as they might, not even the news titans at the Wall Street Journal could steal Apple's thunder today. Shortly before Apple obliterated "the street" by posting record Q3 earnings and revenue, the WSJ reported the following with regard to the future leadership of the Cupertino, California-based company:

    Some members of Apple Inc.'s board have discussed CEO succession with executive recruiters and at least one head of a high-profile technology company, according to people familiar with the matter.
    The article implies but does not explicitly cite Steve Jobs' ongoing health problems as the most recent impetus for concern that a new CEO succession plan should be installed. While it seems to me that perhaps someone at the WSJ doesn't like Steve Jobs and endeavored to undercut his mojo on a day of record sales and earnings success, Jobs isn't taking the report lightly. In fact, he responded to the WSJ's inquiry saying that talk of heightened concern about a succession plan is "hogwash."

    Currently, Steve Jobs, at age 56, is on his second medical leave of absence from Apple within the last two years. Still, whenever Apple has a new product to introduce or major announcement to make, it's usually Steve Jobs who takes the stage and relishes the opportunity to let his company shine - occasions that tend to reduce talk of CEO succession plans for a while.

    Looks like we're due for another.

    Source: WSJ
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