Apple Appoints New Chief Hardware Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 hours ago
0mins
Should l Buy AAPL?
Source: seekingalpha
- Executive Appointment: Apple has appointed Johny Srouji as Chief Hardware Officer, effective immediately, previously serving as Senior Vice President of Hardware Technologies, highlighting the company's commitment to hardware innovation.
- Organizational Restructuring: The new Chief Hardware Officer will lead a consolidated team organized into five key areas: hardware engineering, silicon, advanced technologies, platform architecture, and project management, aimed at enhancing product development efficiency and technological integration.
- Leadership Transition: With Tim Cook stepping down as CEO on September 1 to become Executive Chairman, John Ternus will take over as CEO, further driving Apple's strategic development in the hardware sector.
- Extensive Experience: Since joining Apple in 2008, Srouji has led the development of the A4 chip and previously held senior positions at Intel and IBM, bringing valuable processor development experience that supports Apple's hardware innovation.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 270.230
Low
239.00
Averages
306.89
High
350.00
Current: 270.230
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. Its services include advertising, AppleCare, cloud services, digital content and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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