Showing posts with label coo. Show all posts
Showing posts with label coo. Show all posts

Thursday, June 16, 2011

RIM COO Leaving The Company (RIMM)


don morrison rim

Research In Motion's COO Don Morrison is leaving the company for medical reasons, the WSJ reports.

He is expected to return in the fall.

Last week we heard from a source that Morrison was going to be leaving the company, but not for medical reasons.

Our source suggested that Morrison, who has been at the company for a decade was just ready to move on to the next thing in life.

(It's possible our source was misreading the situation and Morrison really is leaving for medical reasons.)

Morrison's departure is "not a big deal" according to our source. It will be played up as RIM being in turmoil, but it's not. The real problem for RIM is that it doesn't have a deep executive bench to replace Morrison. The company's executive ranks are thin.

That's why RIM, despite having two other COOs on staff, is bringing in Larry Conlee, a former RIM exec, to fill in as a special advisor.

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RIM COO Leaving The Company (RIMM)


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Monday, February 28, 2011

Apple COO Hints At Cheaper iPhone, Saying, We Don't Want To Be For "Just The Rich" (AAPL)

tim cook

Apple COO Tim Cook strongly suggested we will see a cheaper iPhone in the near future in an interview with Bernstein analyst Toni Sacconaghi.

Cook says Apple is doing "clever things" to attack the prepaid market, because he doesn't want Apple to be "for everyone," not "just for the rich." Cook also recognizes "price is big factor in the prepaid market," but Apple is not "ceding any market."

He also says Apple has been driving into China which is "a classic prepaid market."

Add it all up, and sure sounds like Apple is ready to drop some sort of cheaper phone to open up the markets it can address.

One other thing of note from Sacconaghi: He says Apple CFO Peter Oppenheimer said Apple would not let carriers dictate terms, which Sacconaghi says reinforces, "the notion that Apple might be willing to act to disintermediate carriers with a soft-SIM."

Don't Miss: Our Comprehensive Guide To Everything iPad 2 »

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Apple COO Hints At Cheaper iPhone, Saying, We Don't Want To Be For "Just The Rich" (AAPL)


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