Apple is shrinking its Mac computer and bringing out a tablet that is small enough to be carried in a handbag but big enough for comfortable web surfing, newspaper reading and watching movies. The computer will revolutionize laptops as we know them because it is one flat touch-screen device without a keyboard.
Speculations have reached a feverish pitch that by 2010, the revolutionary touch-screen gadget will be in a store near you. Blogs are alive with rumours that the tablet’s launch will be announced in September by Steve Jobs, Apple founder and CEO, and launched in time for the Christmas market, reports the Telegraph.
The product is believed to have been in development for the past six years, with Jobs personally involved over the last two. If the speculation is true, it could be the next technological breakthrough for Apple, which has sold more than 200 million iPods since its launch in 2001. The tablet will be billed as the solution for people who work a lot on the move, but don’t want to be burdened with a laptop.
Pundits are predicting that our lives will never be the same. “People expect it to be the ultimate Apple surprise. This thing will knock people’s socks off,”Leander Kahney, a blogger and author of The Cult of Mac, told the Observer.
“Apple will totally rejig the computing experience. You won’t manipulate a keyboard and mouse any more but rather use an intuitive touch-screen. It will very tactile. It will be a whole new paradigm.”
Gene Munster, a technology research analyst, estimated that the tablet, with an onscreen keyboard like the iPhone, would cost around $600, putting it between the high-end iPod Touch at $399 and the Mac-Book, which starts at $999.
Agencies
Showing posts with label Steve Jobs. Show all posts
Showing posts with label Steve Jobs. Show all posts
Tuesday, August 25, 2009
Sunday, August 23, 2009
$1 salary for Oracle CEO Larry Ellison
Oracle CEO Larry Ellison will receive a base salary of $1 for fiscal 2010, according to a regulatory document filed Friday.
That's a decrease of $999,999 from last year. But Ellison won't exactly be starving. He is the world's fourth wealthiest person, according to Forbes.
And according to Oracle's filing with the Securities and Exchange Commission, Ellison's base pay of $1 million in fiscal 2009 only accounted for 1.2 percent of his total compensation anyway. Ninety-seven percent was in the form of stock.
Still, Ellison's new $1 base pay puts him on the salary pedestal with the likes of Apple CEO Steve Jobs and Google co-founders Sergey Brin and Larry Page.
"The compensation committee recognizes that Mr. Ellison has a significant equity interest in Oracle, but believes he should still receive annual compensation because Mr. Ellison plays an active and vital role in our operations, strategy and growth. Nevertheless, during fiscal 2010, Mr. Ellison agreed to decrease his annual salary to $1," Oracle said in the filing.
Oracle's fiscal 2010 began June 1.
Ellison, who is 64, founded Oracle in 1977. According to the SEC filing, he owns 1.18 billion shares of Oracle, or 23.4 percent of the company's total stock.
Agencies
That's a decrease of $999,999 from last year. But Ellison won't exactly be starving. He is the world's fourth wealthiest person, according to Forbes.
And according to Oracle's filing with the Securities and Exchange Commission, Ellison's base pay of $1 million in fiscal 2009 only accounted for 1.2 percent of his total compensation anyway. Ninety-seven percent was in the form of stock.
Still, Ellison's new $1 base pay puts him on the salary pedestal with the likes of Apple CEO Steve Jobs and Google co-founders Sergey Brin and Larry Page.
"The compensation committee recognizes that Mr. Ellison has a significant equity interest in Oracle, but believes he should still receive annual compensation because Mr. Ellison plays an active and vital role in our operations, strategy and growth. Nevertheless, during fiscal 2010, Mr. Ellison agreed to decrease his annual salary to $1," Oracle said in the filing.
Oracle's fiscal 2010 began June 1.
Ellison, who is 64, founded Oracle in 1977. According to the SEC filing, he owns 1.18 billion shares of Oracle, or 23.4 percent of the company's total stock.
Agencies
Tuesday, July 28, 2009
Apple,Palm battle it for the smartphone market
Palm Inc has fired another volley at Apple Inc in their smartphone war, as the two rivals tussle over whether iTunes should be compatible with Palm's new Pre smartphone.
Palm, whose executive ranks include former Apple brass, released a software update for the Pre this week that allows it to sync again with Apple's iTunes media management software.
The move comes after Apple last week issued its own software update to close a loophole in iTunes that had allowed it to sync with the Pre. ITunes is designed to work with Apple's iPod and iPhone products.
Palm mimicks Steve Jobs
Palm announced the software update in a blog post that mimicked Steve Jobs' signature catchphrase "Oh, and one more thing," which the Apple chief executive has often used to announce a brand new product.
"Oh, and one more thing: Palm webOS 1.1 re-enables Palm media sync. That's right -- you once again can have seamless access to your music, photos and videos from the current version of iTunes (8.2.1)," said Palm's blog posted late on Thursday.
It was not immediately clear when Apple may issue another software patch to counter Palm's move. When asked for comment, an Apple spokesman said, "As we've said before, newer versions of Apple's iTunes software may no longer provide syncing functionality with unsupported digital media players.
$200 Pre was launched in June
The $200 Pre launched in early June as a competitor to Apple Inc.'s iPhone, became the first non-Apple device that could connect directly to iTunes. Palm launched the Pre to good reviews, seeking to win a slice of the touch screen smartphone market now dominated by Apple's iPhone. Prior to the launch, Palm had touted that the Pre "synchronizes seamlessly with iTunes."
RBC Capital Markets analyst Mike Abramsky estimates Palm has sold 325,000 to 375,000 Pre phones so far, ahead of expectations. In comparison, Apple sold more than a million iPhone 3GS units in the first three days on the market.
While analysts and the Pre's carrier, Sprint Nextel Corp, have said it's too soon to know if the phone will be a real hit, it has already sparked a huge rally in Palm shares this year.
War with Apple generating plenty of drama
Avian Securities analyst Matthew Thornton said the war with Apple is generating plenty of drama, even though few Pre users bought their phone with the intention of syncing with iTunes.
"There's a lot of hype around it," he said, noting that some senior Palm personnel formerly worked at Apple, making the rivalry between the two companies seem that much sharper even if the dispute will likely have a limited economic impact.
Palm Chief Executive Jon Rubinstein had helped create the iPod, and senior vice president of product development Mike Bell also used to work at Apple.
Rubinstein was brought in as Palm's executive chairman from Apple
Rubinstein was brought in as Palm's executive chairman when private equity firm Elevation Partners bought a stake in the company in 2007, and he was named CEO last month. Elevation's co-founders include tech investor Roger McNamee, former Apple Chief Financial Officer Fred Anderson and singer Bono.
Kaufman Bros analyst Shaw Wu called Palm's move a "modest negative" for the company.
"While we acknowledge this is a short-term fix, frankly, we would have preferred Palm respond in a more professional and mature fashion," he wrote in a research note. "We do not believe hacking third-party software to work with one's hardware is a viable long-term business model, especially for a publicly traded company."
Palm was a pioneer of handheld devices
Palm was a pioneer of handheld devices, but has fallen well behind competitors like Apple and BlackBerry maker Research in Motion Ltd.
"Palm believes that openness and interoperability offer better experiences for users by allowing them the freedom to use the content that they own without interference across devices and services," Palm spokeswoman Leslie Letts said.
Indiatimes
Palm, whose executive ranks include former Apple brass, released a software update for the Pre this week that allows it to sync again with Apple's iTunes media management software.
The move comes after Apple last week issued its own software update to close a loophole in iTunes that had allowed it to sync with the Pre. ITunes is designed to work with Apple's iPod and iPhone products.
Palm mimicks Steve Jobs
Palm announced the software update in a blog post that mimicked Steve Jobs' signature catchphrase "Oh, and one more thing," which the Apple chief executive has often used to announce a brand new product.
"Oh, and one more thing: Palm webOS 1.1 re-enables Palm media sync. That's right -- you once again can have seamless access to your music, photos and videos from the current version of iTunes (8.2.1)," said Palm's blog posted late on Thursday.
It was not immediately clear when Apple may issue another software patch to counter Palm's move. When asked for comment, an Apple spokesman said, "As we've said before, newer versions of Apple's iTunes software may no longer provide syncing functionality with unsupported digital media players.
$200 Pre was launched in June
The $200 Pre launched in early June as a competitor to Apple Inc.'s iPhone, became the first non-Apple device that could connect directly to iTunes. Palm launched the Pre to good reviews, seeking to win a slice of the touch screen smartphone market now dominated by Apple's iPhone. Prior to the launch, Palm had touted that the Pre "synchronizes seamlessly with iTunes."
RBC Capital Markets analyst Mike Abramsky estimates Palm has sold 325,000 to 375,000 Pre phones so far, ahead of expectations. In comparison, Apple sold more than a million iPhone 3GS units in the first three days on the market.
While analysts and the Pre's carrier, Sprint Nextel Corp, have said it's too soon to know if the phone will be a real hit, it has already sparked a huge rally in Palm shares this year.
War with Apple generating plenty of drama
Avian Securities analyst Matthew Thornton said the war with Apple is generating plenty of drama, even though few Pre users bought their phone with the intention of syncing with iTunes.
"There's a lot of hype around it," he said, noting that some senior Palm personnel formerly worked at Apple, making the rivalry between the two companies seem that much sharper even if the dispute will likely have a limited economic impact.
Palm Chief Executive Jon Rubinstein had helped create the iPod, and senior vice president of product development Mike Bell also used to work at Apple.
Rubinstein was brought in as Palm's executive chairman from Apple
Rubinstein was brought in as Palm's executive chairman when private equity firm Elevation Partners bought a stake in the company in 2007, and he was named CEO last month. Elevation's co-founders include tech investor Roger McNamee, former Apple Chief Financial Officer Fred Anderson and singer Bono.
Kaufman Bros analyst Shaw Wu called Palm's move a "modest negative" for the company.
"While we acknowledge this is a short-term fix, frankly, we would have preferred Palm respond in a more professional and mature fashion," he wrote in a research note. "We do not believe hacking third-party software to work with one's hardware is a viable long-term business model, especially for a publicly traded company."
Palm was a pioneer of handheld devices
Palm was a pioneer of handheld devices, but has fallen well behind competitors like Apple and BlackBerry maker Research in Motion Ltd.
"Palm believes that openness and interoperability offer better experiences for users by allowing them the freedom to use the content that they own without interference across devices and services," Palm spokeswoman Leslie Letts said.
Indiatimes
Wednesday, July 15, 2009
Who can replace Steve Jobs?
Apple is often seen synonymous with its CEO Steve Jobs. The company's charismatic CEO is regarded as Apple's face and soul by many. In fact, till a few months back it was tough to imagine Apple without its CEO Steve Jobs. Little doubt then that the news about Steve Jobs taking a medical leave sent the company's stocks plummeting.
The investors as well as the analysts linked the company's fortune with Jobs’ health. Most couldn't comprehend an Apple without Steve Jobs. However, Jobs’ five-month long medical leave seems to have changed the perception somewhat. Analysts believe that investors have gotten comfortable with Apple's management team as well as their ability to run the company without Jobs' oversight.
But the big question still remains: in case the CEO Jobs retires due to health or other reasons who will replace him? Who can sustain Apple's glory? So far Apple has been silent on any succession plan.
Fortune magazine listed the men who can fit into CEO Jobs’ shoes. Here's over to Apple's potential CEOs.
Timothy D Cook (Chief operating officer)
The top contender for the post of Apple's next CEO is Timothy D Cook, Apple's Chief operating officer.
Responsible for the company's worldwide sales and operations, he was the man in-charge for running Apple when Steve Jobs went on medical leave this year in January. In 2004 too when Jobs underwent surgery for a rare form of pancreatic cancer, Cook rightly filled his place.
An IBM & Compaq veteran, Cook was brought on in 1998 to overhaul Apple’s inefficient manufacturing and logistics. At the time, the company’s Macintosh customers were switching to cheaper machines from Dell Inc and Hewlett-Packard Co.
Born in Mobile, Alabama, Cook earned an engineering degree from Auburn University and went on to do Master's of Business Administration from Duke University in North Carolina.
He sits on the board at Nike Inc, the world’s largest maker of sneakers, and is an avid biker. Cook also has a passion for cycling.
Ron Johnson (Senior vice president, retail)
Another potential successor to Steve Jobs is Ron Johnson, Apple's senior vice president, retail.
Johnson, who joined in January 2000, reports directly to CEO Steve Jobs. Johnson leads Apple's retail strategy and is responsible for its overall execution and performance.
Having spent more than 20 years of experience in retail and merchandising, Johnson is credited for opening over 200 Apple stores. Before joining Apple, Johnson held various management positions at the Target Corporation, most recently as Vice President of Merchandising for Target Stores.
Johnson did MBA from Harvard and his Bachelor of Arts in Economics from Stanford University.
Philip W Schiller (Senior vice president, worldwide product marketing)
Another contender for the Apple's top job is Philip W Schiller, credited for delivering Apple's most popular products, including iPhone, iPod, Safari and Macbook.
Schiller is Apple’s senior vice president of worldwide product marketing and reports directly to Steve Jobs. A member of Apple’s executive team, he is responsible for the company’s product marketing, developer relations, and business marketing programs.
Prior to Apple, Schiller served as Vice President of Product Marketing at Macromedia, Inc of San Francisco, as Director of Product Marketing at FirePower Systems, Inc of Menlo Park, as an Information Technology Manager at Nolan, Norton & Company of Lexington, and as a Programmer and Systems Analyst at Massachusetts General Hospital in Boston.
Having over twenty four years of marketing and management experience, Schiller graduated with a Bachelor of Science degree in Biology from Boston College in 1982.
Scott Forstall (Senior vice president, iPhone software)
Having joined Apple in the year 1997, alongwith Steve Jobs, Scott Forstall, Senior vice president, iPhone software, is another key contender for Apple's CEO post.
Forstall leads the team responsible for delivering software of Apple iPhone including the user interface, applications, frameworks and operating system.
Forstall is credited for the original architects of Mac OS X and its Aqua user interface. He was responsible for several releases of the operating system, most importantly Mac OS X Leopard. Before Apple, he worked at NeXT developing core technologies.
Forstall received both a Bachelor of Science in Symbolic Systems and a Master of Science in Computer Science from Stanford University.
Jonathan Ive (Senior vice president, industrial design)
The man credited for designing key Apple products, Jonathan Ive, senior vice president, industrial design, too figures in the potential CEO's list.
Joining Apple in 1996, London born designer Jonathan Ive has been responsible for leading Apple's design team.
Ive holds a Bachelor of Arts and an honorary doctorate from Newcastle Polytechnic. In 2003 he was named Designer of the Year by the Design Museum London and awarded the title Royal Designer for Industry by The Royal Society of Arts.
Peter Oppenheimer (Chief financial officer)
Another prime contender for the job of Apple CEO is chief financial officer, Peter Oppenheimer. Joining Apple in July 1996, Oppenheimer has been CFO of the company since June 2004. Oppenheimer has also served Apple as vice president and corporate controller and as senior director of finance for Americas.
In his capacity as CFO, Oppenheimer oversees the controller, treasury, investor relations, tax, information systems, internal audit and facilities functions. He reports to the CEO and serves on the company’s executive committee.
Prior to joining Apple, Oppenheimer was CFO of one of the four business units for Automatic Data Processing, Inc (ADP). Before that, Oppenheimer spent six years in the Information Technology Consulting Practice with Coopers and Lybrand.
Oppenheimer received a bachelors degree from California Polytechnic University, San Luis Obispo and an MBA from the University of Santa Clara, both with honors.
Bertrand Serlet (Senior vice president, software engineering)
Another front runner for the Apple CEO's post is the company's senior vice president of software engineering, Bertrand Serlet.
Credited for the release of Mac OS X Tiger and Leopard, Serlet is responsible for leading Apple's Software Engineering group. He reports directly to Steve Jobs.
Having joined Apple in 1997, Serlet has played a key role in the definition, development and creation of Mac OS X. As vice president of Platform Technology, Serlet managed the largest part of the Mac OS software engineering group. Prior to joining Apple, Serlet spent 4 years at Xerox PARC and then joined NeXT in 1989.
Serlet holds a doctorate in Computer Science from the University of Orsay, France.
Sina Tamaddon (Senior vice president, applications)
Another NeXT veteran who is said to possess the capability to fit into Steve Jobs' shoes is Sina Tamaddon, senior vice president, applications.
Tamaddon joined Apple in 1997, the same year when Steve Jobs came back to Apple. He has also been the company's senior vice president, worldwide service and support, and vice president and general manager, Newton Group.
Before joining Apple, Tamaddon was NeXT's vice president, Europe from September 1996 through March 1997. From August 1994 to August 1996, Tamaddon was vice president, professional services with NeXT.
Daniel Cooperman (Senior vice president, general counsel and secretary)
Apple's chief legal officer, Daniel Cooperman, too is said to be in the race for Apple's CEO job.
Responsible for Apple’s legal department, Cooperman looks into worldwide legal policies, corporate governance, securities compliance, commercial licensing, intellectual property, employment law, litigation, patent law, mergers and acquisitions and legal support for Apple’s various business units. Cooperman also manages Apple’s Government Affairs and Global Security groups.
Cooperman came to Apple from Oracle in November 2007, where he was General Counsel. He was with Oracle for 11 years. Cooperman currently serves on the Board of Directors of Business Software Alliance, a trade association in the software industry. He is president of the Association of General Counsel and is on the Advisory Council for the Law, Science and Technology Program at Stanford Law School.
Before Oracle, he was a partner with the San Francisco-based law firm of McCutchen, Doyle, Brown & Enersen (now known as Bingham McCutchen), and served as chair of the firm's 65-lawyer Business & Transactions Group and managing partner of the San Jose office.
Bob Mansfield (Senior vice president, Mac hardware engineering)
The man credited for delivering Mac products, Bob Mansfield, senior vice president of Macintosh Hardware Engineering, too figures in the list of potential Apple CEOs.
Reporting to Tim Cook, Apple's chief operating officer, Bob oversees the team that has delivered products including MacBook Air and the all-in-one iMac line.
Prior to joining Apple in 1999, Bob was vice president of Engineering at Raycer Graphics, which Apple acquired. Previously, Mansfield was a senior director at SGI, responsible for the development of various microprocessor designs.
Mansfield earned a BSEE degree from The University of Texas at Austin in 1982.
Indiatimes
The investors as well as the analysts linked the company's fortune with Jobs’ health. Most couldn't comprehend an Apple without Steve Jobs. However, Jobs’ five-month long medical leave seems to have changed the perception somewhat. Analysts believe that investors have gotten comfortable with Apple's management team as well as their ability to run the company without Jobs' oversight.
But the big question still remains: in case the CEO Jobs retires due to health or other reasons who will replace him? Who can sustain Apple's glory? So far Apple has been silent on any succession plan.
Fortune magazine listed the men who can fit into CEO Jobs’ shoes. Here's over to Apple's potential CEOs.
Timothy D Cook (Chief operating officer)
The top contender for the post of Apple's next CEO is Timothy D Cook, Apple's Chief operating officer.
Responsible for the company's worldwide sales and operations, he was the man in-charge for running Apple when Steve Jobs went on medical leave this year in January. In 2004 too when Jobs underwent surgery for a rare form of pancreatic cancer, Cook rightly filled his place.
An IBM & Compaq veteran, Cook was brought on in 1998 to overhaul Apple’s inefficient manufacturing and logistics. At the time, the company’s Macintosh customers were switching to cheaper machines from Dell Inc and Hewlett-Packard Co.
Born in Mobile, Alabama, Cook earned an engineering degree from Auburn University and went on to do Master's of Business Administration from Duke University in North Carolina.
He sits on the board at Nike Inc, the world’s largest maker of sneakers, and is an avid biker. Cook also has a passion for cycling.
Ron Johnson (Senior vice president, retail)
Another potential successor to Steve Jobs is Ron Johnson, Apple's senior vice president, retail.
Johnson, who joined in January 2000, reports directly to CEO Steve Jobs. Johnson leads Apple's retail strategy and is responsible for its overall execution and performance.
Having spent more than 20 years of experience in retail and merchandising, Johnson is credited for opening over 200 Apple stores. Before joining Apple, Johnson held various management positions at the Target Corporation, most recently as Vice President of Merchandising for Target Stores.
Johnson did MBA from Harvard and his Bachelor of Arts in Economics from Stanford University.
Philip W Schiller (Senior vice president, worldwide product marketing)
Another contender for the Apple's top job is Philip W Schiller, credited for delivering Apple's most popular products, including iPhone, iPod, Safari and Macbook.
Schiller is Apple’s senior vice president of worldwide product marketing and reports directly to Steve Jobs. A member of Apple’s executive team, he is responsible for the company’s product marketing, developer relations, and business marketing programs.
Prior to Apple, Schiller served as Vice President of Product Marketing at Macromedia, Inc of San Francisco, as Director of Product Marketing at FirePower Systems, Inc of Menlo Park, as an Information Technology Manager at Nolan, Norton & Company of Lexington, and as a Programmer and Systems Analyst at Massachusetts General Hospital in Boston.
Having over twenty four years of marketing and management experience, Schiller graduated with a Bachelor of Science degree in Biology from Boston College in 1982.
Scott Forstall (Senior vice president, iPhone software)
Having joined Apple in the year 1997, alongwith Steve Jobs, Scott Forstall, Senior vice president, iPhone software, is another key contender for Apple's CEO post.
Forstall leads the team responsible for delivering software of Apple iPhone including the user interface, applications, frameworks and operating system.
Forstall is credited for the original architects of Mac OS X and its Aqua user interface. He was responsible for several releases of the operating system, most importantly Mac OS X Leopard. Before Apple, he worked at NeXT developing core technologies.
Forstall received both a Bachelor of Science in Symbolic Systems and a Master of Science in Computer Science from Stanford University.
Jonathan Ive (Senior vice president, industrial design)
The man credited for designing key Apple products, Jonathan Ive, senior vice president, industrial design, too figures in the potential CEO's list.
Joining Apple in 1996, London born designer Jonathan Ive has been responsible for leading Apple's design team.
Ive holds a Bachelor of Arts and an honorary doctorate from Newcastle Polytechnic. In 2003 he was named Designer of the Year by the Design Museum London and awarded the title Royal Designer for Industry by The Royal Society of Arts.
Peter Oppenheimer (Chief financial officer)
Another prime contender for the job of Apple CEO is chief financial officer, Peter Oppenheimer. Joining Apple in July 1996, Oppenheimer has been CFO of the company since June 2004. Oppenheimer has also served Apple as vice president and corporate controller and as senior director of finance for Americas.
In his capacity as CFO, Oppenheimer oversees the controller, treasury, investor relations, tax, information systems, internal audit and facilities functions. He reports to the CEO and serves on the company’s executive committee.
Prior to joining Apple, Oppenheimer was CFO of one of the four business units for Automatic Data Processing, Inc (ADP). Before that, Oppenheimer spent six years in the Information Technology Consulting Practice with Coopers and Lybrand.
Oppenheimer received a bachelors degree from California Polytechnic University, San Luis Obispo and an MBA from the University of Santa Clara, both with honors.
Bertrand Serlet (Senior vice president, software engineering)
Another front runner for the Apple CEO's post is the company's senior vice president of software engineering, Bertrand Serlet.
Credited for the release of Mac OS X Tiger and Leopard, Serlet is responsible for leading Apple's Software Engineering group. He reports directly to Steve Jobs.
Having joined Apple in 1997, Serlet has played a key role in the definition, development and creation of Mac OS X. As vice president of Platform Technology, Serlet managed the largest part of the Mac OS software engineering group. Prior to joining Apple, Serlet spent 4 years at Xerox PARC and then joined NeXT in 1989.
Serlet holds a doctorate in Computer Science from the University of Orsay, France.
Sina Tamaddon (Senior vice president, applications)
Another NeXT veteran who is said to possess the capability to fit into Steve Jobs' shoes is Sina Tamaddon, senior vice president, applications.
Tamaddon joined Apple in 1997, the same year when Steve Jobs came back to Apple. He has also been the company's senior vice president, worldwide service and support, and vice president and general manager, Newton Group.
Before joining Apple, Tamaddon was NeXT's vice president, Europe from September 1996 through March 1997. From August 1994 to August 1996, Tamaddon was vice president, professional services with NeXT.
Daniel Cooperman (Senior vice president, general counsel and secretary)
Apple's chief legal officer, Daniel Cooperman, too is said to be in the race for Apple's CEO job.
Responsible for Apple’s legal department, Cooperman looks into worldwide legal policies, corporate governance, securities compliance, commercial licensing, intellectual property, employment law, litigation, patent law, mergers and acquisitions and legal support for Apple’s various business units. Cooperman also manages Apple’s Government Affairs and Global Security groups.
Cooperman came to Apple from Oracle in November 2007, where he was General Counsel. He was with Oracle for 11 years. Cooperman currently serves on the Board of Directors of Business Software Alliance, a trade association in the software industry. He is president of the Association of General Counsel and is on the Advisory Council for the Law, Science and Technology Program at Stanford Law School.
Before Oracle, he was a partner with the San Francisco-based law firm of McCutchen, Doyle, Brown & Enersen (now known as Bingham McCutchen), and served as chair of the firm's 65-lawyer Business & Transactions Group and managing partner of the San Jose office.
Bob Mansfield (Senior vice president, Mac hardware engineering)
The man credited for delivering Mac products, Bob Mansfield, senior vice president of Macintosh Hardware Engineering, too figures in the list of potential Apple CEOs.
Reporting to Tim Cook, Apple's chief operating officer, Bob oversees the team that has delivered products including MacBook Air and the all-in-one iMac line.
Prior to joining Apple in 1999, Bob was vice president of Engineering at Raycer Graphics, which Apple acquired. Previously, Mansfield was a senior director at SGI, responsible for the development of various microprocessor designs.
Mansfield earned a BSEE degree from The University of Texas at Austin in 1982.
Indiatimes
Friday, January 23, 2009
Apple logs record $10-bn sales; beats recession
Apple Inc rose as much as 6.8% in Nasdaq trading as holiday demand beat estimates last quarter, helping allay concerns the recession and the absence of Chief Executive Officer Steve Jobs will stymie growth.
Overseas demand for iPod players, Macintosh computers and iPhones offset a US slowdown and pushed quarterly sales past $10 bn for the first time, Apple said. Analysts had expected profit to drop for the first time in five years.
The cachet of Apple’s products helped the company maintain orders and command premium prices, even as the economy shrank, job losses swelled and consumer lending dried up. By updating models and pushing into new countries, Apple was able to shrug off the worst holiday shopping season in four decades. The company also is coping with the temporary loss of its CEO, who is giving up his day-to-day role until June to take a medical leave.
“It shows that people, even in a downturn, like Apple products and want to buy them,” said Andy Hargreaves, an analyst with Pacific Crest Securities in Portland, Oregon. He’s one of 25 analysts tracked by Bloomberg who recommend buying the shares.
First-quarter net income rose 1.5% to $1.61 bn, or $1.78 a share, from $1.58 bn, or $1.76, a year earlier, Apple said. Sales rose 5.8% to $10.2 bn in the period ended December 27. Analysts in a Bloomberg survey estimated profit of $1.39 a share and sales of $9.76 bn.
Analysts had predicted a drop in profit after sales at US retailers fell more than twice as much as forecast in December, the sixth straight month of declines. The US accounts for more than half of Apple’s revenue.
Agencies
Overseas demand for iPod players, Macintosh computers and iPhones offset a US slowdown and pushed quarterly sales past $10 bn for the first time, Apple said. Analysts had expected profit to drop for the first time in five years.
The cachet of Apple’s products helped the company maintain orders and command premium prices, even as the economy shrank, job losses swelled and consumer lending dried up. By updating models and pushing into new countries, Apple was able to shrug off the worst holiday shopping season in four decades. The company also is coping with the temporary loss of its CEO, who is giving up his day-to-day role until June to take a medical leave.
“It shows that people, even in a downturn, like Apple products and want to buy them,” said Andy Hargreaves, an analyst with Pacific Crest Securities in Portland, Oregon. He’s one of 25 analysts tracked by Bloomberg who recommend buying the shares.
First-quarter net income rose 1.5% to $1.61 bn, or $1.78 a share, from $1.58 bn, or $1.76, a year earlier, Apple said. Sales rose 5.8% to $10.2 bn in the period ended December 27. Analysts in a Bloomberg survey estimated profit of $1.39 a share and sales of $9.76 bn.
Analysts had predicted a drop in profit after sales at US retailers fell more than twice as much as forecast in December, the sixth straight month of declines. The US accounts for more than half of Apple’s revenue.
Agencies
Friday, January 16, 2009
Steve Jobs on leave till June
I am sure all of you saw my letter last week sharing something very personal with the Apple community. Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. In addition, during the past week I have learned that my health-related issues are more complex than I originally thought.
In order to take myself out of the limelight and focus on my health, and to allow everyone at Apple to focus on delivering extraordinary products, I have decided to take a medical leave of absence until the end of June.
I have asked Tim Cook to be responsible for Apple's day to day operations, and I know he and the rest of the executive management team will do a great job. As CEO, I plan to remain involved in major strategic decisions while I am out. Our board of directors fully supports this plan.
In order to take myself out of the limelight and focus on my health, and to allow everyone at Apple to focus on delivering extraordinary products, I have decided to take a medical leave of absence until the end of June.
I have asked Tim Cook to be responsible for Apple's day to day operations, and I know he and the rest of the executive management team will do a great job. As CEO, I plan to remain involved in major strategic decisions while I am out. Our board of directors fully supports this plan.
Friday, January 9, 2009
Is the Apple founder Steve Jobs dead?
Hijacking a Web feed of the Macworld 2009 conference, hackers have made spoof announcements about the death of Steve Jobs, chief executive of Apple.
Earlier this week, Jobs clarified persistent rumours about his health saying that he is suffering from health problems caused by a hormone imbalance.
However, the entire Web world was inundated with false claims of his demise via a fabricated live feed from Macworld Expo after hackers managed to breach security on a well-respected website.
The hackers fiddled with the micro-blogging feed at Macrumorslive.com, which was running smoothly through the first 23 minutes of the keynote speech given by Phil Schiller, senior vice president of marketing at Apple.
But, out of nowhere a message was posted that said, "Steve Jobs just died."
While the micro-blogging feed continued with developments about iPhoto, it was after three minutes that the feed came up with a clarification.
"Retraction on Steve Jobs comment ... we don't know how that got in our feed. Steve did not die," The Telegraph quoted the feed, as saying.
Another message came soon after, and said, "Oh wait, sorry, Steve did die. Our condolences."
The hackers were found to have affiliation with a website called 4Chan.The anonymous participants of 4Chan have discussed a number of high-profile online pranks, including attacks on the Church of Scientology and the breach of a Yahoo email account belonging to vice-presidential candidate Sarah Palin.
"Our MacRumorsLive keynote coverage was hacked today, inserting inappropriate content into the text and photo feeds. We apologise for the inconvenience and are working to restore our services," read an item on Macrumors.com.
While bloggers have claimed that the site's passwords have been out on 4Chan since a day before the hack, but the claims have not been confirmed as yet.
Agencies
Earlier this week, Jobs clarified persistent rumours about his health saying that he is suffering from health problems caused by a hormone imbalance.
However, the entire Web world was inundated with false claims of his demise via a fabricated live feed from Macworld Expo after hackers managed to breach security on a well-respected website.
The hackers fiddled with the micro-blogging feed at Macrumorslive.com, which was running smoothly through the first 23 minutes of the keynote speech given by Phil Schiller, senior vice president of marketing at Apple.
But, out of nowhere a message was posted that said, "Steve Jobs just died."
While the micro-blogging feed continued with developments about iPhoto, it was after three minutes that the feed came up with a clarification.
"Retraction on Steve Jobs comment ... we don't know how that got in our feed. Steve did not die," The Telegraph quoted the feed, as saying.
Another message came soon after, and said, "Oh wait, sorry, Steve did die. Our condolences."
The hackers were found to have affiliation with a website called 4Chan.The anonymous participants of 4Chan have discussed a number of high-profile online pranks, including attacks on the Church of Scientology and the breach of a Yahoo email account belonging to vice-presidential candidate Sarah Palin.
"Our MacRumorsLive keynote coverage was hacked today, inserting inappropriate content into the text and photo feeds. We apologise for the inconvenience and are working to restore our services," read an item on Macrumors.com.
While bloggers have claimed that the site's passwords have been out on 4Chan since a day before the hack, but the claims have not been confirmed as yet.
Agencies
Friday, December 26, 2008
Techies bidding farewell in 2008
It's time to bid adieu to the year 2008, the year which witnessed the farewells of some of the biggest names in the technology world -- some of the marking the end of an era.
While most of these were ceremonious exits with some moving to take up their passions or philanthropy, others in pursuit of greener pastures. There were also some unceremonious exits, where some CEOs were made to resign penalising them for falling revenues and constant battering of their company's stocks at the bourses.
Here's looking into some of the most high-profile exits of 2008:
Arun Sarin, Vodafone
One of the most successful CEOs of British telecom giant Vodafone, Arun Sarin, quit the company in the July 2008 to don a new challenge.
During his five year tenure at the world's largest mobile firm, Sarin is credited for acquiring a controlling stake in one of India's biggest mobile phone companies, Hutchison Essar. Under him Vodafone posted group revenue of 35.5 billion pounds for the year ending March 31, an increase of 14.1 per cent, and organic growth of 4.2 per cent. This came in marginally higher than market consensus, provided by the company, of 35.2 billion to 35.4 billion pounds.
Under Sarin, Vodafone expanded aggressively into emerging markets, including Romania, the Czech Republic and Turkey. Sarin visited India before his exit along with his successor to participate in Vodafone-Essar board meeting, triggering speculation that he may join Tatas, but officials of the Indian conglomerate debunked any such report.
Post-exit Sarin planned a trekking trip to Himalayas before settling in California. Recently, Sarin, 53, who quit Vodafone at the pinnacle of his career, was speculated to be the most sought-after contender for the position of Yahoo CEO, after the Jerry Yang's exit.
Sarin, however, said he was not keen on the position. Sarin is looking at alternative roles at other US public companies as well as at a private equity firm, the Financial Times wrote recently.
The India-born US citizen is an IIT Kharagpur alumnus and has an MBA degree from University of California, Berkley.
Bill Gates, Microsoft
This was surely the biggest farewell of 2008. The exit of Bill Gates marked an end of era. Gates retired from Microsoft, the company he co-founded with college-friend Paul Allen in 1975.
In June, Gates quit as full-time chairman and software architect of the world's largest software company to work full-time at his charitable organisation Bill & Melinda Gates Foundation. Gates will remain the company's non-executive chairman.
A Harvard College drop out, Gates has been a permanent fixture in the Forbes Richest people list, holding the numero uno slot for 15 years in a row between 1993 and 2007. In 2008, Gates was topped by investor Warren Buffett and Mexico's telecom tycoon Carlos Slim in the world's wealthiest list.
Bill Gates' key creation is Microsoft, a company with sales of $51 billion as of June 2007 with 78,000 employees across 105 countries. Almost 90 per cent of the estimated 1 billion computers (desktop and laptop) in the world run on Microsoft's Windows and Office. The company has products across the layers network, operating system, database, middleware, application software.
Gates departure comes at a time when Microsoft is engaged in an escalating rivalry with Google and other competitors who are using the internet to chip away at its software dominance.
During his recent visit to India, Gates launched a major initiative for India’s public healthcare with a special focus on eradicating polio.
Jerry Yang, Yahoo
After a rocky tenure at Yahoo, co-founder Jerry Yang stepped down as chief executive this November.
Among the Silicon Valley dotcom billionaires, Yang was named CEO in June 2007 after Terry Semel exit. As CEO, Yang struggled to turn around the company's dwindling fortunes. The rejection of Microsoft offer and a failed advertising deal with Google marred his brief tenure.
Earlier this year, Yang rejected a $33 per share offer by Microsoft for Yahoo worth a total of more than $47 billion. Microsoft CEO Steve Ballmer later withdrew the offer after Yang sought $37 per share. The negotiating breakdown triggered a shareholder revolt led by billionaire investor Carl Icahn, who called for Yang's ouster in July. Since then Yahoo has been trading at between $10-12 a share.
With a fortune estimated at $2.23 billion, some shareholders accused Yang of putting his personal affection for the company he created over the interests of its shareholders. After squandering the opportunity to sell to Microsoft, Yang tried to boost Yahoo's profit by forging an advertising partnership with Google. But this backup plan too fell when Google walked away from the deal to avoid a court battle with the US Justice Department, which concluded that the partnership may throttle competition in the online advertising market.
Sanjay Jha, Qualcomm
Indian engineering whizkid Sanjay Jha left Qualcomm CDMA Technologies (QCT) group as COO and president this year to join beleaguered US telecom major Motorola as CEO of Mobile Devices.
At Motorola, Jha holds a key task to pull the American cellphone pioneer which slipped to the fourth position in global handset sales and the downslide has been quite sharp.
What top's Jha's priorities is reversing the fortunes of the company’s loss-making handset business -- comprising over one third of Motorola’s total business worth $36.6 billion.
Forty five-year-old Jha started as a senior engineer at Qualcomm VLSI (very large scale integration) group in 1994 and was promoted as senior vice-president of engineering in 1998.
He was elevated as the president of QCT in 2003 when the chipset and software division was started at Qualcomm. For the past five years, this division of Qualcomm has been ranked among the world's largest fabless semiconductor producers, and was rated as being ahead of the leader Texas Instruments last year. Qualcomm had sold its own CDMA cell phone business to Kyocera in February 2000.
Neelam Dhawan, Microsoft
Ending her three-and-a-half years stint as MD Microsoft India, Neelam Dhawan joined Hewlett-Packard India as its managing director in June.
At HP, 48-year-old Neelam holds key tasks of driving overall strategy, revenues and profitability for HP India. Currently she reports to Balu Doraisamy, MD, HP Asia Pacific & Japan.
During her tenure at Microsoft, she looked into the strategic focus and improved company's operating efficiency and execution, as well as its financial performance and customer focus.
Prior to Microsoft, Neelam worked with Compaq as head (Enterprise Sales) and HP as vice president (Customer Solutions Group). Under her leadership the Rs 16,000-crore Hewlett-Packard recently won a multi-million dollar Godrej outsourcing deal.
An economics graduate from St Stephen’s College Delhi, Neelam holds a masters in Business Administration from the Faculty of Management Studies, Delhi University.
Lee Kun-hee, Samsung
In one of the most sensational and controversial exits of the year, Samsung Group chairman Lee Kun-hee, resigned following an indictment on tax evasion charges after a counsel investigation.
Known to be the most powerful Korean tycoon, Lee was charged with $133m tax evasion and breach of trust during his 20-year tenure at Samsung. Lee was also charged with damaging the interest of other shareholders. He was accused of forcing Samsung subsidiaries to sell shares to his son at unfairly low prices.
However, the company was cleared of the most serious allegation that it raised money to bribe influential citizens and ministers in its native South Korea.
Joining Lee in stepping down were Vice Chairman Lee Hak-soo and Lee Jae-yong, the chairman's son and heir apparent to the Samsung throne. Nine other senior executives also left Samsung following the charges.
Sixty six-year old Lee is credited of having built $160-billion Samsung Group which is Korea Inc's pride, accounting for roughly 21 per cent of the country's total exports.
Ben Verwaayen, British Telecom
British Telecom Group, one of the largest telecommunications companies in Europe, saw the departure of its CEO Ben Verwaayen in the month of April.
Having served BT for almost six years, Verwaayen headed back to the US to take up a position with a venture capital firm. Verwaayen joined BT in January 2002 after quitting his job from US equipment vendor Lucent.
During his tenure at BT, Verwaayen initiated a complete broadband overhaul of BT's aging infrastructure. He mended fences with Ofcom, the UK's version of the FCC.
Fifty-six year old Dutch national was also awarded an honorary knighthood for services to the communications industry. Verwaayen helped BT buy a slew of US-based companies including Infonet, Radianz, Counterpane and INS pushing the telecom giant into a number of emerging markets.
Ian Livingston, who was chief executive of BT Retail, succeeded Verwaayen.
Farewell in the wings: Steve Jobs?
Apple recently announced that its Chief Executive Steve Jobs will not deliver the keynote address at the Macworld trade show next month. The announcement once again revived investors' concerns about the state of his health and sent the company's shares down.
Apple spokesman, however, denied that Jobs was missing the show due to health issues. Instead of Jobs, Philip Schiller, the senior vice president of worldwide product marketing, will deliver the keynote.
However, Samuel Wilson, an analyst at JMP Securities, said Jobs' absence at the event was important. "It's like the first time in a long time he hasn't spoken in Macworld. Why is he not speaking this year would be the question."
Investors have been concerned Jobs health after he was diagnosed with cancer some years back. In 2004, Jobs, 53, said he had undergone successful surgery to remove a rare type of pancreatic cancer. In September, Jobs, who is often perceived as irreplaceable as Apple's leader, appeared thin but jaunty as he introduced new iPod digital music players.
Macworld is a cultural event that draws thousands of Apple fans and technology aficionados to San Francisco, where they have been treated to major announcements from Jobs in past years, including the launch of the iPhone in 2007.
Source: Indiatimes Infotech
While most of these were ceremonious exits with some moving to take up their passions or philanthropy, others in pursuit of greener pastures. There were also some unceremonious exits, where some CEOs were made to resign penalising them for falling revenues and constant battering of their company's stocks at the bourses.
Here's looking into some of the most high-profile exits of 2008:
Arun Sarin, Vodafone
One of the most successful CEOs of British telecom giant Vodafone, Arun Sarin, quit the company in the July 2008 to don a new challenge.
During his five year tenure at the world's largest mobile firm, Sarin is credited for acquiring a controlling stake in one of India's biggest mobile phone companies, Hutchison Essar. Under him Vodafone posted group revenue of 35.5 billion pounds for the year ending March 31, an increase of 14.1 per cent, and organic growth of 4.2 per cent. This came in marginally higher than market consensus, provided by the company, of 35.2 billion to 35.4 billion pounds.
Under Sarin, Vodafone expanded aggressively into emerging markets, including Romania, the Czech Republic and Turkey. Sarin visited India before his exit along with his successor to participate in Vodafone-Essar board meeting, triggering speculation that he may join Tatas, but officials of the Indian conglomerate debunked any such report.
Post-exit Sarin planned a trekking trip to Himalayas before settling in California. Recently, Sarin, 53, who quit Vodafone at the pinnacle of his career, was speculated to be the most sought-after contender for the position of Yahoo CEO, after the Jerry Yang's exit.
Sarin, however, said he was not keen on the position. Sarin is looking at alternative roles at other US public companies as well as at a private equity firm, the Financial Times wrote recently.
The India-born US citizen is an IIT Kharagpur alumnus and has an MBA degree from University of California, Berkley.
Bill Gates, Microsoft
This was surely the biggest farewell of 2008. The exit of Bill Gates marked an end of era. Gates retired from Microsoft, the company he co-founded with college-friend Paul Allen in 1975.
In June, Gates quit as full-time chairman and software architect of the world's largest software company to work full-time at his charitable organisation Bill & Melinda Gates Foundation. Gates will remain the company's non-executive chairman.
A Harvard College drop out, Gates has been a permanent fixture in the Forbes Richest people list, holding the numero uno slot for 15 years in a row between 1993 and 2007. In 2008, Gates was topped by investor Warren Buffett and Mexico's telecom tycoon Carlos Slim in the world's wealthiest list.
Bill Gates' key creation is Microsoft, a company with sales of $51 billion as of June 2007 with 78,000 employees across 105 countries. Almost 90 per cent of the estimated 1 billion computers (desktop and laptop) in the world run on Microsoft's Windows and Office. The company has products across the layers network, operating system, database, middleware, application software.
Gates departure comes at a time when Microsoft is engaged in an escalating rivalry with Google and other competitors who are using the internet to chip away at its software dominance.
During his recent visit to India, Gates launched a major initiative for India’s public healthcare with a special focus on eradicating polio.
Jerry Yang, Yahoo
After a rocky tenure at Yahoo, co-founder Jerry Yang stepped down as chief executive this November.
Among the Silicon Valley dotcom billionaires, Yang was named CEO in June 2007 after Terry Semel exit. As CEO, Yang struggled to turn around the company's dwindling fortunes. The rejection of Microsoft offer and a failed advertising deal with Google marred his brief tenure.
Earlier this year, Yang rejected a $33 per share offer by Microsoft for Yahoo worth a total of more than $47 billion. Microsoft CEO Steve Ballmer later withdrew the offer after Yang sought $37 per share. The negotiating breakdown triggered a shareholder revolt led by billionaire investor Carl Icahn, who called for Yang's ouster in July. Since then Yahoo has been trading at between $10-12 a share.
With a fortune estimated at $2.23 billion, some shareholders accused Yang of putting his personal affection for the company he created over the interests of its shareholders. After squandering the opportunity to sell to Microsoft, Yang tried to boost Yahoo's profit by forging an advertising partnership with Google. But this backup plan too fell when Google walked away from the deal to avoid a court battle with the US Justice Department, which concluded that the partnership may throttle competition in the online advertising market.
Sanjay Jha, Qualcomm
Indian engineering whizkid Sanjay Jha left Qualcomm CDMA Technologies (QCT) group as COO and president this year to join beleaguered US telecom major Motorola as CEO of Mobile Devices.
At Motorola, Jha holds a key task to pull the American cellphone pioneer which slipped to the fourth position in global handset sales and the downslide has been quite sharp.
What top's Jha's priorities is reversing the fortunes of the company’s loss-making handset business -- comprising over one third of Motorola’s total business worth $36.6 billion.
Forty five-year-old Jha started as a senior engineer at Qualcomm VLSI (very large scale integration) group in 1994 and was promoted as senior vice-president of engineering in 1998.
He was elevated as the president of QCT in 2003 when the chipset and software division was started at Qualcomm. For the past five years, this division of Qualcomm has been ranked among the world's largest fabless semiconductor producers, and was rated as being ahead of the leader Texas Instruments last year. Qualcomm had sold its own CDMA cell phone business to Kyocera in February 2000.
Neelam Dhawan, Microsoft
Ending her three-and-a-half years stint as MD Microsoft India, Neelam Dhawan joined Hewlett-Packard India as its managing director in June.
At HP, 48-year-old Neelam holds key tasks of driving overall strategy, revenues and profitability for HP India. Currently she reports to Balu Doraisamy, MD, HP Asia Pacific & Japan.
During her tenure at Microsoft, she looked into the strategic focus and improved company's operating efficiency and execution, as well as its financial performance and customer focus.
Prior to Microsoft, Neelam worked with Compaq as head (Enterprise Sales) and HP as vice president (Customer Solutions Group). Under her leadership the Rs 16,000-crore Hewlett-Packard recently won a multi-million dollar Godrej outsourcing deal.
An economics graduate from St Stephen’s College Delhi, Neelam holds a masters in Business Administration from the Faculty of Management Studies, Delhi University.
Lee Kun-hee, Samsung
In one of the most sensational and controversial exits of the year, Samsung Group chairman Lee Kun-hee, resigned following an indictment on tax evasion charges after a counsel investigation.
Known to be the most powerful Korean tycoon, Lee was charged with $133m tax evasion and breach of trust during his 20-year tenure at Samsung. Lee was also charged with damaging the interest of other shareholders. He was accused of forcing Samsung subsidiaries to sell shares to his son at unfairly low prices.
However, the company was cleared of the most serious allegation that it raised money to bribe influential citizens and ministers in its native South Korea.
Joining Lee in stepping down were Vice Chairman Lee Hak-soo and Lee Jae-yong, the chairman's son and heir apparent to the Samsung throne. Nine other senior executives also left Samsung following the charges.
Sixty six-year old Lee is credited of having built $160-billion Samsung Group which is Korea Inc's pride, accounting for roughly 21 per cent of the country's total exports.
Ben Verwaayen, British Telecom
British Telecom Group, one of the largest telecommunications companies in Europe, saw the departure of its CEO Ben Verwaayen in the month of April.
Having served BT for almost six years, Verwaayen headed back to the US to take up a position with a venture capital firm. Verwaayen joined BT in January 2002 after quitting his job from US equipment vendor Lucent.
During his tenure at BT, Verwaayen initiated a complete broadband overhaul of BT's aging infrastructure. He mended fences with Ofcom, the UK's version of the FCC.
Fifty-six year old Dutch national was also awarded an honorary knighthood for services to the communications industry. Verwaayen helped BT buy a slew of US-based companies including Infonet, Radianz, Counterpane and INS pushing the telecom giant into a number of emerging markets.
Ian Livingston, who was chief executive of BT Retail, succeeded Verwaayen.
Farewell in the wings: Steve Jobs?
Apple recently announced that its Chief Executive Steve Jobs will not deliver the keynote address at the Macworld trade show next month. The announcement once again revived investors' concerns about the state of his health and sent the company's shares down.
Apple spokesman, however, denied that Jobs was missing the show due to health issues. Instead of Jobs, Philip Schiller, the senior vice president of worldwide product marketing, will deliver the keynote.
However, Samuel Wilson, an analyst at JMP Securities, said Jobs' absence at the event was important. "It's like the first time in a long time he hasn't spoken in Macworld. Why is he not speaking this year would be the question."
Investors have been concerned Jobs health after he was diagnosed with cancer some years back. In 2004, Jobs, 53, said he had undergone successful surgery to remove a rare type of pancreatic cancer. In September, Jobs, who is often perceived as irreplaceable as Apple's leader, appeared thin but jaunty as he introduced new iPod digital music players.
Macworld is a cultural event that draws thousands of Apple fans and technology aficionados to San Francisco, where they have been treated to major announcements from Jobs in past years, including the launch of the iPhone in 2007.
Source: Indiatimes Infotech
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