01/26, 3:25pm
Apple co-founder may have been too involved
Apple's iAd network may actually be in a position to improve without Steve Jobs as company CEO, according to a Business Insider source described as "familiar with the situation." The person says that Jobs used to make many of the decisions at iAd, and that as he became sicker, it became increasingly difficult for the iAd team to accomplish anything. With Jobs gone, Eddy Cue is said to be free to properly take charge of iAd, and make decisions on issues like pricing and technology that weren't discussed while Jobs was alive.
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11/04, 7:30pm
Apple SEC filing shows huge bonus payouts
Apple on Friday sent filings to the SEC that showed one of the larger bonus payouts to its senior vice presidents in recent memory. iOS head Scott Forstall, Hardware Engineering's Bob Mansfield, CFO Peter Oppenheimer, Worldwide Product Marketing lead Phil Schiller, general legal counsel Bruce Sewell, and operations head Jeff Williams all received share awards of 150,000 shares each. At current market values of about $400 per share, each will have made $60 million if they cashed in the same day.
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09/01, 10:35am
'Promotion' from role in charge of iTunes
Eddy Cue has been promoted to the position of Senior VP of Internet Software and Services at Apple, an email memo from CEO Tim Cook reveals. "Eddy will report to me and will serve on Apple’s executive management team," the message elaborates. Cook notes that Cue has been with Apple 22 years, and most recently was the head of Apple's iTunes efforts; he is currently overseeing the iTunes Store, the App Store and the iBookstore, as well as iAd and iCloud.
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05/05, 11:05am
Company claims software driving product cycles
Apple will likely reveal "major feature/function updates" at this year's WWDC in early June, says Morgan Stanley analyst Katy Huberty. The prediction is based on a meeting with key Apple executives, including CFO Peter Oppenheimer, senior retail VP Ron Johnson and VP of Internet services Eddy Cue. During the gathering the executives explained that Apple "generally views product cycles as software driven," according to Huberty.
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02/28, 11:55am
Hopes products not 'just for the rich'
Apple has "clever things" planned in order to address the prepaid market for iPhones, says COO Tim Cook. The executive joined CFO Peter Oppenheimer and VP of Internet Services Eddy Cue in speaking with Toni Sacconaghi, an analyst with Bernstein Research. While the iPhone is in high demand, a new model can cost at least $600 off-contract. Apple doesn't want its products to be "just for the rich," according to Cook, and is "not ceding any market." He notes that the company has spent "huge energy" in China, said to be a "clasic prepaid market."
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02/02, 12:35pm
Option already available to publishers
Apple will "soon" make another announcement about iTunes subscriptions, according to the company's VP for Internet services, Eddy Cue. In-app subscriptions were introduced today with The Daily, an iPad-only news publication created by News Corp.. While other publishers may already be implementing the option, which companies are involved and what arrangements they might have will only be publicized at a later time.
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08/08, 3:55pm
Eddy Cue for MobileMe
In light of Apple's tragic MobileMe launch, the company's own Eddy Cue – responsible for a great deal of Apple's back-end infrastructure for services like iTunes – steps up to manage the ailing suite. Cue, who is famous within Apple for being as hard on quality as CEO Steve Jobs, is expected to turn the service around, since he shares a common mindset with the perfectionist jobs, and is viewed by others as the perfect person for the job.
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