Pascal Cagni, VP over Europe, Middle East, Africa departs
Pascal Cagni, Apple vice president for Europe, the Middle East, and Africa, is stepping down from the position, reports French newspaper Le Figaro. Cagni, who has been with Apple since 2000, is said to have tendered his resignation yesterday. Cagni steps down in the midst of a successful stretch, as Gartner recently reported that Apple's European sales were up 20 percent year-over-year by the end of 2011.
European growth outstrips global figures
A multi-channel strategy is at least partly responsible for Apple's high fourth-quarter growth in Europe, says Pascal Cagni, Apple's general manager and VP for Europe, Africa, the Middle East and India. Whereas growth was 20 percent in the Americas and 25 percent worldwide, combined European revenues advanced 45 percent. Some $2.491 billion was accumulated in the region, as compared to the $4.297 billion produced in the Americas.