GoKawiil
Tech News
A functioning Apple I computer, signed and accompanied by a 1978 letter from Steve Jobs, is heading to auction at Bonhams on October 14. The letter shows Jobs personally offering original owner Charles Hatfield a trade-in for an Apple II board after Hatfield complained about lacking software. Hatfield turned down the offer and instead sold the machine for $40,000, far less than its current value.
A contributor argues that 'intrapreneur'—describing entrepreneurial behavior by high performers inside established companies—deserves equal recognition to traditional business ownership. These individuals innovate at scale, manage stakeholder relationships, and balance agility with corporate governance, much like founders do.
A resurfaced 1996 interview clip from Maryland Public Television's Wall Street Week shows Steve Jobs, then years away from returning to Apple, insisting the company's path forward was innovation rather than cost-cutting. The clip has recirculated online, shared by Patrick McGee, timed to news of Apple naming a new CEO.
Tim Cook has ended his 15-year run as Apple's chief executive, handing the role to John Ternus, who becomes only the third person to lead the company this century. In his final message to employees, Cook referenced Steve Jobs, echoing the same gesture he made in his first memo to staff when he took over as CEO.
Tim Cook appeared in the Oval Office to praise President Trump and presented him with a glass-and-gold trophy in front of press cameras, an event the author calls the most embarrassing act ever done in Apple's name. The piece contrasts Cook's deferential display with Steve Jobs' history of defying authority and institutions, noting Jobs himself was the son of an immigrant on a student visa.
Bloomberg reported that Apple shares delivered a 2,736% total return during Tim Cook's tenure as CEO, growing the company from a $350 billion business to a $4.6 trillion one. Commentary responding to that data argues incoming CEO John Ternus shouldn't feel pressure to replicate those numbers, pointing to Steve Jobs' and Cook's own philosophy that financial results should follow great products rather than be pursued directly.
Jim Cramer praised outgoing Apple CEO Tim Cook, arguing he has been unfairly overshadowed by Steve Jobs despite delivering massive shareholder returns. Cook officially transitions to executive chairman on Tuesday, handing the CEO role to hardware chief John Ternus, after Apple's market cap grew from about $350 billion to over $4.7 trillion during his 15-year tenure.
Phil Schiller is relinquishing his roles overseeing the App Store and Apple's product events, according to Bloomberg. He will retain his Apple Fellow title and continue working on unspecified projects, while the App Store division moves under services chief Eddy Cue, with Carson Oliver remaining in charge of daily store operations.
According to Bloomberg's Mark Gurman, Apple considered building a shortened Apple Pencil for its upcoming iPhone Ultra but abandoned the idea. Gurman cites three reasons: awkward ergonomics from side-mounting, tension with Steve Jobs' original stance against styluses, and the risk of the pencil scratching the display.
Reports indicate Apple is preparing for a leadership transition, with hardware engineering chief John Ternus positioned as the likely successor to CEO Tim Cook. Cook transformed Apple into a $5 trillion company largely through operational and supply chain excellence rather than product breakthroughs. Ternus would face pressure to reinvigorate the company's innovation pipeline in a way reminiscent of the Steve Jobs era.
According to Bloomberg's Mark Gurman, Apple internally explored a shorter, stubbier Apple Pencil variant designed to magnetically attach to the side of its upcoming foldable iPhone Ultra. The accessory reportedly ran into design problems, including awkward handling and the risk of scratching the phone's delicate inner foldable display. Gurman says the concept is unlikely to be unveiled at Apple's event next month.
RR Auction closed bidding on an 8th-grade science project Steve Jobs built in 1968 exploring the silicon-controlled rectifier, which included two demonstration circuits and a 10-page report. The item, kept for decades by his stepbrother John Chovanec at the Apple Garage property, sold for $34,375 as part of a larger Apple 50th Anniversary auction.