Word: applees
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The pricing of McDonald's, highlighted by dollar-menu items like apple pies, side salads and yogurt, plus cheap combo meals - burger or sandwich, fries and a drink - is a key strength during the recession. In particular, consumers are fleeing casual, family chain restaurants for the convenience and savings of...
• "Why are you still here?" - To a colleague, thirty minutes after Cook remarked to that same coworker that Apple's Asian operations had encountered a problem and "someone should really be in China driving this." Fortune, Nov. 10, 2008
• Joined Apple in 1998 to streamline the company's jumbled manufacturing and distribution operations. He was promoted to COO in 2005. In that role, he has overseen Apple's worldwide operations, including supply chain, support and sales services as well as its Macintosh division.
• Though he earns $700,000 a year, he's been a beneficiary of a hefty amount of stock: he's sold more than $100 million worth since joining Apple. Despite his wealth, he rents a house in Palo Alto
• "Tim runs Apple, and he has been running Apple for a long time now. Steve is the face of the company and very involved with product development but Tim is the guy who takes all those designs and turns it into a big pile of cash." -Michael Janes, the...