Word: markkula
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...HAVE BEEN SHAKing troubled Apple Computer for more than a month turned into quakes last week--but the upheaval left many observers confused. All last Friday the company kept silent amid a blizzard of news reports that its board had ousted chief executive officer Michael Spindler and chairman Mike Markkula. Their replacement was said to be Gilbert Amelio, an Apple director and chairman and CEO of chipmaker National Semiconductor. The speculation became a continuous buzz when it was learned that Amelio had abruptly quit National Semiconductor. But it was hours before Apple released a brief statement confirming Amelio's arrival...
...turnaround would be no small task. The German-born Spindler, 53, known as "the Diesel" for his drive, was himself brought in as a miracle worker by Markkula, when Apple's share of the personal-computer market hovered at 9.4%. Now it is just 7.8%. The company was hard hit last year by the arrival of Microsoft's Windows 95 operating system, which mimics the look and feel of Apple's Macintosh computers but runs on IBM-compatible machines that are cheaper...
...FRANCISCO: Apple Computer chairman A.C. (Mike) Markkula, said on Tuesday that his company was not for sale. The comment was a reaction to a report in Tuesday's Wall Street Journal, quoting "people familiar with the negotiations," that Apple would soon be acquired by Sun Microsystems, which makes workstations and Internet servers. Apple, the upstart company that made computers "user friendly" to millions of ordinary people has had an unenviable year, culminating with a loss of $69 million during the critical Christmas fourth quarter, while IBM was showing a 41 percent profit for the same period, that caused its stock...
...what will Spindler's own direction be? Despite rumors that his job may be in jeopardy, A.C. Markkula Jr., the chairman of Apple's board of directors, told the Wall Street Journal late last week that there are no plans for any management changes and pronounced Spindler "a very brilliant man." Of course, that's what they said about Sculley, after he stepped down...
...whose decision to allow other manufacturers to copy its PCs made economic giants out of Microsoft and Intel, could become a clone maker itself. In an interview with The Wall Street Journal, Apple chairman A.C. Markkula said his company has asked IBM to make computers that use the Macintosh operating system. "The IBM name on a computer still means something to a lot of people, especially corporate buyers," says technology correspondent David Jackson. "A machine that would run the Mac O/S with the IBM label is viewed by most analysts as a great combination." IBM officials did not immediately respond...