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August 22nd, 2011

Apple planning early 2012 launch for new iPad—WSJ

Apple planning early 2012 launch for new iPad—WSJ

NEW YORK—Apple plans to begin trial production of a next generation iPad in October with an eye to an early 2012 launch, The Wall Street Journal reported Friday.

The newspaper, citing “people familiar with the situation,” said Apple is working with component suppliers and its assembler in Asia on the iPad 3 and has ordered key components such as display panels and chips.

It said the next generation iPad is expected to feature a high resolution 2048-by-1536 pixel display compared with the 1024-by-768 display on the iPad 2.

Full Story:  The Inquirer

August 25th, 2011

Steve Jobs Resigns as CEO of Apple

CUPERTINO, California—August 24, 2011—Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.

“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple’s Board. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”

Full Story: Apple

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