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Bloomberg

Spencer Stuart's Citrin on Apple's CEO Succession Plan

Jim Citrin, Chair, Global CEO Practice at Spencer Stuart, discusses the upcoming CEO transition at Apple as Tim Cook prepares to step down on September 1, with John Turner set to take over. Citrin emphasizes the critical importance and difficulty of CEO succession, especially at a company like Apple known for its excellence. He speaks with Romaine Bostick & Emily Graffeo on "The Close."

Read more: Spencer Stuart's Citrin on Apple's CEO Succession Plan
Bloomberg

Apple Slides After Supply Shortages Hurts Sales Forecast

Apple stocks tumbled in late trading after component shortages weighed on the company's sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report. Bloomberg.com and Terminal subscribers can send in their questions for Carol Massar and Tim Stenovec to ask guests live on-air. Just go to Bloomberg.com/askradio

Read more: Apple Slides After Supply Shortages Hurts Sales Forecast