Apple’s Steve Jobs has submitted his regignationas the company’s CEO, recommending Tim Cook as his successor. This will likely bring significant changes at Apple in the coming years, in spite of Mr. Cook having been groomed for the job for some time. Apple in recent has become significantly litigious, becoming in turn the target of various claims.
hp announced today in its Third Quarter 2011 Results that it will be shutting down operations for all of its webOS devices (ie: smart phones and TouchPad tablets). See here for more info. They also announced that they will begin the “evaluation of strategic alternatives for its Personal Systems Group (PSG).” In plain English, this indicates that they’re looking to sell off their division that makes personal computers, which incidentally, they had purchased from Compaq a few years back. See their full releasehere.
Google and Motorola have announced a definitive agrement for the purchase of Motorola Mobility Holdings, Inc. (NYSE: MMI) by Google Inc. (NASDAQ: GOOG) for the sum of approximately $12.5 billion USD. Yes, folks, that’s billion with a “b”. See the official press release here. This will undoubtedly yield some interesting developments in the near future, placing into question Google’s ability to manage a global hardware company and how it will impact Google’s other customers and allies that manufacture Android based smart phones who will now be in direct competition with Google’s Motorola phones.