<![CDATA[Gawker: valleywag, peter oppenheimer]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, peter oppenheimer]]> http://gawker.com/tag/valleywag/peteroppenheimer http://gawker.com/tag/valleywag/peteroppenheimer <![CDATA[Apple: Consumer spending "deteriorated," "depressed" worldwide]]> There's been plenty of unfair criticism of the reporting on Apple CEO Steve Jobs's health. Here's an entirely fair one: Why are we talking about his health instead of the economy's? Apple CFO Peter Oppenheimer skipped over the topic in a recent conference call: "We’re going to leave economic commentary to others," he told an analyst. But in its most recent 10-Q filing with the SEC, Apple had plenty of economic commentary, the Footnoted blog observes. For the first time since 2003, Apple used the word "depressed" to describe levels of consumer spending and said they had "deteroriated" in many countries, including the U.S. On the bright side, Apple is no longer worried about "war, terrorism, geopolitical uncertainties" — and, yes, "public health issues." At least Apple is consistent: If we ought not worry about Jobs's health, we ought not worry about anyone's. (Photo by Nickomargolies)

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<![CDATA[Apple reports its second-quarter earnings]]> AppleTowr.jpgApple reported second-quarter revenues of $7.51 billion, up 43 percent from $5.26 billion in the same quarter last year. Analysts predicted $6.96 billion in revenue. Wall Street officially expected Apple to have sold 2 million Macs during the quarter. Whispers put the number around 2.3 million. So did reality. Apple profits climbed 36 percent during the quarter. So far, in Apple shares have remained flat in after-hours trading. Apple CFO Peter Oppenheimer gave analysts a forecast for third-quarter revenues of $7.2 billion, $30 million less than they expected.

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<![CDATA[Who should replace Steve Jobs? He has two suggestions]]> At Apple's shareholder meeting today, Steve Jobs said the Apple board has many potential successors to choose from should something happen to him. "We've got great talent ... we talk about it a lot." Candidates include COO Tim Cook and CFO Peter Oppenheimer. Have you ever seen either of those guys talk? Jobs is said to be worth $16 billion in market cap to Apple. Apple PR could spend that much on media training for Apple's stiffs-in-waiting, and they still wouldn't fill the seats at a Macworld keynote. Our vote is for design guru Jonathan Ive, who'll shut up and let the gadgets speak for themselves.

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