Major management shakeup at a changing Apple – The Wall Street Journal

DUBLIN — As Apple's iPhone sales slow, the company has been thinking hard about how to rebuild itself for a strong future. It's making big bets on a range of possible growth drivers, from music and video services to artificial intelligence to wearable technology. It has enormous piles of cash, enough cachet to attract top talent, and one of the world's strongest and most respected brands. But it also faces some tough challenges. For over a decade, Apple has been the iPhone. The iPhone created contemporary Apple and has generated such easy, reliable, and gigantic cash flows that the slowdown in sales has set the company buzzing like a stirred beehive. The last time Apple faced a tough test, it had its visionary founder Steve Jobs to fall back on. Today, it has a professional and experienced management team under the leadership of Tim Cook. The next two to five years will tell if Cook has what it takes to steer Apple to the next port. Apple has been a cornerstone of our Biznews Global Portfolio, delivering growth and stability. Let's hope for many more years of the same. – Felicity Duncan

Apple Executive Shake-Up Readies It for Life After iPhone

By Tripp Mickle

Apple Inc. is shaking up leadership and reordering priorities across its services, artificial intelligence, hardware and retail divisions as it works to reduce the company's reliance on iPhone sales.

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