Eddy Cue, Apple’s senior vice president of services, is considering restructuring Apple’s services business to redirect more attention to streaming and advertising, according to a report from Insider. In its most recent earnings report, Apple said its services, which include the App Store, Apple Pay, Apple News, Apple Music, Apple TV Plus, and iCloud, added 825 million subscribers and earned $19.8 billion in revenue.
As part of the shake-up, Cue has reportedly pulled Peter Stern, Apple’s current vice president of services, off of advertising to focus solely on its services division. Sources close to the situation told Insider that Todd Teresi, Apple’s vice president of advertising platforms, has absorbed Stern’s previous advertising...
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.