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Apple adds ex-Boeing CFO to board; OS X El Capitan released

Oct. 01, 2015 1:15 PM ETApple Inc. (AAPL) StockBy: Eric Jhonsa, SA News Editor32 Comments
  • Former Boeing CFO James A. Bell has been named Apple's (NASDAQ:AAPL -1.9%) eighth board member. The others are ex-Genentech CEO Art Levinson (chairman), Tim Cook, Al Gore, Disney CEO Bob Iger, ex-Avon CEO Andrea Jung, ex-Northrop Grumman CEO Ronald Sugar, and BlackRock co-founder Susan L. Wagner. J. Crew CEO Mickey Drexler left the board earlier this year.
  • Separately, Apple has officially rolled out Mac OS X 10.11 (El Capitan), which it first unveiled in June at WWDC. New features include natural language search integration, the auto-arranging of app windows, and major improvements in app launch times and graphics rendering performance (the latter with the help of Apple's new Metal GPU API),
  • Also: Digitimes (better at reporting supply-chain activity than future product launches) reports iPhone suppliers are "concerned about the possibility of Apple downward adjusting" its Q4 chip orders. The site adds a "major analog IC supplier" has disclosed Apple slightly cut its December orders, but qualifies its remarks by stating suppliers "will have to wait for at least one to two more months before knowing whether there will be significant cuts in their IC orders."
  • Apple is three days removed from announcing iPhone 6S/6s+ sales topped 13M during their opening weekend, up from 10M+ iPhone 6/6+ sales a year ago. Chinese availability and a longer pre-order period helped.
  • Shares are off on a day the Nasdaq is down 1.2%.

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