Apple Plans To Unveil Sweeping Overhaul
Just weeks after reporting one of its biggest losses in company history, Apple Computer Inc. Monday will announce a sweeping reorganization that will include a position on the decision-making executive council for Apple’s legendary co-founder Steven Jobs.
Jobs came on as an informal technology adviser to Chairman and Chief Executive Gil Amelio in late December as part of Apple’s deal to acquire Next Software Inc.
As part of Amelio’s restructuring, sources say, Apple’s half-dozen business units will be streamlined into three product divisions focusing on key market segments: desktop publishing, Internet content creation and education, where Apple continues to have a strong constituency.
Final details of the reorganization were being worked out Friday. An announcement is scheduled for Monday, two days before Apple’s shareholder meeting at company headquarters.