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Rollins resigns, Michael back as Dell CEO
With growth on the decline and competition heating up, it looks like Kevin Rollins has had enough of the cutthroat PC game, and has resigned his posts as Dell CEO and board member. Now Michael Dell has returned to the helm of his baby, after handing over the top spot to Rollins in 2004. Shares of Dell are up now that the founder is back in his place, but HP is all up in his grill right now, and the company warned on Tuesday that it would be missing analyst earning expectations for its fiscal fourth-quarter, so it's clear Mike is going to have an uphill battle in the attempt to return Dell to its former undisputed status atop the PC industry. Mr. Dell, who will retain his position as chairman of the board, said in a press release, "Dell has tremendous opportunities ahead of it, I am enthusiastic about Dell 2.0, which includes our plan to provide the best customer experience, build a strong global services business and ensure our products deliver the best long-term customer value." Dell 2.0, huh? We're down, let's see what you've got.
Steve Ballmer laughs off the iPhone, deems it "most expensive" in the marketplace
We'll be the first to give props to Steve Ballmer for accomplishing what he has at Microsoft, and we will agree that the iPhone is one expensive (and probably overpriced) little machine, but during a recent interview where he was questioned about the iPhone, he proceeded to not only compare Apple's forthcoming handset with the "$99 Motorola Q," but insisted that the iPhone was "by far the most expensive phone in the marketplace," which couldn't be further from the truth. Sure, most of the long, long list of mobile phones priced above (sometimes well above) the $500 price point aren't exactly mainstream handsets, but as the luxury phone market continues to bloom, Apple is looking to take advantage of those willing to shell out half a grand to have the hottest gizmo out. Additionally, Steve did mention that the iPhone was absolutely "not suitable for business purposes" due to its complete lack of a keyboard, but considering its half-hearted attempt at Push mail and lack of 3G, we doubt Mr. Jobs is out fighting for the corporate market just yet anyway. Nevertheless, it's always entertaining to see one head honcho completely mock another company's product, so click on through for the YouTube'd interview.[Via Digg]
Human Head CEO quit in Nov, talks now
FiringSquad reports that Human Head CEO Timothy Gerritsen has left the studio; in fact, he did so shortly before Thanksgiving last year. When questioned, Gerritsen said he departed on friendly terms, but was driven to leave because of creative differences. Gerritsen did not like the direction the other owners were steering Human Head in.Gerritsen confirmed that he would remain in game development, though he declined to give specifics. Human Head co-founder and president Paul MacArthur has been acting as interim CEO.
Apple takes $84 million charge, defends Steve Jobs in options scandal
While Apple's surely enjoying the perks of having a monumental amount of iPods unwrapped just days ago, everything's not exactly kosher in Cupertino. Aside from the mysterious mouse the firm just patented, the company is facing another bevy of off-the-wall lawsuits, all while trying to fish its CEO out of potentially hot water. After the Securities and Exchange Commission found that ole Steve was granted 7.5 million stock options without the proper authorization of Apple's board of directors in 2001, there was widespread speculation that Mr. One More Thing may suffer the same fate as Apple's former CFO Fred Anderson, who resigned after a similar debacle in 2004. It seems, however, that things just might work out okay after all, as Apple finally filed its required forms with SEC, recognizing a "total additional non-cash, stock-based compensation expense of $84 million after tax, including $4 million and $7 million in fiscal years 2006 and 2005, respectively." Aside from taking the lofty charge, the company also stated that while Jobs was "aware of the favorable grant date recommendations, he did not financially benefit from these grants or appreciate the accounting implications." So all those out there holding your breath to see if Macworld would ever be the same if this went south, it looks like we'll be seeing jeans and a black shirt all over again in just a few weeks.
Steve's Special Stool
It's no big secret that Our Glorious Leader has very particular tastes, and he likes getting his way. Fast cars (Mercedes Benz), fast jets (Gulfstream), and according to Valleywag, secret three-legged stools. Though no real details are known about said stool, the Valleywag tipster says that Unkie Steve requires his designer stool to be present at all important meetings (both Apple internal meetings and certain outside meetings), as well as available to sit on during long flights on his jet (though the safety of a three-legged stool in turbulence seems dubious to me). One would imagine that this stool will be present during the keynote, so everyone keep their eyes sharp to see if we can't identify it.
Monster Cable fires 120 employees, still overcharges for accessories
Wouldn't it figure -- the company synonymous for charging absurd amounts of coinage for products that are debatably no better than the copper-laced counterparts available en masse for much less is cutting 120 jobs, only to replace them with outsourced labor. While we fully understand the "business demands of the 21st century," as Mr. Lee so aptly implied, there's something to be said when you're suckering folks into buying cranking out $100 HDMI cables and $70 iPod controllers, yet can't afford to hook your loyal employees up with anything more than "four weeks severance" and a dash of "counseling." What's notable about all this is that prior to this recent batch of layoffs, excessed employees received "four weeks pay plus one additional week of pay per year of service." Furthermore, many employees say the job searching assistance is "worthless," as they really have no desirable skills besides the one's learned at Monster. 'Tis a shame to see the folks let go, but we're fairly certain the firm's (supposed) cash drought isn't due to a lack in markup.[Via CEPro]
Creative's CEO offering up his Lexus to celebrate 25 years
If there's two things we like here at Engadget, it's charities and outspoken CEOs. Thanks to Creative accomplishing both in one fell swoop, the company will not only throw a month long celebration in Singapore, but give lucky donors a chance to roll away in Sim Wong Hoo's whip. To celebrate a whopping 25 years of staying afloat in the "treacherous" world of battling Apple while popping out sound cards, MP3 players, and other random gizmos, the firm is holding a one-month party with tons of sweet giveaway material to be handed out to winning donors. Topping the list is Sim Wong Hoo's (Creative's rambling CEO) own Lexus LS430 (hey, a man's got to have something to deduct on those taxes, right?), while lesser winners can take home one of the many ZEN PMPs available for raffle. While the actual name of the charities haven't yet been announced (saywha?), folks in Singapore looking for something to do on New Year's Eve should certainly cross their fingers for the "Lucky Draw" while partying it up with Mr. Hoo -- or fly to Times Square in a heavenly seat, your call.
AMD CEO: AMD + Apple inevitable
During an Intel-bashing session at the Commonwealth Club in San Francisco, The CEO of AMD, Hector Ruiz, whined remarked that an AMD + Apple partnership is in their cards: "Knowing Apple, why would they want to be held hostage like everyone else has been?" Of course, Apple wasn't available to comment on whether Mac users could have AMD inside anytime soon.While I try to manage my shackled ankles that this iMac imposes, I'll let you check out the full rundown of what Ruiz had to say at Bloomberg.[via Engadget]
Atari appoints new CEO, hopes to avoid pitfall
David Pierce is one lucky guy. In addition to being given a fancy "CEO" title and $600,000 annual salary, the man has now been placed at the helm of Atari, currently in the process of sailing through stormy seas and various other clichés that amount to a lot failure and not an awful lot of money in the bank. He has over 20 years of management experience, including stints at Universal Pictures, MGM, Sony Pictures and Sony Music Entertainment -- perfectly valid evidence to back up the claim that he generally knows what's he's doing. Atari stocks went up by a whole penny following the news, indicating that more than one person believes this to be a good move.The company's previous CEO and potential Marvel Comics character, Bruno Bonnell, has been shifted into the position of "Chief Creative Officer." Presumably, that entails coming up with creative ways to get the most out of the stationery and decorating the offices with cost-effective origami and pleasing fingerpaintings. Joking aside, these internal modifications may finally allow this Atari (Infogrames in disguise) to escape its current rut, reap the financial rewards and usher in an all-new video game apocalypse. Will Mr. Pierce be able to plug up that hole in the company's boat? We'll have to wait and see (and play).[Thanks cringer8!]
iTMS movie downloads in September - but only one studio on board so far?
The rumors are flying even faster in the last couple days that movies could appear in the iTMS as early as September. We're hearing that Apple might have an event planned in San Francisco for Sept. 12th, where they could announce iTMS movies, or simply a $300 leather case for their $350 iPod Hi-Fi. Curiously, Business Week is running an article about opposition against iTMS movies from Wal-Mart, of all companies (turns out they're the largest DVD retailer with 40% of the market). Business Week also mentions that Apple only has one studio signed on so far - Disney (of course) - though we aren't sure where they heard that (with studio CEOs dropping their own hints, it seems anything goes right now).So where does this all leave us? Honestly, we're not sure. Rumors are flying, but Apple hasn't officially made any event announcements or so much as sneezed in one direction or another. We wish we had more to tell you, but for now, we'll just have to keep our ears open.[Update: woops, Apple actually has confirmed a special event for September 12th.]
Seagate hoping to get 120GB drives into the iPod?
If you're as burned out about iPhone rumors as we are, maybe rumors of new storage capacities (finally) coming to the iPod can grab your attention. Engadget found some comments in Business Week from Seagate CEO William Watkins on the state of small-format storage, including whether the Flash memory craze has fazed the company and what's coming down the pipeline in 1.8 inch hard drives. Apparently, the company will have a 120GB 1.8 inch hard drive ready for the December quarter, which would be ripe for the iPod - as it's been stuck at 60GB since Fall 2004.This is obviously no indication of whether these drives will actually make it into the iPod, but it's great to know they're available, which means there's a chance. Hold your breath at your own risk.
Dell CEO jabs at Apple, forgets how to count
Michael Dell, amidst lackluster growth reports and a dismal earnings warning, has fired a couple more potshots across Apple's bow. During a recent Q&A, Dell's CEO cited MTV's new URGE music service as one reason why he is skeptical of the iTMS market dominance over the next ten to twenty years. I guess we'll have to see how well Microsoft irons out their Plays for Sure, er URGE, er Zune project (indecisive, anyone?), and how upset users get when the Zune crashes with a BSOD right in the middle of a wireless purchase, accidentally charging their credit cards for 5 additional albums that weren't even in their shopping cart.Going further, Mr. Dell also bragged about Dell's market share statistics, stating that Apple isn't a threat because they haven't broken into the list of top five market share holders. All debates as to whether Apple is trying to, or even should, dominate the world with their shiny computers aside, Michael is only half right: Apple's market share in the U.S. has actually jumped high enough to rank them 4th in PC manufacturers (again, in the U.S.).How many times do we have to tell you this, Mr. Dell? Insulting Apple won't make them open up OS X for you.[via MacNN]
V-Phone: Vonage gets in the game
If you've been hankerin' for some Vonage-flavored VoIP-on-a-stick then listen up friend, because that sweet, cheap, SIP goodness is on the way. Announced by Vonage's very own Jeffrey Citron while on-stage at the TechEffect Convergence 2.0 show, this little red USB keychain can be plugged into any Internet connected PC for Vonage customers to make calls on the go. More details are expected this week but from the looks of that pic, we'll guess the device will feature an integrated mic and good ol' standard 3.5-mm jack for some hot headset-on-stick action. Yeah, not exactly a first, or even a distant second in this game but let's stay tuned anyway to see how Vonage plans to lead follow this Internet phone revolution.
And the award for 46th most important business personality goes to... Mike Morhaime!
CNN Money has named Mike Morhaime, the CEO of Blizzard Entertainment, as the 46th most important person in a list of 50 personalities that represent Business 2.0. We'll leave out our annoyances with the list as a whole (c'mon, naming "consumer as creator" as #1? Cop out!) so instead we'll use Mike's naming as an opportunity to analyze the importance of Blizzard's crowning achievement, World of Warcraft, to the World of Business.The totality of CNN's tribute to Mike is dedicated to the wild popularity of WoW. The article claims that WoW is more than "just another video game", citing the uniqueness of the game's popularity (6.5 million users and climbing), profitability (WoW brought in $700 million last year) and peripherals (a thriving out-of-game market for virtual goods worth around $200 million) as factors that make Mike a uniquely influential business leader.Big business' attraction to World of Warcraft's is no doubt due to the game's domination of MMO marketshare -- when you own 50% of a subscription based market you're bound to draw the attention of the suits -- so we wouldn't be surprised if WoW isn't the company's last MMO, despite earlier denials by a Blizzard staffer. Still, we feel sorry for Mike. On one side he's got the money crazy suits asking for more, MORE MMOs, and on the other he's got millions of StarCraft, Diablo and WarCraft fans screaming for sequels to their beloved franchise. He deserves an award just for being able to maintain that smug smile!
Let's face it: Steve will have to step down sooner or later, too
With Gates' bombshell announcement last week that he will be stepping down from his full-time role at Microsoft in 2008 to spend more time with his Gates and Melinda Foundation charity org, I finally came to wonder: how much longer does Steve have at Apple? Both companies were started around the same time and have helped shape the industry as we see it today. That has to be exhausting work, especially for someone like Jobs whose design and management obsessions are now the stuff of legends. Steve already stepped down from his other company, Pixar, so he could spend more time at Apple - but I'm wondering how long that's going to last, and what it means for Apple's future.Plenty of articles are analyzing the impact of Gates leaving Microsoft, as it's a slightly different situation. Bill is their Senior Software Architect, not the CEO - that's Ballmer, and he'll apparently be staying on and doing the same, shall we say, 'bang-up job' he's been doing since he took that throne. But Steve Jobs is Apple's CEO, and famous for the amount of control he exacts over bringing his the company's visions to life. So what would a two-week's notice from Steve mean to Apple and its burgeoning market?Honestly, I don't know, and since I am but a lowly blogger, I'll leave it up to those six-figure analysts who 'are people who know people' to pen those pieces. But before those analysts start earning their keep, TUAW wants to hear your thoughts, dear readers: what do you think it will mean for the future of Apple and their products when Steve needs to call it a day?
Stringer: The Xbox 360 is an "obsession"
Well, you know what they say about what to do when you have nothing nice to say ... erm, say that the competing gaming platform (in this case, the 360) is an "obsession"?That's exactly what Sony CEO Howard Stringer had to offer in an interview with Walt Mossberg of The Wall Street Journal recently. While sharing how The Da Vinci Code from Sony beat up on "X-Men 3" (aka The Last Stand) over in Europe, he seemed to mistakenly throw in "Xbox 3" in the stead of Fox's great summer blockbuster hope. Following Mossberg's correction, Stringer is reported to have retorted, laughing, "There's an obsession!"We don't know if he's referring to the media's obsession with the corporate gaming rivalry, his own obsession with the console that would dethrone the PlayStation, or some combination of the two (irony really doesn't help here), but he does seem to at least outwardly admire Bill Gates' salesmanship (as well as his hypocrisy in delaying Windows Vista while lambasting the PS3 delay). Of course, a lot of supposed compliments could go both ways, so we've provided a few handy links below to check out what other "nice" things hardware execs have had to say about their competitors lately. We're sure it's all in good fun.[Thanks, JC & SickNic; also via GameDaily BIZ]See also: Nice words -- "Thanks," "flattered," and "flattering." Not-so-nice words -- "Plagiarism," "no need for PC," "not mainstream for most games," and "same old experiences with new graphics."
Infinium founder charged with using "impending Phantom launch" to inflate and sell stock
Timothy Roberts, the founder and former CEO of Infinium Labs, the company that promised us the Phantom (which came in at second on Wired's list of vaporware products of '06), has been accused by the Securities and Exchange Commission of artificially inflating stock and selling it on at a $422,500 profit. The SEC alleges that Roberts hired a promoter to send junk faxes to investors citing the Phantom's imminent launch, when in fact the console had postponed the launch due to insufficient funds. According to the SEC, Roberts then sold 1.3 million shares from the company -- without any disclosure -- and secretly paid the promoter he had hired. These two actions, unfortunately for Roberts, are against the law: the SEC has asked a court to force Roberts to surrender the cash, pay a penalty and to prohibit him from ever becoming a CEO again.Meanwhile, the company -- sans Roberts -- has blown through $63 million without producing the Phantom and has lost another CEO yet still claims to be relevant and capable of launching The Phantom along with a useless lap-based keyboard accessory. Someone put the company out of its misery. Pretty please?[Thanks, Neal]
Jobs to spend more time at Apple
Steve Jobs told shareholders this week that, in light of Disney's acquisition of Pixar, he would actually be spending more time at Apple, in part because he'll be relinquishing his CEO position at Pixar in a couple of weeks once the merger finishes. Many have been speculating that Mr. Jobs would be spending more time at Disney, but he publicly responded "that couldn't be further from the truth... It'll require less of my time than Pixar did."This should be good news for anyone concerned about Mr. Jobs' continued involvement with Apple.[via Wired]
RedOctane CEO: More music games coming
In an interview with GamesIndustry.biz, RedOctane CEO Kelly Sumner revealed that the company's "got other products in development" in the music genre.The former Take Two Interactive Europe CEO's statement that he "can't tell you what [these other products] are and when they're coming" would lead us to believe he's not talking about the Guitar Hero sequels (sorta like song expansion packs) already announced.A rhythm line-up to rival Konami's Bemani brand, perhaps? This blogger would love something to take advantage of the RedOctane drum peripherals created for Namco's Taiko Drum Master, and it wouldn't be too hard for Harmonix to work up a karaoke game considering their work on Karaoke Revolution (unless licensing prevents it). Whatever the case, fans of music gaming would love to see what Sumner's got up his sleeve.[Thanks, murph]See also: Guitar Hero readies for European tour A whole range of Guitar Heroes to be available A postmortem on Accordion Hero (with a little info on Guitar Hero, too) RedOctane Guitar Hero Specialty Store [where'd the cherry SG go?!]
