Former Apple retail head and JC Penney CEO, Ron Johnson, is reportedly – out – according to “a source familiar with the situation.” CNBC, who was first to report on the rumours, notes that “it [is] unclear if a successor has been named.”
Despite Apple’s 7.9-inch tablet effectively ‘selling out’ shortly after its official launch back in October, recent changes made to the shipping estimates seen on Apple’s Online Store now suggest that the company has caught up with consumer demand for the product.
Over the weekend, a report surfaced via The Wall Street Journal that cited Apple had – (according to people familiar with the situation) – begun cutting back its orders of components and parts needed to produce its iPhone 5, due to ‘weaker-than-expected’ demand. This has, in turn, caused a ripple effect in the market, seeing some investors begin dropping AAPL stock, which ultimately led to the (very real) 3.5-percent drop we saw in the stock’s share price on Monday.
9to5Mac relays reports this morning that a car has smashed into the glass fascia of Apple’s flagship Lincoln Park retail store in Chicago, Illinois — and while thankfully no-one was seriously hurt during the incident, employees questioned at the store did hint that they expect the store to be out-of-action for a short period on Monday, as repairs are carried out.