Analyst: Apple exec shake-up no cause for concern

In a note to clients — as reported by “AppleInsider” (www.appleinsider.com) — Piper Jaffray Gene Munster says the big shake-ups to Apple’s executive team (http://macte.ch/ncQJj) is no cause for concern.

Design guru Jony Ive will be with Apple for the “foreseeable future,” he adds. Munster thinks Ive’s expanded role should put to rest “a recurring investor concern of an Apple without Ive.”

read more