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One Year Ago Today, Tim Cook Made His Biggest Move As Apple CEO, And Truly Started The Post-Steve Jobs Era

tim cook scott forstall apple

REUTERS/Stephen Lam

Tim Cook on stage with Scott Forstall (on the right).

A year ago today, Apple fired Scott Forstall, the SVP of iOS software. iOS is the software that powers the iPhone, iPad, and iPod Touch. Together, those products make up 70% of the company’s revenue

Firing Forstall was the biggest decision Tim Cook made as CEO. It set a new direction for Apple, and truly started the post-Steve Jobs era. 

Ousting Forstall had to be a tough decision for Cook. Forstall created the iPhone’s software. On the patent for how the iPhone works, Forstall is the second name after Steve Jobs

Forstall was considered a mini-Steve Jobs. He was also dubbed the “CEO-in-waiting.” He was smart, hard-working, and abrasive. However, unlike Jobs’ abrasive personality which managed to win people over and command loyalty, Forstall’s abrasive personality was a turn-off to Apple’s top executives.

That is reportedly why Apple forced Forstall out of the company. 

jony ive apple

AP

Jony Ive, the new leader at Apple.

Jony Ive, the hardware designer who makes Apple’s industry defining device designs, reportedly couldn’t stand to be in the same room as Forstall. Bob Mansfield, who led Apple’s hardware engineering also disliked Forstall.Cook had a choice: Keep Forstall, who ran the most important business at Apple, and alienate Ive, and Mansfield. Or fire Forstall, and keep those guys happy.

Luckily for him, Forstall made the choice simple. Forstall led the development of Siri, and Apple Maps. Both were big flops, and embarrassments for Apple. Cook issued a public apology for Maps, and asked Forstall to sign his name to it. Forstall refused, and Cook decided enough was enough. He forced Forstall out.

At least, that’s the story that leaked in the press. It’s possible Cook was thinking about firing Forstall sooner.

We don’t know the full story because Forstall has disappeared. He hasn’t made a single peep as far as we can tell. At various points through the year, we’ve tried to ask around to see what he’s doing, but we’ve heard zip.

This is in contrast to Steven Sinofsky, who was at Microsoft. Sinofsky, much like Forstall, was considered the CEO-in-waiting at Microsoft. He led Windows, and was said to have a demanding, abrasive personality. He too was forced out of Microsoft.

Steven Sinofsky

AP

Steven Sinofsky

Unlike Forstall, who went silent, Sinofsky was commenting on blogs, writing his own long blog posts, working at Harvard, and eventually turned up at venture firm Andreessen Horowitz.Forstall, meanwhile, is nowhere to be found. It’s still early in the day, but thus far we haven’t even seen another story marking the occasion. Forstall has been forgotten.

Which is strange, because the day after he was booted, we noted he was the most valuable free agent in tech. Samsung, Microsoft, Google, and many other companies would love to have Forstall, with his expertise in mobile software.

He’s clearly bound by a contractual agreement to sit still. This too is surprising, though. How much money could Apple pay him to shut up? Is it worth being gagged for years? Especially when you consider what Apple has done to his work.

Since Forstall left, Apple has wiped out much of his legacy. The basics of how the iPhone works remain intact. However, the look and feel of the iPhone’s software are totally different.

Ive was promoted when Forstall was fired. Ive changed everything about how iOS looks. He “flattened” it. He took away the life-like animations, and life-like illustrations. He made things simple, less glitzy.

When Apple introduced its new software in June, it even took little potshots at Forstall’s design.

craig federighi calendar

Business Insider

Federighi on stage making fun of Apple’s old design.

On stage, Craig Federighi, who also got a promotion when Forstall was kicked out, introduced a redesigned Game Center saying, “We ran out of felt and wood.” The old version of Game Center had a felt and wood design on it. The new version was flat, with no textures.It was weird to see Apple making fun of… well, Apple. Federighi wasn’t just insulting Forstall’s design taste, but also the design taste of Steve Jobs, who reportedly loved digital textures that looked like real-life design. 

iOS6 vs. iOS7 Game Center

Screenshot

How Game Center changed. The Forstall/Jobs-approved version is on the left.

I’m not going to pretend to know Jobs’s taste — no one could, that’s what made Steve Jobs Steve Jobs — but I can certainly make a guess, and my guess is that he would not have supported this direction,” Apple authority John Gruber recently wrote, “Apple authority John Gruber recently wrote, “This is neither damning nor praising iOS 7. But I do think it’s a tangible sign that Tim Cook means it when he says that Jobs’s advice to him was never to ask ‘What would Steve have done?’ but instead to simply ask ‘What is best for Apple?’ and judge for himself.”This design change is the first truly post-Jobs product Apple released. 

By removing Forstall, Cook set the path for the company in the years to come. Ive will be the creative genius, the visionary that guides Apple. The company will be more collaborative, and less tied to one person as it was under Jobs. 

So far, the results look good. iOS 7 has some problems, but overall, it’s a solid product. It didn’t suffer from the glaring problems that plagued Siri and Maps. 

For now, firing Forstall, the biggest decision Cook made as CEO, seems to be the right one. 

Bidding Process – Procedures for the Sale of Bell and Howell Patents

Further to Gerbsman Partners e-mail of September 30, 2013 regarding the sale of certain Patents of Bell and Howell, I have outlined below the Bidding Process for interested buyers.  I have also attached detailed Patent information.

The Bidding Process for Interested Buyers

Interested and qualified parties shall perform their own due diligence regarding the Bell and Howell Patents number 924 and 315 and shall be deemed to acknowledge and represent (i) that it is bound by the bidding procedures described herein;  (ii) that it is not relying upon any written or oral statements, representations, or warranties of Gerbsman Partners, or their respective staff, agents, or attorneys; and (iii) all such information documents and reports have been provided solely for the convenience of the interested party, and Gerbsman Partners (and their respective staff, agents, or attorneys) do not make any representations as to the accuracy or completeness of the same.

Interested parties will be invited to participate with a sealed bid, for the acquisition of one or both of the Bell and Howell Patents. Each sealed bid must be submitted so that it is received by Gerbsman Partners no later than Wednesday, November 12, 2013 at 3:00pm Eastern Time (the “Bid Deadline”) at Bell and Howell’s office, located at 3791 S. Alston Avenue, Durham, NC 27713-1803, attn Blake Eaddy, Esq..  Please also email steve@gerbsmanpartners.com with any bid.

Bids should identify one or both of the Patents  being offered by Bell and Howell.

Any person or other entity making a bid must be prepared to provide independent confirmation that they possess the financial resources to complete the purchase.  All bids must be accompanied by a refundable deposit in the amount of $200,000 (payable to Bell and Howell.).  Wiring instructions will be in a follow up email.  The winning bidder will be notified within 3 business days of the Bid Deadline. The deposit will be held in trust by Bell and Howell.  Unsuccessful bidders will have their deposit returned to them within 3 business days of notification that they are an unsuccessful bidder.

Bell and Howell. reserves the right to, in its sole discretion, accept or reject any bid, or withdraw any or all the Patnets from sale.  Interested parties should understand that it is expected that the highest and best bid submitted will be chosen as the winning bidder and bidders may not have the opportunity to improve their bids after submission.

Bell and Howell will require the successful bidder to close within a 7 day period. Any or all of the assets of the Bell and Howell Patents. will be sold based on a negotiated agreement.

All sales, transfer, and recording taxes, stamp taxes, or similar taxes, if any, relating to the sale of the Bell and Howell Patents shall be the sole responsibility of the successful bidder and shall be paid to Bell and Howell. at the closing of each transaction.

For additional information, please see below and/or contact:

Steven R. Gerbsman
steve@gerbsmanpartners.com

Kenneth Hardesty
ken@gerbsmanpartners.com

Delivering information in a preferred medium
Historically communications between businesses and customers have been “paper-based”, and delivered through one of the major postal carriers.  However, advances in web and mobile technologies and changes in consumer behaviors have pushed business to plan for multi-channel communication strategies where information can be delivered how and where each user wants.

These trends and changes will only accelerate – and consumers are now in the driver’s seat for defining the next technology and communication wave.   So companies who have information to share – whether it be a monthly bill, a quarterly statement, a notification regarding an account change, a marketing promotion, a location-based coupon, a real-time message about weather or travel changes – need to be thinking about how they are tracking individual preferences and managing data for delivery across these various channels.

The technology disclosed in the 6,157,924 and 6,701,315 patents present a preferred approach for addressing this critical business and technology issue.  The patents define how the message recipient can specify a preferred delivery medium for their communication delivery, which can include but are not limited to web, FAX, E-mail, printed document and mail, and any other current or future technology advancement, and how information can be sent.
If your business is managing information today or in the future across one or more channels, this patent may be of interest and great value.

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San Francisco, October, 2013
Successful “Date Certain M&A” of a Software-as-a-Service (SaaS) provider of digital marketing suites company, its Assets and Intellectual Property.
Steven R. Gerbsman, Principal of Gerbsman Partners, Kenneth Hardesty and James Skelton, members of Gerbsman Partners Board of Intellectual Capital, announced today their success in maximizing stakeholder value for a venture capital backed, Software-as-a-Service (SaaS) provider of digital marketing suites company, its Assets and Intellectual Property.

Gerbsman Partners provided Crisis Management and Investment Banking leadership, facilitated the sale of the business unit’s assets and its associated Intellectual Property. Due to market conditions, the board of directors made the strategic decision to maximize the value of the business unit and Intellectual Property. Gerbsman Partners provided leadership to the company with:

1.  Crisis Management and technology/digital marketing domain expertise in developing the strategic action plans for maximizing value of the business unit, Intellectual Property and assets;
2.  Proven domain expertise in maximizing the value of the business unit and Intellectual Property through a Gerbsman Partners targeted and proprietary “Date Certain M&A Process”;
3.  The ability to “Manage the Process” among potential Acquirers, Lawyers, Creditors Management, Advisors and the Receiver;
4.  Communicate with the Board of Directors, senior management, senior lender, creditors, vendors and all stakeholders in interest.
About Gerbsman Partners

Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in under-performing, under-capitalized and under-valued companies and their Intellectual Property. Since 2001, Gerbsman Partners has been involved in maximizing value for 79 Technology, Life Science, Medical Device, Solar and Digital Marketing companies and their Intellectual Property and has restructured/terminated over $810 million of real estate executory contracts and equipment lease/sub-debt obligations. Since inception in 1980, Gerbsman Partners has been involved in over $2.3 billion of financings, restructurings and M&A transactions.

Gerbsman Partners has offices and strategic alliances in San Francisco, Boston, New York, Washington, DC, McLean, VA, Europe and Israel.

GERBSMAN PARTNERS
Phone: +1.415.456.0628, Cell: +1 415 505 4991
Email: steve@gerbsmanpartners.com
Web: www.gerbsmanpartners.com
BLOG of Intellectual Capital: blog.gerbsmanpartners.com

DC Stylist Lauren Rothman’s ‘Style Bible’ Fashion Advice Book Hits the Shelves Tomorrow

When it comes to fashion advice in Washington, you go to Styleauteur Lauren Rothman, the District’s top fashion stylist. She’s advised everyone from C-suite executives and attorneys to political candidates, from motivational speakers to the Redskins. Tomorrow, her book Style Bible hits the shelves, a guide for the masses on how to dress for success in the workplace. We spoke with Rothman to get her take on what it takes to be a stylist in this city.

Rothman is of Cuban descent and grew up in Florida. I was surprised to hear that her native tongue is Spanish, as she speaks perfect English and regularly makes public appearances on local and national television. She writes the political style Fashion Whip column for the Huffington Post, and of course, there’s her book: Style Bible.

Over the weekend, she hosted a book signing in Queens, N.Y., where she sold 100 books in 45 minutes. This Saturday, October 19, grab a book and meet her at the Barnes & Noble at Tysons Corner Mall.

After high school, Rothman headed north to Colby College, a small liberal arts school that was big on khaki pants and button-downs. “I was edgier than my classmates. I would dress up for parties, while my friends wore the same stuff out as they did to class.” This was a turning point for Rothman, as she realized she had a unique eye for fashion that others didn’t have. She took up internships at MTV Networks and the fashion closet at Elle Magazine (think the big Runway closet in Devil Wears Prada, without the devil).

At Elle Magazine, Rothman quickly grasped fashion trends and what was hot. What she wanted to learn was why. “I took jobs at trend forecasting firms like Faith Popcorn.” Her  work under Popcorn, a futurist and trend forecaster, was the big learning opportunity she needed to take her expertise to the next level.

Rothman’s advice to D.C. stylists? Get out of D.C. “Get hands-on experience in another city. I came to D.C. as a stylist from New York after getting valuable experience,” she said.

She also had a few remarks on the types of clients she gets in Washington, where the people she styles are not the glamorous types that first come to mind. “A good stylist can dress any body type on any budget. A size zero is easy, but a size 26 is more challenging, and I am not usually working with Hollywood budgets,” Rothman said. She stressed that Washington stylists must be willing to put in hours and do a lot of work to appeal to a wide variety of clients.

She likes to mix high-end with everyday pieces in her looks, for example, a pair of Louboutin heels with an outfit from Zara. Some of her favorite brands to wear are Black Halo, Rachel Zoe, Diane Von Furstenberg, Chanel and Gucci.

“I tend to ask clients: what is your messaging? How to you want to be perceived?” she said. “It’s not just about clothes. It’s personal.”  Like Lauren on FACEBOOK

ANALYST: Apple Will Launch A Cheaper iMac Next Year

Alyson Shontell

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Ming-Chi Kuo, an analyst at KGI Securities, believes Apple will release a cheaper iMac in 2014, Apple Insider’s Neil Hughes reports.
Apple set its latest iMac price too high and lowering the cost will help drive shipments abroad, Kuo said in a note released Saturday. The cheapest iMac out now costs $1,299.

In addition, Kuo believes Apple will launch its third iPad mini next year. The second-generation iPad mini hasn’t launched yet, but it’s expected to be announced on Oct. 22.

Read more: http://www.businessinsider.com/analyst-apple-will-launch-a-cheaper-imac-next-year-2013-10#ixzz2hd4SIQvH