Monday, November 21, 2011
Iger And The Apple
Forget to mention that last week Disney CEO Bob Iger was given a seat on the Apple Board of Directors. The Steve Job's passing opened the position of Chairman of the Board which was given to a sitting board member opening up a new seat. Iger moved right in. Kind of surprising that Iger wasn't already on Apple's Board given that Steve Jobs was Disney's largest individual stockholder and a member of the Disney Board of Directors all of which he got when Disney acquired the Job's owned Pixar empire.
What does all this mean? I don't know except probably more apps for your iPhone, iPad, or iPod Touch. Disney is just tapping the download app market which is quick, easy, and highly profitable.