Will Apple's Retail Strategy Change Under Angela Ahrendts?
Apple CEO Tim Cook announced last fall that Angela Ahrendts, whom he called one of the smartest people he's ever met, would assume control of all things retail at One Infinite Loop "sometime in the spring of 2014." That moment arrived around May 1. Will Ahrendts move the needle for retail at Apple and provide more value to investors? She has big shoes to fill. The first de facto head of retail there was legendary former CEO Steve Jobs, who developed the Apple Store concept way back in the pre-iPod days.