Eddy Cue, Apple's senior vice president of software and services, testified that he never received an email from Jobs that said publishers would have to change their e-book sales terms with Amazon in order to reach an agreement with Apple. Cue said he didn't receive any of the four other drafts of the message, either.
Furthermore, Cue said there's no … Read more
Apple's e-book pricing trial has brought its fair share of funny moments and tense exchanges.
The Justice Department, which initially sued Apple and a handful of the nation's largest publishers slightly more than a year ago, contends Apple forced publishers to move to a model that artificially inflated the prices of digital books and hurt consumers. Apple has argued that it wasn't trying to change in the industry and that it was only trying to secure the best deal for itself.
With two weeks down and one week to go, most of the key witnesses have testified. … Read more
Eddy Cue, Apple's senior vice president of Internet software and services, on Thursday testified in district court in lower Manhattan that he had to convince Jobs to let him pursue an e-bookstore. Even before the iPad launched, Cue was certain Apple should have a bookstore for its iPhone and Macs, but Jobs believed those products weren't ideal for reading.
"What happened was when I got my … Read more
iTunes chief Eddy Cue unveiled Apple's iTunes Radio at the company's big developer conference in San Francisco this week, and it didn't take long before a chorus of rivals and pundits dismissed the product as, well, no big deal, especially considering that so many streaming-music services already exist.
The current king of Internet radio, Pandora, made sure the press was aware of how large it was, with 200 million registered users, 70 million of whom are regular listeners, and 5 billion stations created. Even Nokia -- that's right, Nokia -- trotted out a VP who suggested … Read more
NEW YORK -- A high-level Apple executive admitted his company's deal with publishers caused some e-book prices to rise, giving weight to the government's accusation that Apple's machinations hurt consumers.
Eddy Cue, Apple's senior vice president of Internet software and services, who took the stand Thursday in district court in lower Manhattan, also said Apple considered splitting the market with Amazon in a setup where Apple would control the music market, while Amazon would monopolize books.
Cue's testimony marks a pivotal point in the trial, in which the Justice Department is attempting to prove that … Read more
Apple's iTunes, iCloud, and Maps chief, Eddy Cue, let go of a portion of company stock last Friday, a new filing shows.
According to a filing with the U.S. Securities and Exchange Commission this afternoon, Cue sold off 15,000 shares last week, worth just under $584 apiece on average.
The total sale was worth just less than $8.76 million.
Cue was promoted to senior vice president last September, a month after Tim Cook took the helm as CEO. As part of the promotion Cue oversaw iTunes, iCloud, iAd, and Apple's iBookstore. With an executive shuffle … Read more
Ferrari, one of the iconic names in high-performance sports cars and Formula 1 racing, has invited Apple's iTunes' chief to join its board of directors.
Eddy Cue, Apple's senior vice president for Internet software and services, said in a statement released by the Italian car company that he is "proud to become a member of the board."
Cue owns a collection of sports cars, including a Ferrari, according to people who were interviewed for a CNET profile on Cue that was published last week.
In the statement about his board position, Cue said that five years … Read more
In Apple's never-ending negotiations with record labels, iTunes boss Eddy Cue often played the good cop to Steve Jobs' bad cop. But for current CEO Tim Cook, Cue may well be Mr. Fix-It.
In a surprising executive shuffle, Apple announced Monday that Scott Forstall, who runs software development for the iPad and iPhone, would be leaving the company, along with retail chief John Browett. Cue, an Apple employee for 23 years who was chief of iTunes since it launched in 2003, has now absorbed control of the Siri voice recognition service and the disappointing Apple Maps.
For the affable … Read more
Apple is working hard to convince the major record companies to buy into its plan for a Web radio service, but some at the labels don't like what they're hearing.
Bloomberg reported this afternoon that Apple's negotiations with the three top labels have "intensified" over an ad-support Web radio service that Apple hopes to launch early next year. But music industry executives who spoke with CNET said that some decision makers at the big record companies want Apple to sweeten the offer.
The negotiations are ongoing so the terms could change, but the sources said … Read more
If you're waiting for Apple to revolutionize the TV business, you may be sitting on your hands for a while.
Apple executive Eddy Cue, who runs the company's Internet software and services business, downplayed the idea in a chat with Pacific Crest analyst Andy Hargreaves. His note, published today, was picked up by Fortune.
Apple wouldn't enter a new business unless it could create a great user experience and fix existing problems, Cue told Pacific Crest. While Apple could make an attractive user interface, it still can't address the problems that stem from the pay-TV system, … Read more
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