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HolidayBuyer's Guide
Tech Industry

Stunning shakeup at Apple

Apple CEO Gilbert Amelio and executive vice president Ellen Hancock abruptly resign, leaving the company's leadership and future in question.

Chief executive Gilbert Amelio and executive vice president Ellen Hancock abruptly resigned from Apple Computer Wednesday, leaving the company's leadership and future in question. CNET's NEWS.COM provides comprehensive coverage of the departures and their consequences.

Latest developments
•  Stock jumps on buyout rumors lead story
•  Board member tells inside story
•  CEO search off to slow start
•  Letter from Amelio to the staff
•  Letter from executive management
The resignations
•  Amelio, Hancock step down
•  No hugs, just hisses for Dr. Gil
•  A CEO's golden handshake
•  Apple execs criticize Amelio March 14, 1997
The future
•  Jobs and the succession
•  Some hope in Apple products
•  Move could hurt bottom line
•  Live interviews, analysis CNET Radio
The business
•  Cloners: Alliance threatened
•  Developers: Resignation is opportunity
•  Resellers: Change does little good
•  Long, rough road for Apple timeline
The background
•  Did Jobs sell stake in Apple? June 27, 1997
•  Apple spins off Newton division May 22, 1997
•  Apple loses $708 million April 16, 1997
•  Ellison still wants Apple March 27, 1997
•  Apple lays off thousands March 14, 1997
•  Amelio takes to the pulpit January 7, 1997
•  The Apple-Next deal December 20, 1996
•  Apple posts $700 million loss March 27, 1996
•  Amelio replaces Spindler February 2, 1996