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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
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Apple : Airbnb hires former Apple designer Jony Ive's firm for multi-year partnership

10/21/2020 | 09:49pm EST
FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco

OAKLAND, Calif. (Reuters) - Home rental company Airbnb Inc on Wednesday said it was hiring former Apple designer Jony Ive and his firm to design new Airbnb products and services under a multi-year deal.

Ive was a close creative collaborator with Apple Inc co-founder Steve Jobs. Ive spent nearly three decades at Apple, leading the design of the candy-colored iMacs that helped Apple re-emerge from near death in the 1990s and the design of the iPhone. He left Apple last year.

In a blog announcing the work relationship, Airbnb Chief Executive Brian Chesky said Ive will also help develop the Airbnb internal design team.

Airbnb on Wednesday told employees Chief Design Officer Alex Schleifer would be moving to a part-time role and that the company would be looking for a permanent replacement, according to a source close to the company.

The deal with Ive and his firm, LoveFrom, coincides with Airbnb's effort to raise around $3 billion in its upcoming initial public offering, according to sources.

Airbnb is expected to be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs.

(Reporting By Jane Lanhee Lee; Editing by Cynthia Osterman)

By Jane Lanhee Lee


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 0.48% 116.59 Delayed Quote.58.05%
IVE GROUP LIMITED -1.84% 1.335 End-of-day quote.-44.83%
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Financials (USD)
Sales 2021 315 B - -
Net income 2021 66 095 M - -
Net cash 2021 80 862 M - -
P/E ratio 2021 29,5x
Yield 2021 0,73%
Capitalization 1 982 B 1 982 B -
EV / Sales 2021 6,04x
EV / Sales 2022 5,69x
Nbr of Employees 147 000
Free-Float 99,9%
Chart APPLE INC.
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Apple Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 126,66 $
Last Close Price 116,59 $
Spread / Highest target 28,7%
Spread / Average Target 8,64%
Spread / Lowest Target -35,7%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
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