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    AAPL   US0378331005

APPLE INC.

(AAPL)
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Apple : Pinterest co-founder Evan Sharp joins Jony Ive's design firm

10/14/2021 | 07:20am EST
IPO of Pinterest Inc. at the New York Stock Exchange in New York

(Reuters) - Pinterest Inc said on Thursday co-founder Evan Sharp is leaving the company to join LoveFrom, a firm led by Jony Ive, the designer of many iconic Apple products.

Sharp built Pinterest's original platform and oversaw its rapid growth in the past decade, and most recently served as the company's chief design and creative officer.

Sharp founded the online scrapbook and photo-sharing platform along with Ben Silbermann, who is the company's chief executive officer, and Paul Sciarra, who left in 2012.

He will transition into an advisory role and continue to serve as a board member, the company said in a blogpost.

Ive co-founded design firm LoveFrom with fellow designer Marc Newson. "LoveFrom is a creative collective", the firm's website says. Its clients include home rental company Airbnb Inc and Italian luxury car maker Ferrari.

Ive was a close creative collaborator with Apple co-founder Steve Jobs. He spent more than two decades at the tech giant before leaving in 2019, and led the design of the candy-colored iMacs that helped Apple re-emerge from near death in the 1990s as well as the design of the iPhone.

(Reporting by Eva Mathews in Bengaluru; Editing by Saumyadeb Chakrabarty)


ę Reuters 2021
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Analyst Recommendations on APPLE INC.
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Financials (USD)
Sales 2022 379 B - -
Net income 2022 92 562 M - -
Net cash 2022 81 081 M - -
P/E ratio 2022 28,4x
Yield 2022 0,57%
Capitalization 2 655 B 2 655 B -
EV / Sales 2022 6,79x
EV / Sales 2023 6,47x
Nbr of Employees 154 000
Free-Float 99,9%
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Technical analysis trends APPLE INC.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Buy
Mean consensus BUY
Number of Analysts 44
Last Close Price 161,84 $
Average target price 167,65 $
Spread / Average Target 3,59%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
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