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Apple Losing Siri Co-Founder

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By Jon C. Ogg Updated Published

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Bloomberg TV has reported that Apple Inc. (NASDAQ: AAPL) may be losing Adam Cheyer, one of Siri’s co-founders.  The report comes a day before the new iPhone 5 is unveiled, and Siri is the voice recognition system in the newer iPhone models.  Apple shares closed down 0.3% at $660.59 today and the shares are up very marginally after the close in Tuesday’s after-hours trading session. This news may sound like a blow but it apparently is not the first Siri insider to leave Apple.

This is one of those instances where news may be more like noise.  It also shows just how much of a micro-focus there is on the world’s largest (now and ever) company by market value.

JON C. OGG

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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