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Auer, Matthias
Die Presse
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2 articles of this author have been cited in the European Press Review so far.
Apple will get along fine without its boss
Owing to illness Apple boss Steve Jobs has retired from the day-to-day business of the computer and electronics company. But even if the news triggered a brief dip in the price of the company's shares this will hardly weaken it in the long term, the liberal conservative daily Die Presse writes: "Apple is not a one-man-business. Across the world 40,000 people are working on the electronics company's success. The overwhelming majority of them know Steve Jobs no better than you or I do. 'Face Time' with the Apple boss is a rarity even in Cupertino. On the inside the business has been run for years by Tim Cook, who is now standing in for the ill Apple boss for the third time officially. So for most of the employees Jobs' departure won't change things at all. And the company is well placed strategically. With its iPhone Apple has been able to keep Google and RIM at bay. And the iPad, the first successful tablet computer, has no competition at present."
» full article (external link, German)
More from the press review on the subject » Corporations, » Global
RWE withdrawal could endanger Nabucco
The German energy company RWE is considering withdrawing from the Nabucco pipeline project and changing to the Russian South Stream project. The daily Die Presse sees political motives behind this change of tack: "This will be a reason for former German chancellor Gerhard Schröder to rejoice. As Gazprom's European 'ambassador' he no doubt engineered the deal. The active political team, however, will howl with anger if RWE does make the switch. But it wouldn't be entirely innocent in this matter because as one of its majority shareholders the state has considerable influence at RWE. Or could it be that the economic arguments triumphed over the political ones here? … Certainly not. RWE has little to gain from joining South Stream. The pipeline is almost twice as expensive as Nabucco and RWE has long had access to Russian reserves anyway. So neither the company nor its shareholders in politics can afford to sacrifice the EU's much touted common energy policy for its sake."
» full article (external link, German)
More from the press review on the subject » EU Policy, » Energy, » Germany, » Austria