Apple May Or May Not Be Searching For a New CFO
Apple CFO Peter Oppenheimer (left) and Blackstone CFO Laurence Tosi (right) that it has learned from three separate sources that Apple has approached Laurence Tosi of investment firm Blackstone Group about taking on the role of Apple's Chief Financial Officer. Tosi would replace Peter Oppenheimer, who has served as Apple's CFO since 2004.
Tosi has reportedly indicated to Blackstone management that he intends to remain with the investment firm, suggesting that Apple may have to continue searching for a new executive. But in addressing the claims, Apple has gone as far as to state that Oppenheimer is very happy with the company and that Apple is not conducting a search for a new CFO, leading to questions about exactly what is happening behind closed doors.
Tosi told Blackstone CEO Stephen Schwarzman that he plans to stay, rather than join Apple, said two of the people, who asked not to be identified because the talks were private. Steve Dowling, a spokesman for Apple, said the company is "not conducting a CFO search." Current CFO Peter Oppenheimer "loves the company and is extremely happy in his role," Dowling said.
A similar note provided to All Things Digital by Apple includes a statement that "Peter is not leaving Apple."
Oppenheimer, a fixture on Apple's quarterly earnings conference calls, has helped guide Apple to tremendous financial success over the past six and a half years, with Apple currently sitting on over $50 billion in cash and investments and registering as the world's second-largest publicly-traded company with a market capitalization of over $300 billion.
Popular Stories
We've been focusing on deals on physical products over the past few weeks, but Black Friday is also a great time of year to purchase a streaming membership. Some of the biggest services have great discounts for new and select returning members this week, including Disney+, Hulu, Paramount+, Peacock, and more.
Note: MacRumors is an affiliate partner with some of these vendors. When you click a...
iOS 26.2 is currently in beta testing. The upcoming update includes a handful of new features and changes on the iPhone, including a new Liquid Glass slider for the Lock Screen's clock, offline lyrics for Apple Music, and more.
In a recent press release, Apple confirmed that iOS 26.2 will be released to all users in December, but it did not provide a specific release date.
Keep reading...
iOS 27 will reportedly have two major elements: quality improvements and new AI features.
In his Power On newsletter today, Bloomberg's Mark Gurman said that iOS 27 will be similar to Mac OS X Snow Leopard, in the sense that Apple is focused on improving "quality and underlying performance" over adding new features.
Gurman said there is one exception to this rule, though, as he expects...
On this week's episode of The MacRumors Show, we talk through all of the new features and improvements expected to come to next year's iPhone 18 Pro and iPhone 18 Pro Max models.
Subscribe to The MacRumors Show YouTube channel for more videos
Apple's next-generation iPhones are less than ten months away and we already have a good idea about what to expect based on corroborated leaks, rumors,...
We're only a few days away from Black Friday, which will take place on Friday, November 28 in 2025. As always, this will be the best time of the year to shop for great deals, including popular Apple products like AirPods, iPad, Apple Watch, and more. In this article, the majority of the discounts will be found on Amazon.
Note: MacRumors is an affiliate partner with some of these vendors. When...
Apple's annual four-day Black Friday through Cyber Monday shopping event is returning on Friday, November 28 through Monday, December 1 in many countries, including the United States, Canada, Australia, New Zealand, France, Germany, Italy, Spain, the United Kingdom, Belgium, the Netherlands, Sweden, Thailand, and others.
During the shopping event, customers can get an Apple gift card with...
Apple has begun selling the Hikawa Phone Grip and Stand, a new limited-edition iPhone accessory designed with accessibility in mind.
Designed by LA-based Bailey Hikawa to celebrate the 40th anniversary of accessibility at Apple, the grip uses magnets to securely snap onto any iPhone with MagSafe.
Apple says it can be removed with ease, and doubles as a stand with two different viewing...
American multinational news company CNN has abruptly pulled its content from Apple News, Semafor reports.
CNN quietly removed its stories from Apple News over the weekend and there is no longer a feed from the network to subscribe to in the app. This effectively ends its distribution agreement with Apple while the two sides negotiate new terms. Discussions are apparently ongoing and CNN's...
