S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Jony Ive, the designer behind the iPhone, is leaving Apple

SAN FRANCISCO (AP) — In a story June 27 about Jony Ive leaving Apple and an Aug. 26, 2011, profile on Ive, The Associated Press reported erroneously that he had founded a design company called Tangerine. Ive was among the first employees at Tangerine, but didn't start the company.

A corrected version of the story is below:

Jony Ive, the designer behind the iPhone, is leaving Apple

Famed Apple design chief Jony Ive will leave the company this year

SAN FRANCISCO (AP) — The man behind the iconic designs of the iPhone, iMac and iPad is leaving Apple.

Chief Design Officer Jony Ive is departing after more than two decades at Apple to start his own design firm, the company said Thursday.

But he's not completely severing ties with the company he has worked at for nearly 30 years. Apple said it will be one of Ive's clients at his new firm.

The Cupertino, California, company did not give an exact date for his departure.

Ive has been a fixture on Apple's design team since the early 1990s and is known for shaping Apple's signature rounded, stylish designs.

He is often pointed to as the visionary behind what set Apple apart from its competitors — technology that didn't just look like boxes of wires, but that was fashionable and trendy.

Ive joined the company in 1992 as a young senior designer. Apple's co-founder and longtime leader Steve Jobs was in the midst of his 12-year exile at the time, and upon his return he named Ive senior vice president of industrial design.

The pair were known to work closely together in the decades before Jobs' death in 2011 — once, Jobs referred to Ive as his "spiritual partner."

Walter Isaacson, who wrote the 2011 biography "Steve Jobs," quotes the Jobs describing Ive as "wickedly intelligent in all ways."


"He gets the big picture as well as the most infinitesimal details about each product. And he understands that Apple is a product company. He is not just a designer," Jobs told Isaacson. "He has more operational power than anyone else at Apple except me."

The name for Ive's new design company, LoveFrom, comes from something Jobs once said to him, Ive told the Financial Times in an interview published Thursday.

Jobs said making something with "love and care" was a fundamental component and doing so meant you were "expressing your gratitude to humanity, to the species."

"I so identified with that motivation and was moved by his description," Ive said.

Ive, Isaacson wrote, is a fan of the German industrial designer Dieter Rams, who "preached the gospel of 'less but better.'" Apple's designs, led by Ive, have become synonymous with elegant simplicity.

"Simplicity isn't just a visual style," Ive told Isaacson. "It's not just minimalism or the absence of clutter. It involves digging through the depth of the complexity. To be truly simple, you have to go really deep."

Ive was eventually promoted to his head of design role, where he shaped the simplistic and people-friendly phones and computers for which Apple has become known. Ive had a say in it all, from the bright, rounded iMacs of the 1990s to the sleek, silver and black iPhones of today.

In more recent years, Ive put part of his focus into designing the company's giant spaceship-like campus, Apple Park.

Ive, who grew up outside London, was knighted at Buckingham Palace in 2012. He studied design at Newcastle Polytechnic (now Northumbria University) in Newcastle, England, and was among the first employees at a design company called Tangerine — work that would lead him to Apple.

He won't be immediately replaced. Two of his deputies will report directly to the company's chief operating officer, Jeff Williams, who has led the development of the Apple Watch.

Should you invest $1,000 in Apple right now?

Before you consider Apple, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Apple wasn't on the list.

While Apple currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Featured Articles and Offers

How to Become a "Make Money" Investor

How to Become a "Make Money" Investor

Whether you're a seasoned investor or just starting, this video offers valuable insights into making strategic choices that prioritize long-term growth and stability over short-term gains.

Search Headlines: