Version: 2008

Last modified: July 12, 1997 11:30 PM PDT

Stunning shakeup at Apple

Chief executive Gilbert Amelio and executive vice president Ellen Hancock abruptly resigned from Apple Computer Wednesday, leaving the company's leadership and future in question. CNET's NEWS.COM provides comprehensive coverage of the departures and their consequences.

Latest developments
  Stock jumps on buyout rumors lead story
  Board member tells inside story
  CEO search off to slow start
  Letter from Amelio to the staff
  Letter from executive management
The resignations
  Amelio, Hancock step down
  No hugs, just hisses for Dr. Gil
  A CEO's golden handshake
  Apple execs criticize Amelio March 14, 1997
The future
  Jobs and the succession
  Some hope in Apple products
  Move could hurt bottom line
  Live interviews, analysis CNET Radio
The business
  Cloners: Alliance threatened
  Developers: Resignation is opportunity
  Resellers: Change does little good
  Long, rough road for Apple timeline
The background
  Did Jobs sell stake in Apple? June 27, 1997
  Apple spins off Newton division May 22, 1997
  Apple loses $708 million April 16, 1997
  Ellison still wants Apple March 27, 1997
  Apple lays off thousands March 14, 1997
  Amelio takes to the pulpit January 7, 1997
  The Apple-Next deal December 20, 1996
  Apple posts $700 million loss March 27, 1996
  Amelio replaces Spindler February 2, 1996

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