Browett, the newly hired head of retail, didn't do a good job and left because he was probably forced out. He was the one who tried to be cheap on the retail store staff and it backfired on him. He was a bad hire on Cook's watch. I think this is a good thing. An admitted mistake by Cook.
Forstall leaving is more of a mixed bag. He was the iOS chief but under his watch, Siri hasn't made the progress that I think people want and then the Maps issue that Cook apologized for which were Forstall's responsibilities and didn't turn out well so he was probably forced out as well.
I would probably these changes as good for Apple. I don't see these changes as saying that bad things are happening to the stock or the company, especially if you do a little bit of research. Company is still looking at close to $50 a share in earnings this year as well as $120 per share in cash and short term holdings. Fundamentally, the present share price is well supported and I would consider it more of a value. I am sure there will be people making the meaningless calls for a $300 share price again but to each their own I guess.
Neal
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