Apple Losing Siri Co-Founder

Bloomberg TV has reported that Apple Inc. (NASDAQ: AAPL) may be losing Adam Cheyer, one of Siri's co-founders. The report comes a day before the new iPhone 5 is unveiled, and Siri is the voice recognition system in the newer iPhone models. Apple shares closed down 0.3% at $660.59 today and the shares are up very marginally after the close in Tuesday's after-hours trading session. This news may sound like a blow but it apparently is not the first Siri insider to leave Apple.

This is one of those instances where news may be more like noise. It also shows just how much of a micro-focus there is on the world's largest (now and ever) company by market value.

JON C. OGG

Filed under: 24/7 Wall St. Wire Tagged: AAPL