Bob Iger Leaves Apple Board
Interestingly, his resignation comes months before both two companies were trying to set the launch of their streaming services; Disney+ And Apple TV Plus.
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On September 10th, Iger resigned from the board. Moreover, his resignation comes from the fact that He resigned before the Apple Event on 11th September and the same date he resigned was the same day that the subscription price of Apple TV Plus was launched.
Bob Iger Leaves Apple Board: Disney+ Announced
Moreover, Iger announced that he joined Apple’s Board in 2011. Moreover, both their relationship (Apple And Disney) existed before time as well.
The problematic concern for Mr. Cook here would be that Disney has their own kind of head to head direction going on. Disney+ And Apple TV Plus are one and the same kind of thing. And more importantly, the split means greater competition thats all.
Furthermore, the fact that BobIger has left Apple board has caused a little change in hierarchies but everything else is fine.
Iger’s strong move outside of Apple shows that the competition is on because Disney+ as the Apple TV Plus will be launching 11 days apart.
Iger Quits Apple Board: And To Conclude
Disney+ will be costing users $6.99 per month when it launches on November 12th, whereas Apple TV. will be launching on November 1st for about $4.99.
Disney and Apple seem to be in competition and Iger’s move of resignation shows how competitive this World can be. Also, how interesting competition can be and how you can change for enhanced competition.