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Comment by dharmon | Hacker News Reader

I, even (especially?) as a long-time Apple fanboy, am looking forward to some fresh design blood in the Apple ecosystem.

AAPL is down about 1%. So I guess the market values Ive at around $9B? :P

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Well they aren’t losing 100% of him since they are still able to retain his services. If this price movement was due to his departure it would indicate he has an even higher valuation.

The question in my mind is not are they losing 100% of him, it's if this an involuntary soft retirement from Apple for Ives.

As much as we can man-myth the man, he’s got one of the best design teams on the planet around him. Unless they all leave (and even if they do, they could replace them all with the second best design team in the world quickly as all industrial designers would jump to work at Apple) I don’t see how this could anywhere but up.

Remember it was rumoured Ive who insisted in the super luxury version of the Apple Watch, and they had to drop it because it was so absurd. He also bought a Bentley around the same time. I just got a feeling without Steve to ground him, his posh Englishness might have led him astray.

But he can work for the competition now as well.

I wouldn't be surprised if there was some sort of no compete agreement (along with compensation)

That would have been important information for the article.

I'd be amazed if the random fluctuation in Apple's stock is less than 1%.

But the stock dropped 1% in the seconds after the announcement. This isn’t a 1% drop over the entire day; it’s a 1% drop in 30 seconds after the market has closed. I think it’s safe to say the market values Ive’s contribution to Apple at $9b

That's not "safe to say" at all – markets don't respond well to uncertainty, and SVP-level changes at a company like Apple = uncertainty.

If the company's market value was consistently $9b lower after someone left, then you might make that case.

Assuming the market valuation of this I worth a cent. Which... it probably isn’t.

After hours activity doesn't mean shit.

Ive is worth more like $300B. Easily.

But in the real world he is definitely not the wealthiest person in the world.

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