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Panasonic is looking to innovate in areas including automotive mobile tech and wearable gadgets -- not to mention developing an . "Keeping up the pace with innovation investments plus acquisitions and partnerships in these new areas is the next challenge for Panasonic," predicted Dr Paroutis. Panasonic reckons profits will continue to climb to 140 billion yen this time next year as the economy recovers in the US and Europe. In a year that's seen Panasonic giving up on plasma TVs and consumer mobile phones, the Japanese company has finally returned to profit.
In October, Apple named the 53-year-old as senior vice president of retail and online stores, saying at the time that she would join the company in "the spring." Apple CEO Tim Cook, while reporting the company's fiscal second-quarter earnings on April 23, said she would arrive at Apple this week, "She shares our values and our focus on innovation," Cook said in an October iphone case 05763 email to employees announcing Ahrendts' appointment, "She believes in enriching the lives of others, and she is wicked smart."Ahrendts' arrival comes at a critical time for the Cupertino, Calif., company, Its March quarter saw strong profits aided by surprisingly strong iPhone sales, but its iPad sales and revenue forecast were disappointing, While millions are still eagerly awaiting the next iPhone, the company is facing an assault on its main money maker, with rivals such as Samsung and HTC pressuring it in the premium phone segment and upstarts such as Huawei and Xiaomi scooping up the next billion mobile customers..
And Apple continues to face concerns about whether its best days are behind it, with many still waiting for the next new thing that will wow customers. Its last entry into a new category -- the iPad tablet -- came four years ago. While Apple has updated its existing products with incremental improvements, Apple investors want more -- now. For some, patience is wearing thin. Enter Ahrendts. She joins after Apple's recent struggles with its retail operations. In addition to his day job as CEO, Cook has led the retail business since he fired retail chief John Browett in October 2012 after just six months on the job. Browett, former chief of British electronics retailer Dixons, admitted he didn't fit in with Apple's culture. He replaced Ron Johnson, the executive credited with much of Apple's retail success, after Johnson left in 2011 to become J.C. Penney's CEO. (Johnson was ousted as Penney's chief in April 2013 for what some deemed a misguided makeover of the budget-minded retailer.).
Meanwhile, sales growth at Apple's stores has slowed, In Apple's fiscal 2013, which ended Sept, iphone case 05763 28, retail sales rose only 7 percent to $20.23 billion, a much lower growth rate than the 33 percent increase seen in 2012, 44 percent in 2011, and 47 percent in 2010, Some say the novelty has worn off, with Samsung and Microsoft successfully mimicking part of Apple's retail feel, Apple's online sales experience also differs greatly from in store, Ahrendts will be the first Apple executive to oversee both Apple's more than 400 physical stores and its online retail efforts, The hope is that she can pull off the same trick she achieved at Burberry, After Ahrendts took over at the London-based clothing and accessories retailer in 2006, Burberry's revenue nearly tripled to about $3.9 billion in the year ended March 31, and today it's widely regarded as one of the most technologically savvy fashion brands in the world..
"[Ahrendts] helped Burberry to become a leader in the use of emerging technologies to connect and engage with the customer base," Macquarie analyst Ben Schachter said in a recent note. And even though Ahrendts is just about to start in her role at Apple, she's already being mentioned as a possible successor to Cook, who took over as CEO from co-founder Steve Jobs in 2011. Shortly after she was named to the Apple job, Salesforce CEO Marc Benioff was among those crowning her the next Apple chief and describing her as "the biggest hire @tim_cook has made since Steve left us."Ahrendts is the only person on Apple's management team who has run a large, global company before. And while she may not have the technical chops of senior Apple leaders like iTunes chief Eddy Cue or design leader Jony Ive, she does have something perhaps even more important -- a proven talent for transforming a company from a brand on the decline to a seemingly unstoppable powerhouse.
"We'll see what happens, but it might be interesting if they start to change the [retail] look," said Brian White, an analyst with Cantor iphone case 05763 Fitzgerald, "Apple stores are phenomenal today, but just think about all the capital and what they could really do to the stores to jazz them up."Another plus in her column: Ahrendts has been an Apple observer and admirer for years: "If I look to any company as a model, it's Apple," Ahrendts told The Wall Street Journal in 2010, "They're a brilliant design company working to create a lifestyle."Unlike most Apple senior execs, Ahrendts hasn't been press-shy over her 30-year career, She has participated in several profiles during her time as Burberry's CEO -- including with The Wall Street Journal, Fast Company, and Charlie Rose, She's written articles for publications such as the Harvard Business Review and given talks at her alma mater, TEDx, and other events..
Apple declined to make Ahrendts available for an interview. Burberry didn't respond to CNET's inquiries. Ahrendts was born in 1960 in New Palestine, Indiana, a small town with about 2,000 residents. One of six children, she says she "lived vicariously through fashion magazines," dreaming from the time she was young about working in that industry, Ahrendts said during a 2010 commencement address at her alma mater, Ball State University. After graduating in 1981 with a degree in merchandising and marketing, she moved to New York to pursue her dream of working in fashion.
"I was scared, trust me, but knew I was not alone and kept repeating to myself 'I will not live my life saying I wish I would have'," Ahrendts told Ball State graduates, As for her personal life, Ahrendts met her husband, Gregg, in elementary school, They dated long-distance for 17 years before getting married in their 30s, The couple has three teenaged children, and iphone case 05763 Ahrendts told the WSJ she's a devout Christian who reads the Bible every day, In New York, Ahrendts worked at bra maker Warnaco before landing her first major fashion job in 1989 at Donna Karan, where she was promoted to president, Ahrendts also worked a short stint at Henri Bendel from 1996 to 1998, where she was tasked with expanding the high-end New York retailer into 50 new markets, Bendel parent company Limited Brands scrapped the idea a couple years after hiring Ahrendts, and she left to become vice president of merchandising and design at Liz Claiborne..