Apple has announced that it postponed its earnings conference in order to accommodate a memorial for Silicon Valley's Bill Campbell.
The quarterly earnings conference call for the second quarter of 2016 was originally scheduled on April 25, but it conflicted with the funeral services of Campbell. Apple executives and employees plan to attend the service.
The company will instead release its earnings results on April 26 out of respect for Campbell's friends and family, who scheduled his memorial service on April 25.
Campbell died on April 18 after battling cancer. He had been an adviser to tech leaders of now big companies like Apple, Google and Amazon.
"Bill Campbell was a coach and mentor to many of us at Apple, and a member of our family for decades as an executive, advisor, and ultimately a member of our board," a post on Apple's memorial page for Campbell said. "He believed in Apple when few people did and his contributions to our company, through good times and bad, cannot be overstated. We will miss his wisdom, his friendship, his humor, and his love for life."
Bill Campbell is widely known for his pivotal role in shaping the direction of Apple and Google, two of the world's biggest and most successful companies today. Dubbed "the coach," he spent his earlier days coaching the Columbia University football team from 1974 to 1979. Between 1994 and 2014, he became an Apple director.
Meanwhile, Apple's earnings conference call will push through as usual with its top executives, CEO Tim Cook and CFO Luca Maestri, who will be more likely on hand in discussing the three-month period that ended in March.
"We do think that iPhone units will decline in the quarter," Cook said. "We aren't projecting beyond the quarter as Luca mentioned earlier, but at this point in time, we see that Q2 is the toughest compare."
A live stream of the event will be hosted on Apple's website. It will air on April 26, 5 p.m. (EST) and 2 p.m, Pacific Time.
Photo: Christopher Michel | Flickr
