Apple's Future

It is nearly noon on June 18, and it's already a scorching 98øF outside. But even with the extra burden of the heat, John Sculley is showing little of the wear and fatigue that a decade as chief executive of Apple Computer Inc. had begun to etch onto his lean face. This day, he's looking cool and chipper in his green bow tie--and well he might. As of 5:30 that morning, Sculley handed over his CEO responsibilities to President Michael H. Spindler, his chief lieutenant since 1990. For the time being, Sculley will stay on as chairman, scouting out new opportunities for Apple. But the day-to-day demands of running the $7 billion company are no longer on his shoulders.

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