Apple App Store VP Matt Fischer Set to Depart in October

Apple's App Store VP Matt Fischer to leave in October, read what he said - Times of India

Apple's App Store vice president is leaving the company in October. The Cupertino-based tech giant is set to reorganise in response to the changes in global regulations. Fischer announced his departure from the company in a LinkedIn post. However, Apple has yet to share any official statement regarding the same What Matt Fischer said in the alleged mail In the LinkedIn post, Fischer wrote: "After 21 years at Apple, I've made the decision to step away from our incredible company.This has been on my mind for some time, and as we are also reorganising the team to better manage new challenges and opportunities, now is the right moment to pass the baton to two outstanding leaders on my team." As per his LinkedIn profile, Fischer holds the title of "Vice President, Head of Worldwide App Store and Apple Arcade." He joined Apple in 2003 and led marketing and partnerships for iTunes before shifting to the App Store in 2010. He was then promoted to the vice president role for the App Store and reported to Apple Fellow Phil Schiller. How Apple will restructure App StoreThe report also claims that Apple may restructure the App Store team by splitting it into two groups: one will oversee the App Store while the other one will be responsible for implementing alternative app distribution. As per the report, Apple executive Phil Schiller is making the changes as regulators force the company to allow alternative stores and payment methods for apps on the iPhone, iPad and other products. Apple veteran Carson Oliver will take charge of the App Store team, while Ann Thai, App Store's product director, will oversee the alternative app distribution team. Oliver, who joined Apple in 2012, currently holds the position of Senior Director of Business Management for the App Store. Meanwhile, Thai, who began her career at Apple in 2010 working on marketing for the company's education apps, was promoted to Worldwide Product Director for the App Store and Apple Arcade in January 2020. Read the full letter here I have some professional news to share and sent out this message to Apple colleagues earlier this afternoon: Dear Friends and Colleagues, After 21 years at Apple, I've made the decision to step away from our incredible company. This has been on my mind for some time, and as we are also reorganizing the team to better manage new challenges and opportunities, now is the right moment to pass the baton to two outstanding leaders on my team -- Carson Oliver and Ann Thai -- both of whom are more than ready for this next chapter. When I joined Apple in 2003, we were launching the iTunes Music Store. I started as a contractor, helping to sign indie labels to iTunes, and was soon brought on full-time as one of the first members of the marketing team. Together, we built the iTunes brand, grew our customer base, expanded internationally, and formed partnerships that propelled our growth. I loved working closely with artists, record labels, TV networks, film studios, and emerging podcasters, helping them thrive on our platform. In 2007, everything changed with the introduction of the iPhone. I was in the audience at Macworld that day, and the energy in that room when Steve unveiled the product was unlike anything I'd ever experienced in my career. The App Store followed a year later in 2008, with 500 apps. Apple's goals were clear and remain true today: to create a safe and trusted place for customers to discover and download apps, while offering developers a great business opportunity. Since then, we've expanded the App Store to iPad, Mac, Apple Watch, Apple TV and Apple Vision Pro, and we launched Apple Arcade. Running the global App Store business over the past 15 years and working with our amazing team and Apple developer community has been the highlight of my career. Throughout my two decades at Apple, I've been fortunate to work with some truly inspiring leaders, including Steve Jobs, Tim Cook, Eddy Cue, and Phil Schiller. I'm deeply grateful for the wisdom, support, and guidance they've provided me. I also want to thank my incredible colleagues for their commitment to our customers, to our developers, and to each other. I'm immensely proud of what we've built together -- a platform with over 1 billion customers worldwide, with developers generating over $1 trillion in total billings and sales in the App Store ecosystem in 2022 alone. Going forward, Carson and Ann will be leading the team, and I'll be available through mid-October to assist with the transition. After that, I plan to take some time off, creating memories with my wife Renee and our two teenage sons, before exploring new opportunities. Please stay in touch -- you can always reach me at [email protected]. From the bottom of my heart, thank you for your support, inspiration, and friendship. It's been an honor and a privilege to work with all of you. Best, Matt The TOI Tech Desk is a dedicated team of journalists committed to delivering the latest and most relevant news from the world of technology to readers of The Times of India. TOI Tech Desk's news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusive reports and breaking stories that impact technology and the digital universe. Be it how-tos or the latest happenings in AI, cybersecurity, personal gadgets, platforms like WhatsApp, Instagram, Facebook and more; TOI Tech Desk brings the news with accuracy and authenticity.

Apple App Store Team Sees Major Shakeup As Business Head Matt Fischer Heads For The Exit - Apple (NASDAQ:AAPL)

Apple Inc. AAPL is set to bid farewell to its App Store head, Matt Fischer, who has been at the helm of the App Store business since 2010. What Happened: On Wednesday, in an email to his team, Fischer said, "After 21 years at Apple, I've made the decision to step away from our incredible company." In the same email, he also expressed that the re-organization was the opportune time to hand over the reins to two exceptional leaders on his team. Fischer will part ways with the company in October, reported Bloomberg, citing people with knowledge of the matter. See Also: How To Take The Perfect Moon Shot Using An iPhone 15 The App Store division will be split into two teams, one managing Apple's store and another overseeing alternative app distribution. The restructuring is a response to regulatory pressure compelling Apple to permit alternative stores and payment methods for apps on its devices. Phil Schiller, the executive in charge of the App Store, is leading these changes, the report noted. Senior director Carson Oliver will head the App Store group, while Ann Thai, a director responsible for App Store features, will lead the new team for alternative distribution. Both will report to Schiller. Apple did not immediately respond to Benzinga's request for comments. Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox. Why It Matters: Apple's App Store business has been under fire from developers and regulators over the past few years. In 2024, the company had to overhaul its operations to comply with new EU laws, allowing its devices to host third-party marketplaces. Earlier this month, Apple also reportedly intensified its efforts to make Tencent Holdings Ltd. and ByteDance Ltd. modify their popular Chinese apps. The tech giant pressured these companies to close loopholes that enabled in-app creators to evade Apple's 30% commission. Despite exceeding third-quarter earnings expectations, Apple's stock fell due to modest performance in China and Services, as well as Mac revenue slightly trailing expectations. Check out more of Benzinga's Consumer Tech coverage by following this link. Photo by BigTunaOnline on Shutterstock Read Next: Amazon Web Services CEO Predicts AI Could Soon Dominate Coding: 'Being A Developer In 2025 May Be Different Than What It Was... In 2020' Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs