Chris Espinosa
#8
On September 1 I’ll join the elite club (members Steve Wozniak, Steve Jobs, Mike Markkula, and Bill Fernandez) who have worked under a number of Apple CEOs ≥ our employee number:
Woz: 1 (Scott)
Jobs: 2 (Scott, Markkula)
Markkula: 3 (Scott, Sculley*, Spindler*)
Fernandez: 4 (Scott, Markkula, Sculley, Spindler)
Espinosa: 8 (Scott, Markkula, Sculley, Spindler, Amelio, Jobs, Cook, Ternus)
* Markkula was a non-executive Board member under Sculley and Spindler but remained on active payroll
The same folks who were criminally investigating Jerome Powell for a $600M cost overrun on the new Fed headquarters are now telling us that the White House ballroom will cost taxpayers a billion dollars instead of being completely paid for by bribes.
The thing about wealth inequality is that poverty is very, very real and most American wealth is imaginary. It’s in stocks, whose “value” is book value + optimism. When the optimism evaporates, the wealth evaporates. When wealth decreases below debt (mortgage, credit cards, car payments) then poof, you’re poor. A 20% walk back in the market will bankrupt millions of households. A 401(K) crash means millions of seniors in poverty, probably homeless.
The *very* rich will be OK, of course.
CUPERTINO, CALIFORNIA Apple announced that Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on September 1, 2026. The transition, which was approved unanimously by the Board of Directors, follows a thoughtful, long-term succession planning process.
A Japanese man
From Hormuz got limericks
And haikus confused
why don’t we just get AI to make more RAM chips?
The simple explanation is that he wasn’t terrified because he’s just kind of hazy about reality; he doesn’t care about any actual motives or structural problems; the only thought in his mind is “how can I exploit this sensational event to my personal benefit,” and being thwarted on the erection of the marble and gold monument to his ego is what is most important to him.
Incredible story of booming success, scandal, betrayal, horrible misfortune, and titanic financial shenanigans in a West Marin boutique hotel empire. Stunning reporting by the San Francisco Standard Ken Fulk’s beautiful disaster: How a dream project in Marin became a $76 million nightmare https://sfstandard.com/2026/07/25/ken-fulk-marin-lawsuit-nightmare
The far right wackos were already sus about the Butler shooting. Another conveniently timed, harmless, exploitable attempt will probably be seen as another manufactured event.
War is Peace
Ignorance is Strength
Slavery is Freedom
Brutal is Nice
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2026 second quarter ended March 28, 2026. The Company posted quarterly revenue of $111.2 billion, up 17 percent year over year. Diluted earnings per share was $2.01, up 22 percent year over year.
Shooting at Washington hotel means we need
“Unserious leaders are unsafe” can be taken two ways.
Newsmax host blasts Fox News host for firing private equity investor from post as Secretary of the Navy https://www.mediamatters.org/greg-kelly/newsmaxs-greg-kelly-navy-secretary-john-phelans-firing-its-not-opportune-time

