Apple's top retailing executive is stepping down amid a slowdown in iPhone sales that has raised doubts about the company's future growth prospects. The shake-up announced Tuesday ends Angela Ahrendts' five-year stint overseeing Apple's 506 retail stores and e-commerce operations. It's one reason Apple posted disappointing iPhone sales during the past holiday shopping season. Apple didn't give a reason for Ahrendts' departure, saying only that she is leaving "for new personal and professional opportunities." To lure her away, Apple gave Ahrendts company stock valued at $70 million in 2014.

Source: ABC News February 05, 2019 20:03 UTC