Wild news on Apple, Google changes? Not if you’re an analyst

January 21, 2011

It has certainly been an interesting week in Silicon Valley as two of the most closely watched companies in the world shuffled their executive suites. On Monday, Apple announced that its chief executive  and charismatic leader Steve Jobs was taking a temporary medical leave – his third since 2004  — a day before Apple released its quarterly results.  On Thursday, Google reported a stellar Q4 and dropped that Larry Page would be stepping into the role of chief executive, as Eric Schmidt takes up the executive chairman position.

Big news, right? So it’s surprising then that analysts who have the opportunity to quiz management during earnings calls failed to mention anything about the changes. Not one analyst asked about the C-suite during the Google and Apple calls. Google even made its three top executives, Schmidt, Page and Sergey Brin available for short period on Thursday’s call. The three analysts in the queue pitched questions about the following subjects:  Google’s real estate purchase in New York,  government outreach and social networking plans.

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[...] WEIRD: Not a single analyst asked Apple or Google about their CEO changes during each company’… [...]

[...] Jennifer Saba makes an important point about milquetoast tech analysts today: faced with huge news about shake-ups in the CEO position at both Apple (AAPL) and Google (GOOG), precisely zero analysts asked any questions on that subject during the companies’ earnings calls. [...]