Jimmy Iovine's statements could not be more significant and clear: I'm not leaving Apple. With this news, a series of rumors that had been announcing the departure of the former Beats director before being absorbed by Apple itself ends.
So after the rumors about Apple's departure, it becomes clear that Jimmy Iovine, he doesn't want to leave Apple despite having to carry out some personal negotiations with the acquisition of his shares in the company of the bitten apple.
And it is that part of the rumors that spoke of his departure from Apple made reference to the investment in stages that the executive would be making, something that he will continue to do until the summer arrives. Practically in the statement made by Iovine, hints that he will retire at Apple if both parties agree to it:
I am close to 65 years old, and I have been working with Apple for four consecutive years, two of which have been fully dedicated to Apple Music. In all this time, the Apple platform has grown a lot and Beats continues to be an important brand for Apple and for users. In this sense, we must continue working to improve and that is why I am committed to Eddy and Tim, to carry out the tasks they deem appropriate and continue to improve.
The end of the statement is very clear and resounding to address these rumors that placed him outside the company. About this news, Apple itself had made a statement as usual. In this sense they can be calm in the signature since sHe will continue to occupy his position within the Apple Music project and work to improve it.