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Transcripts For CNBC Squawk Alley 20151217

Apple. Josh lipton has the story in san francisco. Well, it is a big new title for Jeff Williams. He is now going to be apples chief operating officer. He is also in charge of apple wash. Some might think theres a Succession Plan in place since this was tim cooks old job. Apple now grooming Jeff Williams as the next ceo. Sources of the company telling me this is not the intention of this promotion. This is simply a recognition, they say, of jeffs contributions. Tim cook, by the way, in a statement saying williams is hands down the best Operations Executive he has worked with. Other big changes to mention here, phil schillor will remain apples head of marketing, but he picks p a new responsibility as well. He is now going to lead the companys app store. That, of course, has become a significant business for apple helping to fuel the companys record 5 billion in Services Revenue last quarter. Natural question then is what that means for eddie cue, apples media head. The company telling m

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