Apple: These Layoff Rumors Are Just Not True

Apple (NASDAQ:AAPL) is “hard at work” developing a new version of Logic Pro, according to the company’s head of music product marketing, and rumors of layoffs from the team are false.

Last week, a rumor going around the Apple blog world claimed that the company was getting rid of most members of its professional audio software group. Jim Dalrymple, who is seen as something of an Apple insider, dismissed that talk by saying there was “no truth” in it. However, according to MacRumors, one of its readers emailed Apple chief executive Tim Cook, who passed the letter on to music product marketing chief, Xander Soren. In response, Soren wrote: “As the lead for our music creation apps, I always want to hear what our users are thinking. I want to assure you the team is still in place and hard at work on the next version of Logic Pro.”

Our 20-page proprietary analysis of Apple’s stock is ready. Click here and to get your Cheat Sheet report now!

Apple’s last major release for Logic Pro — except addition of 64-bit support, moving the app to the Mac App Store, and maintenance updates — came in 2009 and put the software way behind rival programs like Pro Tools and Ableton Live.

Logic Pro, a digital audio workstation and MIDI sequencer software application, was originally created by German software developer Emagic and became an Apple product when it was bought by the iPhone maker in 2002.

Don’t Miss: Is Apple Bringing Manufacturing Home?