Apple postpones reporting results by a day due to a memorial service for Bill Campbell

Apple will report its second-quarter results on April 26, a day later than scheduled, according to the company’s website. Apple was expected to report its results on Monday, April 25, according to the Nasdaq website. The postponement was due to a memorial service for Silicon Valley veteran Bill Campbell , CNBC reported. Apple did not give a reason for the postponement on its website. The company and was not immediately reachable for comment. Campbell, who advised tech leaders including Apple’s Steve Jobs and Amazon.com’s Jeff Bezos, died on Monday after a long battle with cancer. Although he wasn’t widely known outside Silicon Valley, Campbell played a pivotal role in shaping the direction of both Apple and Google, two of the world’s most powerful companies. After working in marketing and sales at Apple during the 1980s, Campbell joined the company’s board in 1997, shortly after Jobs returned as the company’s CEO. At the time, Apple was flirting with bankruptcy. Campbell frequently served as Jobs’ sounding board during one of the most resounding corporate turnarounds in U.S. history as Apple first redesigned its Mac computer line and then rolled out the iPod, iPhone and iPad to emerge as the world most valuable company. Campbell ended his 17-year stint on Apple’s board in 2014. Campbell “believed in Apple when few people did and his contributions to our company, through good times and bad, cannot be overstated,” Apple said in a Monday statement. With inputs from Reuters