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Apple delays earnings by a day to accommodate Bill Campbell memorial

Apple announced on Wednesday that it is delaying its earnings results in order to accommodate a memorial for Silicon Valley's beloved Bill Campbell.

Apple had planned to release results on Monday, April 25. But the Silicon Valley giant's investor relations site said that the company will now release results a day later "out of respect for the friends and family of Bill Campbell, whose memorial service will be held Monday."

Campbell passed away earlier this week after years of battling cancer. He was 75 years old. After his passing, Apple created a memorial page in honor of Campbell.

"Bill Campbell was a coach and mentor to many of us at Apple, and a member of our family for decades as an executive, advisor, and ultimately a member of our board," the company said on its website.

"He believed in Apple when few people did and his contributions to our company, through good times and bad, cannot be overstated. We will miss his wisdom, his friendship, his humor, and his love for life."

Although not 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. He also was consulted by other technology companies and entrepreneurs trying to manage the rapid growth triggered by their innovations. The industry mourned his death online.

Campbell's background gave little inkling he would become a mentor and sounding board for a list of technology-industry leaders that included Apple's late co-founder.

Before moving to Silicon Valley in the 1980s, Campbell spent six seasons as the head coach of Columbia University's football team. He remained known as "Coach" after he became an influential technology-industry advisor.

— The Associated Press and CNBC's Josh Lipton contributed to this report.