Has he tied himself so closely to the company that shareholders and consumers believe that Apple would die without him?
I think it's time to start grooming a replacement or, if he ever gets hit by a bus, Apple stock will plummet to 40 cents a share.
Or is Jobs REALLY that important? He's important, no doubt, but...
It would be foolish for Jobs to ignore this fact...
If you're a share holder you want to know his health.
If you've been watching as closely as a shareholder you know his involvement in "everything" Apple.
-> I sold my shares earlier this year and can't buy back in given the situation today.
Bob
A great time to buy Apple would be right after Job leaves/dies and it tanks. You know over time they'll rebound with the iShoe or something.
I totally understand where you're coming from, but he probabaly ain't gonna die before he leaves... but I think you're right about buying if Apple hits the skids after a departure announcement or coming up on his last days with Apple.
You know...probably the next best thing he could do is just say he's quitting as CEO and stepping back into an advisory role - similar to Gates I think. That seemed to quell a lot of confusion and anxiety.
--S
Company founded. 16-Jun-86 0.09
Bill leaves. 16-Jun-2006 21.49
Today 26.11
Somewhere is a nice article tracing the stagnation after June 16, 2006. Or maybe that's when they Zune'd out.
Bob
Yes, the court of public opinion says Steve is make/break for Apple. The related public, by the way, is growing in population as each new iPod, iPhone, etc. is purchased from Apple. And the court is getting increasingly vocal, varied, and
Ask any business analyst worth their salt - I'd imagine they'd say that Apple can do well without Steve, but it's going to be rough for at least the short-term without him as a mouthpiece/figurehead for Apple.
I think you can argue that this is a monster that Steve and Co. have developed themselves and now they're having a bit of trouble with it. Not that they can't handle it, but it's not pleasant to deal with sometimes.
However...if Steve were to step away a bit *someone* equally impressive, iconic, and creative would need to step up into public view to make sure the perceived relation between CEO of Apple and the customer base remains. I imagine Steve is doing this, if he's smart, behind closed doors at first - but he's gonna have to do start doing it on a public stage...and I recommend he does it soon.
I think there were more "non-Steve" presenters at WWDC this year, yes?
Best,
Shalin
Apple did fine for awhile. Now that Steve is back, Apple is further from their hacker roots than ever before. Apple can do fine without Mr. Jobs. They are doing find with him as well. No reason to change the formula until it's needed.
Weren't they getting killed most of the time he was gone? Then he comes back and they make the iMac and everything turns around. I would argue that Apple hasn't ever had much success without him.
Nope not at all he is OK Listen to Sunday's TWIT no 153 John C. Dvorak says he has an idea what is wrong with Steve and he is OK he just can't gain weight after having chemotherapy that what is wrong with him if you listen to that podcast he tells what he believes is what is wrong with Steve.
He had cancer in 2004. And he said that one of the things that took him through it, was how much he loved working at Apple.
I think this is not someone who is going to retire unless health forces it.
Steve left Apple once before, and the company became directionless. They became arrogant about the quality of their stuff, they didn't bother to keep pushing forward, they just waited until the rest of the industry caught up.
Steve knows that to be successful, Apple can never rest. A replacement CEO will need that same quality.
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