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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: rnsmth who wrote (8705)8/24/2011 8:21:48 PM
From: zax  Respond to of 32692
 
Could Apple Be the World’s Most Valuable Company Without Steve Jobs?

gizmodo.com

Where would I put my money So, if I could invest money in the companies I write about, which one would be my pick?

As much as I hate the oil guys, I'd pick ExxonMobil for one single reason: They don't have the invaluable advantage and the problem that Apple has.

ExxonMobil doesn't depend on the man with the vision, the Wizard of Oz, the snake oil salesman, the amazingly brilliant asshole that is Steve Jobs.

I used to think that Apple could live without Jobs. Back in 2008
I wrote about how he was preparing his farewell and why I thought that, if he left, the company would be just fine. I was wrong.

Back then, investors disagreed with me. When we broke the news of
the return of his cancer back in 2008, Apple lost billions in just a few minutes of trading. Back then, Apple and its friends at CNBC tried to deny the news that later was confirmed by Jobs himself.

The investors were right, and now I'm convinced that Apple can't be Apple without Steve.