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Steve Jobs resigns as Apple CEO ... What would be next for Apple?

Most of us on the forum are avid Apple addicts, carry numerous Apple items (2 iPhone, briefly owned the iPad1 & 2) and own their stocks. Much of the success

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Old 08-24-2011, 05:49 PM   #1 (permalink)
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Default Steve Jobs resigns as Apple CEO ... What would be next for Apple?

Most of us on the forum are avid Apple addicts, carry numerous Apple items (2 iPhone, briefly owned the iPad1 & 2) and own their stocks. Much of the success of Apple IMO came from Steve Jobs and I believe his genius helped propel Apple to the current standing it enjoys ... Around the time of the debt ceiling fight, Apple has/had more cash in reserve than the US Treasury. This begs the question, what would be next for Apple in your opinion?

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Steve Jobs Resigns
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Old 08-24-2011, 05:51 PM   #2 (permalink)
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Nothing changes, he has not even been around much the past few years with sick leave and other things.
I will say the stock price will drop a little with this, but honestly this is actually the perfect time. You have a huge product launch in a few weeks (iPhone 5, new iPod line up, etc.) which will carry Apple for another 6-8 months. Also, he will still be on the board so he still can influence the company.
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Old 08-24-2011, 05:56 PM   #3 (permalink)
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I used to like Apple, had 3 iphones. Now i use an android phone, much better in my opinion. The thing I can't stand about Apple is how big they are and how they sue so often.
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Old 08-24-2011, 06:15 PM   #4 (permalink)
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Quote:
Originally Posted by azn370z View Post
I used to like Apple, had 3 iphones. Now i use an android phone, much better in my opinion. The thing I can't stand about Apple is how big they are and how they sue so often.
Every big company sues a ton. Microsoft has a sh*tload of pending lawsuits as well. It goes with being successful and having a huge legal dept.
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Old 08-24-2011, 06:43 PM   #5 (permalink)
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Every big company sues a ton. Microsoft has a sh*tload of pending lawsuits as well. It goes with being successful and having a huge legal dept.
I believe ms sues because they want money. Apple does it to prevent companies from being innovative.
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Old 08-24-2011, 06:49 PM   #6 (permalink)
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Next up for Apple:
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Old 08-24-2011, 06:53 PM   #7 (permalink)
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Over the years, I believe Mr. Jobs has fostered a very creative and user-centric team that will continue the successes.

One of the big reasons that Apple has done so well since Jobs came back years ago, is that he was one of the founders of Apple, not just a someone on the CEO merry-go-round like Gil Amelio was.

I bought my first Mac in 1995 and at the time thought that I had made a huge mistake because it looked like the company was going under. Their stock was slightly under $14/share at the time. Unfortunately for my pocketbook, the opposite happened and I didn't invest. Their stock has split at least twice since then, which means I would have been a millionaire if I'd invested in '95 instead of being fearful.

IMO, the only way to continue successes in ANY company are to promote from within. Hiring outside, uninvested CEOs is a death nell for companies. Business schools seem to teach the opposite, but they're full of crap. That kind of management just get richer while the employees and customers get screwed.

Apple will be fine as long as they follow the course that they've been on for over a decade.
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Old 08-24-2011, 07:24 PM   #8 (permalink)
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Quote:
Originally Posted by azn370z View Post
I believe ms sues because they want money. Apple does it to prevent companies from being innovative.
They both do it for both reasons. It's a common tactic with huge companies.

You know who held most of the patents on electric vehicles for a long time? Oil companies!
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Old 08-24-2011, 06:10 PM   #9 (permalink)
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As long as he stays directly involved, I don't think much will change with Apple and it will continue to be an innovator in the industry as it has been over the years. Definitely an Apple guy here, I have spent many years in the field (school system) working with Apple products repairing both software and hardware and have maintained email servers using Xserves. Great products!
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Old 08-24-2011, 06:14 PM   #10 (permalink)
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The only thing it means for Apple is that all the fickle investors will dump stock and send the stock price down temporarily. Honestly, I believe Apple stock is still overpriced even though it has sunk over 6% in after hours trading.

I guarantee that they have a whole bunch of new products developed that they can have on hand to release for years to come.
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Old 08-24-2011, 06:16 PM   #11 (permalink)
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Great points theDreamer, still the creativity genius all came from Jobs and no one else. This is very much the same situation at Oracle with Larry.

AZN, you are probably one of the very few who doesn't like Apple (with the right reason I'm sure). To be honest, I think they adopted the right steps to protect their intellectual property. Early on, they were playing too nice and had/have numerous companies steal their designs. Still today, there are some smart phones & tables that obviously stole the design from Apple.
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Old 08-24-2011, 06:25 PM   #12 (permalink)
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Great points theDreamer, still the creativity genius all came from Jobs and no one else. This is very much the same situation at Oracle with Larry.
I disagree with this part, "it all came from Jobs."
He himself set the standard years ago when he returned as CEO but honestly he is the face of Apple for the past 5 years and not the innovator of the company. The past few key designs for the company, iPhone, Macbook Air, iPad have come from another individual: Jonathan Ive
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Old 08-24-2011, 06:22 PM   #13 (permalink)
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Love apple. I still have an original classic Apple Macintosh Plus 1MB. Use an iMac and also have the iphone 4 and iPad. I don't think much will change. It's like M$ did with Bill Gates.
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Old 08-24-2011, 06:30 PM   #14 (permalink)
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And to add on, Cook taking over is the right move.
A lot of people wanted Ive to become CEO and Cook to maintain his role, but Ive is a designer and not ready yet to run Apple. Cook will continue to keep Apple moving forward and profitable while others will produce new 'exciting' products.
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Old 08-24-2011, 06:31 PM   #15 (permalink)
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I think the stock market is going to go nuts and I think personally that its not going to be the same. We shall see.
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