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Apple (AAPL +1.4%) has turned positive after opening lower on news of Steve Jobs' death....

Apple (AAPL +1.4%) has turned positive after opening lower on news of Steve Jobs' death. Analysts are reaffirming their confidence in Apple's management team to produce "continued success." However, the true impact of Jobs' passing may not involve Apple's short-term ability to grow existing businesses, but its long-term ability to deliver "the next big thing." (more)
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Comments (3)
  • HiSpeed
    , contributor
    Comments (1177) | Send Message
     
    Shouldn't the question be, "who is the visionary who now steps in to take the place of Jobs?"
    6 Oct 2011, 10:59 AM Reply Like
  • gjg49
    , contributor
    Comments (411) | Send Message
     
    ibm's stock performance relative to the s&p500 peaked at the end of 1969, shortly before thomas watson jr stepped down as ceo.

     

    microsoft's performance relative to the s&p500 peaked at the end of 1999, very shortly before bill gates stepped down as ceo.

     

    will this trend of history tend to repeat?? time will tell
    6 Oct 2011, 11:10 AM Reply Like
  • DubyaT
    , contributor
    Comments (42) | Send Message
     
    I firmly believe that Jobs led us all over this visionary hump. The competitors are still way behind. Basically they're violating intellectual property laws simply because they cannot afford not to.

     

    He didn't invent the phone he just made the internet mobile. He didn't invent music in your pocket either he just reimagined its delivery. I believe that he created an ecosystem for Apple that laid out a path for future innovation and growth; iTV or what have you.

     

    That being said, trees don't grow to the sky. But this is still an area for enormous growth, not consumer staples.
    6 Oct 2011, 11:13 AM Reply Like
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