Jase

Apple Drops MacWorld: Good Move, But Likely to Start Another Steve Jobs Rumor

Arbitrage Cons.,

Re. "... will go down with Thomas Edison"--that's a bit of a stretch. Taking nothing away from Jobs' ability to dream, design, think, simplify, outsmart, incessantly craft, and relentlessly persist... placing him in the same category as Edison, in my view, is a grossly inaccurate comparison. Names that perhaps ought to accompany Edison (or perhaps names that Edison ought to accompany, in no particular order) might include: Bardeen, Brattain, Shockley, Townes, Schawlow, Maiman, Tesla, Babbage, Turing, S. Christie, J. Fleming, Kemeny, Kurtz--you get the idea, this is a long list.

I acknowledge that my list is comprised of arbitrary names whose contributions vary considerably. Steve Jobs is an entrepreneur, calling him an inventor is unfair to those who truly invent. While Jobs created the first Apple computer, true elegance in computer design was first demonstrated by Jef Raskin. Jef Raskin is the real, long forgotten, creator of the Macintosh computer. Many are surprised to learn that on several occasions Jobs actually attempted to thwart the Macintosh development efforts at Apple.

Yes, Jobs is a vicious CEO and shrewd businessman, an excellent designer, and a master of aesthetics. He is, however, not an inventor.

Glad to hear that you were able to pick up Apple at $16 when it rose from the ashes. I look forward to covering my short AAPL position at around those levels.