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The end for Apple: Steve Jobs resigns
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georgia_tech_swagger Offline
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Post: #1
The end for Apple: Steve Jobs resigns
And so begins their long slow slide back into oblivion.
08-25-2011 10:27 AM
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mlb Offline
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Post: #2
RE: The end for Apple: Steve Jobs resigns
(08-25-2011 10:27 AM)georgia_tech_swagger Wrote:  And so begins their long slow slide back into oblivion.

We shall see if he was truly the innovator if he was just credited with all of the innovations.
08-25-2011 10:57 AM
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georgia_tech_swagger Offline
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RE: The end for Apple: Steve Jobs resigns
(08-25-2011 10:57 AM)mlb Wrote:  
(08-25-2011 10:27 AM)georgia_tech_swagger Wrote:  And so begins their long slow slide back into oblivion.

We shall see if he was truly the innovator if he was just credited with all of the innovations.

He is a micromanager to the nth degree. And that pushes out innovation.

And he's already lost his best industrial designers.
08-25-2011 11:07 AM
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mlb Offline
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RE: The end for Apple: Steve Jobs resigns
Innovation is created by micromanagement? Don't think so personally.
08-25-2011 11:12 AM
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bitcruncher Offline
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Post: #5
RE: The end for Apple: Steve Jobs resigns
If you guys will remember, Steve Jobs resigned once before. Apple lost ground to Microsoft, so he came back. We'll see what happens this time around. But if history is any indication, it doesn't look good for Apple...
08-25-2011 12:18 PM
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flyingswoosh Offline
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Post: #6
RE: The end for Apple: Steve Jobs resigns
they'll be fine
08-25-2011 01:17 PM
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mlb Offline
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RE: The end for Apple: Steve Jobs resigns
(08-25-2011 12:18 PM)bitcruncher Wrote:  If you guys will remember, Steve Jobs resigned once before. Apple lost ground to Microsoft, so he came back. We'll see what happens this time around. But if history is any indication, it doesn't look good for Apple...

He didn't resign... he got run out of his own company. And he got run out AFTER Apple had already fallen behind Microsoft.
08-25-2011 02:20 PM
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Tom in Lazybrook Offline
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Post: #8
RE: The end for Apple: Steve Jobs resigns
(08-25-2011 10:27 AM)georgia_tech_swagger Wrote:  And so begins their long slow slide back into oblivion.


As much as I'd like to see the new Apple CEO knock it out of the park (Auburn Grad from Mobile and openly Gay), Apple has a few challenges ahead.

1) Apple's model of low/no customer service is fine when you are selling a 'niche product' to techies who love interacting with other users to find the secret way to fix their own problems. Its less of a good idea when one is looking to retain a mass market share. There is a limited demand for people willing to pay a LARGE premium in order to have to wait for 2 hours at the Idiot Bar at the mall to attempt to solve technical issues.

2) Apple's products tend to command about a 100% premium over similar products/technologies. Eventually, they'll lose ground to cheaper competitors unless they can continue to bring out real new technology (and no, the next iPad version isn't going to drive massive new sales unless there is dramatic new technology).

3) Apple's product line may be reaching saturation as far as the developed market goes. They aren't going to be able to GROW earnings in the developed world with their prices. Which leads into the next problem

4) Apple's stock price is predicated on massive earnings growth. Those levels of earnings growth are harder to produce from an already high earnings base. Once that earnings GROWTH rate drops, the stock, which may be overpriced to begin with, will fall dramatically as the PE multiplier falls.
08-25-2011 02:29 PM
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georgia_tech_swagger Offline
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Post: #9
RE: The end for Apple: Steve Jobs resigns
(08-25-2011 11:12 AM)mlb Wrote:  Innovation is created by micromanagement? Don't think so personally.

It works if the micromanager is an innovator. It comes at the price of eliminating other innovators in the system.

(08-25-2011 01:17 PM)flyingswoosh Wrote:  they'll be fine

They have enough momentum to coast for awhile. But much like 3 AM at a frat party, the crowd will thin before you know it and eventually there's just a mess to clean up.
08-25-2011 05:03 PM
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flyingswoosh Offline
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Post: #10
RE: The end for Apple: Steve Jobs resigns
(08-25-2011 02:29 PM)Tom in Lazybrook Wrote:  
(08-25-2011 10:27 AM)georgia_tech_swagger Wrote:  And so begins their long slow slide back into oblivion.


As much as I'd like to see the new Apple CEO knock it out of the park (Auburn Grad from Mobile and openly Gay), Apple has a few challenges ahead.

cook might be gay, but certainly not open about it
08-26-2011 07:39 AM
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SouthGAEagle Offline
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Post: #11
RE: The end for Apple: Steve Jobs resigns
Today's The Joy of Tech cartoon:

[Image: 1583.jpg]
08-29-2011 09:49 PM
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