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-   -   Apple discussion thread (https://forumserver.twoplustwo.com/30/business-finance-investing/apple-discussion-thread-1088712/)

HyperionMark 08-24-2011 07:21 PM

Apple discussion thread
 
How do you see it impacting Apple? What about AT&T? Verizon? Sprint?

Is the company too big at this point to be affected much by one man stepping down or is a visionary leader extremely important to a company even the size of Apple?

BoredSocial 08-24-2011 07:29 PM

Re: Impact of Jobs Resigning
 
I just bought apple stock for the first time ever. Jobs was a great leader-and I'm confident the culture he created will keep churning out things that change the world.

bills217 08-24-2011 07:30 PM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by HyperionMark (Post 28344849)
How do you see it impacting Apple? What about AT&T? Verizon? Sprint?

Is the company too big at this point to be affected much by one man stepping down or is a visionary leader extremely important to a company even the size of Apple?

Apple is different than a company like Exxon or Coca-Cola in that it has to constantly be innovating to win each product cycle, and the cycles are shorter now than they've ever been. In my opinion, visionary leadership is disproportionately important to a company like AAPL. Of course it's impossible to quantify the effect that Steve Jobs has had individually on the company, but suffice it to say him leaving is materially negative, probably moreso than any one person leaving any other large-cap company, that I can think of, and I even include Buffett in that.

bills217 08-24-2011 07:34 PM

Re: Impact of Jobs Resigning
 
This is totally off-topic, but there was a hilarious anecdote about Jobs in the new ESPN book.

George Bodenheimer bumps into Jobs at a Disney board meeting right after they bought Pixar. ESPN had just released the ESPN phone, so Bodenheimer thought it would be appropriate to introduce himself. He says to Jobs, "Hi, I'm George Bodenheimer, president of ESPN," and extends his hand. Jobs doesn't shake his hand, says, "Your phone is the dumbest ****ing idea I have ever heard," and walks away.

Needless to say, the ESPN phone was a huge flop.

JasonInDallas 08-24-2011 07:36 PM

Re: Impact of Jobs Resigning
 
Didn't Apple go straight in the dump last time he left after doing well for years? Then he came back and *poof* they come up with the ipod then itunes then the iphone?

I have no idea really, but I like to believe Jobs stood over the product designers with a cattle prod and insisted on near perfection all around. And I'm a guy who loves to hate Apple.

JasonInDallas 08-24-2011 07:38 PM

Re: Impact of Jobs Resigning
 
Obv time to buy GOOG :)

Scottyy 08-24-2011 07:43 PM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by bills217 (Post 28345007)
Apple is different than a company like Exxon or Coca-Cola in that it has to constantly be innovating to win each product cycle, and the cycles are shorter now than they've ever been. In my opinion, visionary leadership is disproportionately important to a company like AAPL. Of course it's impossible to quantify the effect that Steve Jobs has had individually on the company, but suffice it to say him leaving is materially negative, probably moreso than any one person leaving any other large-cap company, that I can think of, and I even include Buffett in that.

Another example is Dell, Michael left and the company went downhill fast

cres 08-24-2011 08:16 PM

Re: Impact of Jobs Resigning
 
Jobs was the driver, the maniac who inspired/forced his subordinates to be "insanely great". Without another of that same............ ego-maniacal attitude, they're just another electronics company.

CharlieDontSurf 08-24-2011 08:20 PM

Re: Impact of Jobs Resigning
 
has anything changed between yesterday and tomorrow other than Jobs has a different title?

bills217 08-24-2011 08:28 PM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by CharlieDontSurf (Post 28345947)
has anything changed between yesterday and tomorrow other than Jobs has a different title?

If nothing was changing, why would they change his title?

CharlieDontSurf 08-24-2011 08:32 PM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by bills217 (Post 28346146)
If nothing was changing, why would they change his title?

hasn't the board been asking for it to happen for last like 6-8 months

pig4bill 08-24-2011 08:47 PM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by bills217 (Post 28345007)
Apple is different than a company like Exxon or Coca-Cola in that it has to constantly be innovating to win each product cycle, and the cycles are shorter now than they've ever been. In my opinion, visionary leadership is disproportionately important to a company like AAPL. Of course it's impossible to quantify the effect that Steve Jobs has had individually on the company, but suffice it to say him leaving is materially negative, probably moreso than any one person leaving any other large-cap company, that I can think of, and I even include Buffett in that.

They could always change their business model, which is to invent something they can't patent and then ridiculously overcharge for it so that competition floods in.

We Major 08-24-2011 09:00 PM

Re: Impact of Jobs Resigning
 
The thing about Jobs is he had a strong strategic long term vision and he drove people to execute and innovate.

He's still on the board, so he can still drive that long-term vision, at least for the next few years. The culture that he instilled still theoretically exists.

I don't think it changes very much.

SlowHabit 08-24-2011 09:01 PM

Re: Impact of Jobs Resigning
 
It's like Gates leaving MSFT.

rleidle 08-24-2011 09:54 PM

Re: Impact of Jobs Resigning
 
Much worse than Gates leaving MSFT imo. He was already halfway out the door and much of the responsibility was handled by Ballmer. Plus Microsoft wasn't/isn't known for great design or innovation.

hobokes 08-24-2011 10:23 PM

Re: Impact of Jobs Resigning
 
Simple Question: Would you buy AAPL at the open tomorrow for $355 with the intention of holding for 3+ Years?

tastychicken 08-24-2011 10:29 PM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by HyperionMark (Post 28344849)
How do you see it impacting Apple? What about AT&T? Verizon? Sprint?

Is the company too big at this point to be affected much by one man stepping down or is a visionary leader extremely important to a company even the size of Apple?

Visionary leaders could arguably be even more important at large companies.

bills217 08-24-2011 10:41 PM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by hobokes (Post 28348211)
Simple Question: Would you buy AAPL at the open tomorrow for $355 with the intention of holding for 3+ Years?

no

BoredSocial 08-25-2011 01:32 AM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by hobokes (Post 28348211)
Simple Question: Would you buy AAPL at the open tomorrow for $355 with the intention of holding for 3+ Years?

Yes. And I've done it. You people are nuts. Jobs has had serious health issues since 2004. Also modern apple is NOT the company he left before. Modern Apple is Steve Jobs vision institutionalized.

We Major 08-25-2011 01:43 AM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by BoredSocial (Post 28351303)
Yes. And I've done it. You people are nuts. Jobs has had serious health issues since 2004. Also modern apple is NOT the company he left before. Modern Apple is Steve Jobs vision institutionalized.

This.

The market has had Steve Jobs eventually leaving as CEO factored into Apple's price for the last few years anyways.

Ankimo 08-25-2011 04:24 AM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by We Major (Post 28351440)
This.

The market has had Steve Jobs eventually leaving as CEO factored into Apple's price for the last few years anyways.

Proof?

Brons 08-25-2011 05:54 AM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by rleidle (Post 28347646)
Much worse than Gates leaving MSFT imo. He was already halfway out the door and much of the responsibility was handled by Ballmer. Plus Microsoft wasn't/isn't known for great design or innovation.

Jobs has been taking long periods (months) off on a regular basis for years now.

Hielko 08-25-2011 07:50 AM

Re: Impact of Jobs Resigning
 
Quote:

Originally Posted by Ankimo (Post 28352788)
Proof?

AAPL being down just a few percent right now.

DeadCellKid 08-25-2011 09:30 AM

Re: Impact of Jobs Resigning
 
I wonder if it will be a small reaction, perhaps 5-7% drop for a small amount of time ( quantified, for arguments sake, as 3mo's), and then when the iPhone 5 drops, followed by a new iMac, followed by a new TV (Who knows, etc etc)... that the shares will again ascend higher than imagined possible...

BoredSocial 08-25-2011 10:37 AM

Re: Impact of Jobs Resigning
 
What's this? I got in at 355?


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