Quote:
Originally Posted by HyperionMark
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.
Last edited by bills217; 08-24-2011 at 07:36 PM.