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The Real Issue About Steve Job's Health
Written By Tyme on Jul. 23, 2008.
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From the Clip The Real Issue About Steve Job's Health posted by Tyme:
The concerns around his health have centered on two things: His thin appearance at the Worldwide Developer’s Conference, and published reports in Fortune that in late 2003 after he first learned he had cancer, word of his condition wasn’t disclosed to investors for nine months. Having consulted with two outside lawyers, the board of directors decided that it wasn’t under any obligation to disclose anything.
This is an interesting situation. Jobs obviously isn't going to be around forever...what happens when he leaves? Perhaps they need to start integrating new visionaries publicly now (they say they have a plan internally) so that in the event something does happen their stock won't tank every time he catches a cold.
Do you guys place an extreme amount of importance on Jobs being with the company?
Scrivs
Written Jul. 23, 2008 / Report /
I think they have already started giving people test runs at WWDC and MacWorld when they allow them to make cameos and show off a certain feature. They are still unsure as to who will succeed job, but rest asure the plan is in place. Of course the stock will drop when any concerns about Jobs arises and will drop again when he retires, but I think Apple has built a culture around itself that it should be able to push through. Or you might have the Bill Gates effect and the company stops getting mentioned anywhere at all.
RightOn
Written Jul. 23, 2008 / Report /
I think there will be a great deal of panic from the fan boys, and the doomsday folks will drag out their death march drums YET AGAIN... but I too feel that Jobs and Apple have done a good job this time setting the balls in motion and will do an excellent job finding his replacement that what happened before, won't happen again.
Ozone42
Written Jul. 23, 2008 / Report /
He's a great businessman, and there's no doubt he saved apple and a lot of their success is due to his leadership. However I find this pretty ridiculous. News outlets pander to FUD. I saw one report that made a big deal about him not being on the earnings call the other day. A call he's only been in on 3 times in the last 11 years.
Apple does have the cult of personality factor going on, but I don't think it's necessary. They have a ton of really bright people at work on products. They just need someone who understands their strengths, goals, and the business world in general at the helm. A strong leader is required to continue to grow at the rate they have been, but is not required for success.