“Apple has portrayed itself over the past decade as a company gloriously resurrected by a single man. And now that that man is ailing, the company is paying the price. But the fact of the matter is that Apple has never, EVER, been in a stronger position that it is currently. And while it will always be better off with Jobs as its leader, his absence doesn’t suddenly make it as if the iPhone or the iPod or the Mac never happened,” John Paczkowski writes for AllThingsD.
“Someday, someone will take over for Jobs–the company OBVIOUSLY has a succession plan; it’s just not willing to share it at this point– and while there be a major upheaval in Apple’s share price, there won’t be one in its operations or performance. Certainly, that’s the opinion of many of the analysts who cover the company,” Paczkowski writes.
“‘A lot of people think Jobs is responsible for every single decision made at Apple,’ says Gartner analyst Van Baker. ‘The reality is that’s not true. Just go down the executive line. He’s got a very competent team there,’” Paczkowski reports. “J.P. Morgan Securities’ Mark Moskowitz agrees… As does Pacific Crest Securities analyst Andy Hargreaves… And Kaufman Brothers analyst Shaw Wu as well.”
Full article here.
[Thanks to MacDailyNews Readers "JES42" and "Judge Bork" for the heads up.]
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