“Investment bank Kaufman Bros. on Tuesday downplayed renewed concerns over the health of Apple chief executive Steve Jobs, arguing that although the co-founder has been critical to the company’s resurgence, his spirit and drive have since been instilled in thousands of other Apple employees,” Sam Oliver reports for AppleInsider.
“In a note to clients, Kaufman Bros. analyst Shaw Wu offered his own thoughts and perspective on the situation, arguing against the notion that Apple is one man show but rather a vast family of enthusiastic professionals who share Jobs’ leadership skills and penchant for innovation,” Oliver reports.
“‘While CEO Steve Jobs deserves a lot of credit for the revival and success of Apple and, as one of the founding fathers of technology, helping revolutionize the world with the Apple I, Apple II, Lisa, Macintosh, NeXT, Pixar, Mac OS X, the Apple Store, iTunes, iPod, and iPhone, we believe Apple today has a deep bench and its culture of innovation and execution or ‘spirit’ has more or less been institutionalized,’ he wrote,” Oliver reports.
“Wu said that, in his view, Apple has an uncanny ability to attract and hire ‘fanatics’ who are ‘entrepreneurial, work hard, and are looking to change the world.’ He believes that unlike years past, the Apple of today is not only innovative but a company with world-class operations and execution, driven by many people other than Jobs, from its senior management team down to its 32,000 individual employees,” Oliver reports.
More in the full article here.
[Thanks to MacDailyNews Reader “Judge Bork” for the heads up.]