Saudi Prince Alwaleed: Judge Apple’s Cook in two years; next 5-6 quarters will be mainly under Steve Jobs’ influence

“”Saudi billionaire Prince Alwaleed bin Talal said the time to judge Apple Inc. management will be in two years because the next five to six quarters will be mainly the influence of founder Steve Jobs,” Dakin Campbell reports for Bloomberg. “‘The strength of Steve Jobs is that he established a company that’s clearly moving on all cylinders and clicking very well,’ Alwaleed, 56, who owns Apple shares, said in an interview airing today on public television’s ‘Charlie Rose’ program. ‘For the next five, six quarters, this will be still the legacy of Steve Jobs. I think maybe two years from now, we will see what happens with the new management.'”

Campbell reports, “Tim Cook, chief executive officer of Cupertino, California- based Apple, hasn’t signaled any major departures from the strategy laid out by Jobs, who died in October. The company last month reported the best quarter in its history, with profit doubling to $13.1 billion on record sales of the iPhone, iPad and Mac computers.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]

Related articles:
Saudi Prince Alwaleed: Apple ‘will survive’ without Steve Jobs – July 21, 2011
Saudi Prince Alwaleed meets with News Corp’s Murdoch to discuss investments – January 16, 2010

18 Comments

  1. If/when Apple will come up with iTV, then direct influence of Jobs’ will be beyond these two years. Because Steven personally worked on concept and principles of Apple’s version of what TV should be.

  2. Is Prince Alwaleed aware the Cook has been over seeing many things when Jobs took ill? 6 Quarters? What measure and knowledge inside Apple does he have to say in a year and a half things will change. I will tell you – he’s against Apple and will invest in Samsung thats my GUESS like the PRINCE is GUESSING also. DONT LISTEN TO HIM just like nobody is going to listen to me.

      1. If my memory and math is right (and if he didn’t sell the shares he bought back then), he would have turned that $150 million into almost $15 billion.

        Not bad.

        1. Except he did sell up, around the time that the stock climbed above $50 or so (pre-split). Said he wanted to cash in to invest in some hotels.

          Those hotels would have had to be bloody successful to recoup the money he might have made.

  3. This coming from a guy who invested heavily in AOL, MCI and Motorola. Maybe you should take your common sense statements and apply them to your oil-funded investment portfolio. Apple’s the only horse you’ve been lucky enough to have in your stable.

  4. I think he has a good point. Yes, Tim Cook is an excellent manager and CEO, and a genius at logistics. The question remains, after two or three years, when the plans outlined by Steve Jobs have come to fruition, what will be in Apple’s pipeline, and will Cook have the personality/vision to create great products, drive innovation, and successfully disrupt markets the way Jobs did? If not, though Apple will continue to be successful, it might no longer be the innovation powerhouse it now is.

    Before you call me a troll, I’ve been using Macs and only Apple equipment in my home since 1984 when I bought the second Mac Apple produced, the 512K “Fat Mac.”

    1. Lots of great pieces still in place at Apple. But who is the person who has the vision about human behavior? Steve was the surrogate for the everyday user. He got inside their heads, knew what they might like, could evaluatie how people would consume content, use their technology.

      While Jony Ive is a genius at ID, I dont know that he has that level of insight Steve had. Cook is clearly a logistical genius. Who takes over that role as the representative of the user?

  5. Tim Cook has essentially been CEO for over a year now, since he was running Apple during Jobs’ health issues. Jobs basically backed out of things except for guiding new products.

    The real test will be to see what Apple’s next great product will be. Obviously iTV is in the works, but what about after that?

    My money’s on Scott Forster to be the driving creative force for the future.

  6. Steve Jobs had the luxury of focusing on new products because TIm Cook takes care of the everyday business. Don’t expect Tim Cook to take the workload of Steve Jobs as well. Steve Jobs, from a fundamental point of view, should be replaced by another person with the same abilities and genius.

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