Enderle: Tim Cook is toast as Apple CEO

“It was hard to listen to the second quarter financial report from Apple and not imagine Steve Jobs spinning like a top in his grave,” Rob Enderle writes for CIO.

“When Jobs took over Apple, the company was awash with debt, mere months from going bankrupt and selling way too many products to manage,” Enderle writes. “Cook’s stated plan is to eliminate Apple’s cash reserves, increase debt and build a lot more variety into Apple product lines. It reads like he’s planning to return Apple to how it was when Jobs took over—hopefully short of the ‘nearly bankrupt’ part.”

MacDailyNews Take: Cook’s stated plan most certainly is not to eliminate Apple’s cash reserves.

“Assuming someone at Cook’s level is an idiot isn’t in itself wise; rising to that level requires a certain amount of intelligence and, as COO, if nothing else Cook should understand numbers,” Enderle writes. “Here’s what I think could be going on.”

MacDailyNews Take: Enderle think? Since when?

Enderle writes, “At the outset, Cook had to know that the only reason Jobs wanted him for CEO was because Jobs thought until the very end that he could come back. Given the choice, Jobs believed Apple’s board would pick him. In other words, Cook was selected specifically because Jobs knew he couldn’t do the job and would be an excellent placeholder because he was so badly matched. Cook likely knows his days are numbered… ”

Full article – Think Before You Click™here.

MacDailyNews Take: Behold, the new low water mark for Enderlean fuckery.

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

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80 Comments

      1. opinions are like assholes, everyone has one and occasionally they are clear. lucid and then, other times, as with y’all’s in this case, they simply are full of shit.
        fuck off POS and happy trails

        1. Maybe not, but there are decent and indecent words, as determined by society. No, you’re not a rebel for using them like any other word. While I can agree with 3I3c7ro’s longing for decency, his above insult and condescending tone not only don’t help his cause, they hurt it.

          And even though I long for a more decent world, the reason such “bad’ or “indecent” words exist is to drive home a point in certain situations. I full believe this is one of those situations.

      2. I agree with 3I3c7ro.
        Foul language is not professional and never will be. You will never find it in Science journals, it will never be used by legitimate news organizations when reporting the news. Why? Because it makes the reporter/organization look juvenile and unprofessional. I weakens a news organizations credibility.

        In short, it is uncalled for. MDN could have just as easily said that Enderele “reached a low point in his shenanigans.” (Look it up in a dictionary shenanigans actually fits better than the word that was used.)

    1. Irrelevant but well paid.

      I think of the Enderle Group as a cut above the homeless couple with dog. Both have proven business models but they come with attendant risks.

      The dog is mangy, pathetically appealing. The man typically wears camouflage; the woman’s wardrobe is late 2000 Goodwill. They take turns holding up cardboard signs for use at major city intersections, long recognized as optimal panhandling technology. They are skeletal, their faces creviced, due not to hunger but to chronic methamphetamine use. The business model, learned through tutorials in one of several Google Groups, is a direct appeal to basic emotional vulnerabilities present in all humans and explicated in neurobiological terms by Panksepp et al. The average yield is estimated at $35K annually in major U.S. cities that permit this form of public solicitation, higher in warmer climates. Adjusted for HRO (Home Renter/Owner), which factors out housing costs, social services, and taxes, the number is $110,000, placing such a family of independent entrepreneurs squarely in the middle class.

      Internet analysts, like the typical homeless group, trade in raw human emotional appeal, but benefit greatly by employing fear, jealousy, and envy components instead of the simple compassion impulse depended on by simpler street people for their livelihoods. As well, the intersections in which scraggly people play on our fears and desires are more lucrative in the nodes of the mighty Internet.

      1. Contrast that with early Apple investors…

        “The Menace is loose again, the Apple investor, the hundred-carat headline, running fast and loud on the early morning internet, low in the saddle, nobody smiles, jamming crazy through web traffic and ninety miles an hour down the T1 backbone, missing by inches . . . like Genghis Khan on a laptop, a monster steed with a fiery Cat 5 port, flat out through the eye of a firewall and up your daughter’s portfolio with no quarter asked and none given…” With apologies to HST.

      1. Umm, most people would consider being able to work from home a bonus. (I personally don’t, actually.)

        Also, I think his kid is one of the group too… or else I’m thinking of one of the other analyst ‘groups’ that shows up on TV all the time, where the (at least 20something) kid is now on the scene.

  1. Is this guy fucking retarded!! My apologies to those with learning disabilities. It’s all about the BIG PICTURE!!! Listen to EVERYTHING Steve has said!! Stop thinking of Apple as a traditional company! They’re smarter than you!!

    1. He is irrelevant. He’s not on the radar as a credible analyst. I guess MDN,as usual, just reprinted his inane remarks to stir up trouble. A waste of time reading past the first few sentences. But most analysts,regardless of their positive or negative forecasts for Apple, are useless.

        1. I get it. You get it. It’s just that I don’t follow the herd around here. Nor do a lot of others actually. Thankfully. Never worry about pleasing or displeasing anyone. Think and speak for yourself. Never seek the affirmation of others otherwise you compromise your own thoughts and principles. But it’s nice that you agree with me. Finally.

  2. Enderle has been saying that Apple was in debt when Steve took over, for the last 15 years. He even says that he was instrumental in helping Apple before Steve came back.

    When Steve came back in the late 90s, Apple still had $2 billion in the war chest. Things got tense before the turn around but Apple never did go into debt.

    I’ve tried to set Enderle strait for over 10 years. Even showed him Apple’s yearly reports. The man is thicker than all the kids on the short bus put together.

    1. As a parent of a child with a disability, could we please leave those with learning issues out of it? Clearly, as some of these posts indicate, intelligence does not always correlate to wisdom. Idiocy comes in all IQ levels.

  3. I guess this pretty much seals Cook’s permanence at Apple, since Enderle has never, ever been even close to right about anything. Enderle is the guy who puts the ‘anal’ in analyst.

    1. Hilarious!

      As Gruber noted ten years ago (2003):
      >Speaking of jackasses, how about technology industry “analyst” Rob Enderle? Enderle is both:
      * Frequently quoted in major mainstream media
      * Nearly always completely wrong…
      One would hope these two facts would be mutually exclusive — that a self-professed industry expert whose pronouncements about Apple were nearly always wrong would eventually stop being asked for his opinion about the company and its products. But alas, no.
      >Enderle for years has been banging the drum that Apple is doomed unless it switches gears and starts making Wintel-compatible PCs and competing with Dell on “style”.

  4. Hey Enderle, are you reading all of this?

    Get a clue, dork!

    I think most of these lame analysts are looking for Captain Cook to be more like Steve Jobs and aren’t giving the guy an honest break.

    Apple’s strength is following their own path. Not a useless analyst, Wall Street or Donald Trump.

  5. Perhaps, (just go with me here people) perhaps Ol’ Rob Enderle is correct. Maybe like that clock(is broke) he got the correct hypothesis:

    Tim Cook is performing a ritual, a raindance, exactly the opposite way of the way that Steve Jobs said he could not do.
    Return Apple to its darkest hour, at the brink, and then pray like a shaman for the resurrection of Lord Jobs. Only then can apple win

    1. What’s missing from your scenario is that Jobs anointed Cook as heir apparent. To denounce Cook now would be to question Jobs’ judgment, wisdom, and prescience, and throw the whole construct into a tailspin. It would be tantamount to saying that only the mystery of Steve Jobs can explain Apple’s ascendance, but now his divinity is in question.

      The actual marketplace, however, is showing that it wasn’t just charisma, marketing hype, or a reality distortion field that was capturing so many hearts, minds, and dollars—it was making Goddamn good products. Cook made them. He has more in the pipeline, and will make a great deal more money for the next few years. This will not arrest the parade of fools who would choose to loudly disagree. But Results trump Insults, every time.

    2. …then pray like a shaman for the resurrection of Lord Jobs

      And here are instructions about how to do the deed! 😈

      Herbert West — Reanimator

      …a corpse fully equipped with organs may with suitable measures be set going again in the peculiar fashion known as life. – Has someone got a spare pancreas they can donate to the cause?

      [I am of course advocating making fun of the dolt named Enderle, not desecrating the grave of dear Steve jobs].

  6. Anybody remember how constantly critical Enderle was of Jobs? Enderle hated him. As far as the debt, right now money is so cheap Apple would be be crazy not to borrow. Use the money to buy back stock and make serious double digit gains on that.

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