“When Steve Jobs died on Oct. 5, 2011, many investors were afraid the company’s best days were now in the past. The legacy leader, many argued, is simply irreplaceable,” Daniel Sparks writes for The Motley Fool. “With Apple’s (AAPL) stock severely lagging the S&P 500’s 47% surge since Jobs’ death, investors are desperate.”
“Arguably, Apple hasn’t yet had the time to prove itself since his passing. But a year and a half later, investors are tired of waiting,” Sparks writes. “Apple needs another wave of innovation. In hopefulness, heads are turning toward Apple’s design guru, Jony Ive.”
Sparks writes, “As Time Magazine wrote [of Ive]: ‘His genius is not just his ability to see what others cannot but also how he applies it. To watch him with his workmates in the holy of holies, Apple’s design lab, or on a night out is to observe a very rare esprit de corps. They love their boss, and he loves them.'”
Read more in the full article here.