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Yeah, Steve Jobs cared not about money. That's why Apple has by far the highest margins in the industry.....:rolleyes:

give me a break.

Jobs chose the high margin direction to differentiate Apple's self from every other low margin/high volume computer vendor out there. Not for his personal wealth. Sure he was happy being rich. But if he just wanted the cash he would have taken more then the $1 a year.
 
And on the day the Supreme Court ruled in favor of the Obamacare as a tax ...
 
That might be true, and I'm not reading into Mansfield's motives, nor did I assume you were. What I took issue with was your statement that the "dream in business is to get rich." I think that's a modern American dream furthered by certain business schools. Of course every business wants to make money, and make a good profit. But our modern business culture that chases the dollar and lets quarterly profits dictate business strategy is poison in the well of American capitalism.

Old school tech companies used to invest heavily in R&D. Their focus was making innovative products. Look back 50 years, and Xerox, Bell Labs, and Hewlett-Packard were changing the face of technology. Apple grew out of that culture, while it still existed, and fortunately still maintains it. But they are one of the last of a dying breed. Everything is about ROI now -- no research, just copy what everyone else is doing and churn out cheap ****. This is not just hardware, either -- this attitude is rampant in software. Facebook, Instagram, Zynga. These companies are focused on getting as rich as possible. Not on serving customers in the best way. Although business schools and venture capitalists really infected the tech industry, this started with Microsoft, and Bill Gates. A guy who retired early and rich beyond imagination. I don't say that to make a comparison to Mr. Mansfield, but I say that because Gates grew up in the same shadow of the old tech companies (though maybe not as hippie; he grew up in a privileged environment in Seattle) as Steve Jobs and made a choice to focus on money instead of great products.

I use that term 'customer' deliberately because modern companies don't use that term anymore. Everyone is a 'consumer'. The change in that word means a lot. When we were customers, companies existed to benefit us. When we are seen as consumers, we exist to benefit companies.

And I think all of that, it comes back to the original matter -- do you go into business to get rich, or to make great things that will help people? I believe the world is better off with people who do the latter.

I see your point and agree to some degree. The people who really move things forward are the people who want to make the world a better place.

But the "sexy" innovators and high tech folks, or those who move things are a small minority. The others are still needed.

For example, its hard to get passionate about shoe laces or those little things that go on the ends of them but someone has to make it. Ditto for filler wood chips for playgrounds or furniture.

Those industries - and many like them - exist only because of the profit motive. Unfortunately, there is a lot of this unsexy work thats hard to get worked up over that needs to be done. So those people have a purpose too. :)

Personally, I got into business to get rich for myself and to have personal freedom, but I also like helping others and making a difference in people's lives.
 
Yeah, Steve Jobs cared not about money. That's why Apple has by far the highest margins in the industry.....:rolleyes:

give me a break.

Steve wanted lots of money, but not for the reasons that most people do. He seemed to always be looking for "validation" of his genius, and money is pretty much the easiest way to prove to the world that "you are the greatest"

Back on topic, maybe Mansfield just wants to leave while he is on top. The retina Macbook Pro is probably the best notebook released since the dawn of the powerbook 20 years ago, and I am sure Mr. Mansfield probably poured his heart and soul into that. Since it will be quite hard to top, he figures it would be best if he just stepped aside with his legacy secure.
 
Good luck Bob.


"the role will be transitioned to Dan Riccio, Apple's vice president of iPad Hardware Engineering, over several months"


This has me wondering if Apple truly is becoming an iToy company.

...kinda funny how businesses from large to small, corporate to government, local to global are adopting these iToys...I guess they are all toy companies...never knew we had so many Toy companies in the US/World and even in the federal government/federal contractors. I mean it's not like you can do actual work or run a business from these iOS, I mean iToy devices.

:rolleyes:

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Yeah, Steve Jobs cared not about money. That's why Apple has by far the highest margins in the industry.....:rolleyes:

give me a break.

Steve didn't care about the money. Did you see how he lived? Modestly.

He cared about making sure APPLE had enough money to never have what happened to it again with bad leadership when he was forced out. He also wanted APPLE to have enough money to pursue IT'S passions and goals and not have to 'borrow' and appease those if they had to borrow from someone.

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Back on topic, maybe Mansfield just wants to leave while he is on top. The retina Macbook Pro is probably the best notebook released since the dawn of the powerbook 20 years ago, and I am sure Mr. Mansfield probably poured his heart and soul into that. Since it will be quite hard to top, he figures it would be best if he just stepped aside with his legacy secure.

Maybe he knows the world is ending soon at the end of 2012 and wants to party.
 
...kinda funny how businesses from large to small, corporate to government, local to global are adopting these iToys...I guess they are all toy companies...never knew we had so many Toy companies in the US/World and even in the federal government/federal contractors. I mean it's not like you can do actual work or run a business from these iOS, I mean iToy devices.

:rolleyes:

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Steve didn't care about the money. Did you see how he lived? Modestly.

He cared about making sure APPLE had enough money to never have what happened to it again with bad leadership when he was forced out. He also wanted APPLE to have enough money to pursue IT'S passions and goals and not have to 'borrow' and appease those if they had to borrow from someone.

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Maybe he knows the world is ending soon at the end of 2012 and wants to party.


Maybe he knows what obamacare means- Right now, the maximum federal income tax rate on long-term capital gains and dividends is only 15%. Starting in 2013 with obamacare tax in force, the maximum rate on long-term gains is scheduled to go up to 20% and the maximum rate on dividends is scheduled to increase to 39.6% as the so-called Bush tax cuts expire.starting in 2013, all or part of the net investment income, including long-term capital gains and dividends, collected by higher-income folks can get socked with an additional 3.8% "Medicare contribution tax." Therefore, the maximum federal rate on long-term gains for 2013 and beyond will actually be 23.8% (versus the current 15%) and the maximum rate on dividends will be a whopping 43.4% (versus the current 15%). Yikes!

Meaning I don't blame him for cashing out now.. do the math..
Oh it also means the biggest tax hike in American history, on Americans and businesses, and mandated healthcare with penalties if you don't have healthcare... $700 plus to $15,000 in fines....
 
I'll miss his appearances on the keynotes, but good for him! Hell of a career.

But man, some of these comments. Do you guys really think he & Apple haven't prepared a suitable replacement & transition strategy? For the head of engineering?

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Here's hoping he takes his billions and truly makes the world a better place.

Huh. Downvoted 4 times. Go figure.
 
Back on topic, maybe Mansfield just wants to leave while he is on top. The retina Macbook Pro is probably the best notebook released since the dawn of the powerbook 20 years ago, and I am sure Mr. Mansfield probably poured his heart and soul into that. Since it will be quite hard to top, he figures it would be best if he just stepped aside with his legacy secure.

I'm guessing it has nothing to do with being on top, or his legacy, he gave 13 years of his life to apple, made more millions than he can spend before he dies, so he just wants to do other things before he gets too old.

If i was in his position i'd want to go do crazy stuff all over the world but would want to give key strategic input and go to all the secret meetings and stay in the loop of apple's secret stuff.

You think people at apple will show or tell him what's being worked on or does he now get to find out about it on macrumors or keynotes like the rest of us?
 
And on the day the Supreme Court ruled in favor of the Obamacare as a tax ...
What does today's Supreme Court ruling have to do with an individual's employment status?

What if you quit today? Or your next door neighbor? What would those events have anything to do with today's SCOTUS ruling?

Stop bringing partisan politics into matters that have NOTHING to with it. After all, how do you think this ruling will affect Mansfield's cash flow (which is in the millions of dollars)?

:rolleyes:

This is one of the most pathetically asinine things I've ever read here at MacRumors. Ten times worse than any rumor from Digitimes, as a matter of fact.

Amateurs.
 
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What does today's Supreme Court ruling have to do with an individual's employment status?

What if you quit today? Or your next door neighbor? What would those events have anything to do with today's SCOTUS ruling?

Stop bringing partisan politics into matters that have NOTHING to with it.

:rolleyes:

Amateurs.

Actually it does. The court ruled that it is constitutional to impose tax but not to force healthcare. So that means that all Americans will be taxed based on their status of income and status of having healthcare or not...and penalized if you don't...Oh Im a democrat btw... what it meant to be a democrat at least....

PS : it was just an observation why the man quit pulled out his money and retired...IMO
It also means not getting taxed at 43% of your dividends and long term investments i.e.; the 70,000000 he is retiring with...if you didnt get my drift.. try calculating those taxes on $170 million if he stayed 3 more years...almost equates to him quitting now.
 
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With rumors of an iPhone redesign coming this fall, it's possible that Mansfield wanted to stay with Apple through the introduction of that product.

More, since he is SVP of more than just the iPad division he is there to oversee the transition to the new SVP up through the iPhone/ipod launch.
 
Yeah, Steve Jobs cared not about money. That's why Apple has by far the highest margins in the industry.....:rolleyes:

give me a break.

He worked at Apple for free for 3 years while at the same time running Pixar. Sure he wanted his company back, but it was all about legacy.

Do your research. The guy didn't care about money. Sure he had a nice car, fairly nice home, and enjoyed travel and finer points in life, but he was a billionaire living like a millionaire.

Some of the people he hung out with we're referred to by his kids as their dads "rich" friends.
 
Actually it does. The court ruled that it is constitutional to impose tax but not to force healthcare. So that means that all Americans will be taxed based on their status of income and status of having healthcare or not...and penalized if you don't...Oh Im a democrat btw... what it meant to be a democrat at least....

PS : it was just an observation why the man quit pulled out his money and retired...IMO
It also means not getting taxed at 43% of your dividends and long term investments i.e.; the 70,000000 he is retiring with...if you didnt get my drift.. try calculating those taxes on $170 million if he stayed 3 more years...almost equates to him quitting now.

He sold a buttload of stock when it hit 650. He had a plan for awhile. He knows theres no MacPro coming. Getting out now.
 
He sold a buttload of stock when it hit 650. He had a plan for awhile. He knows theres no MacPro coming. Getting out now.

yup, and I think that many stock holders/investors are going to do the same..
 
I think he's done a great job in the last decade, its sad to see the original dream team slowly fading away.


I'm not. Too much of the same old same old can be bad for a business. They stagnant in the mire of thinking the same ways and thinking that the same ideas are brilliant. Even Jobs understood this when he told Cook and company to never ask what he would do. They know what Apple's core values and ideals are. That's enough. After that the answer should never be 'how would Steve handle this'. They are smart and well trained and they were picked because they can make a good decision, a right decision. So Steve gave them permission to make it.

Maybe if Microsoft got an infusion of some fresh talent they might not seem like they are still in the 80s. and by that I mean the 1880s

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The bulk of people who own one use it for such. It is a tool for some, but they are not the majority.

so how long did it take you to talk to every single iPad owner in the world to come up with that fact.

yeah, thought so. Did you borrow the hat you are talking out of from Brian White, Gene Munster or Shaw Wu.

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Nice to see a Mechanical Engineering taking the seat. Steve would want that type of leader in the position.

Not only is it not Steve's Apple anymore, he's dead. So what he would want doesn't matter in the slightest.

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Yeah, Steve Jobs cared not about money. That's why Apple has by far the highest margins in the industry.....:rolleyes:

give me a break.

Apple's high margins had nothing to do with Steve's feelings about money. That was about the shareholders' feelings.
 
For those that aren't aware, Bob Mansfield personally hugs every iMac and Mac Pro that rolls off the production line.

This is clearly the end of an era.

Ohh that's why he's leaving then, that job was eliminated.
 
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