Apple Directors Informally Exploring CEO Succession Possibilities

Discussion in ' News Discussion' started by MacRumors, Jul 19, 2011.

  1. BruiserB macrumors 68000

    Aug 9, 2008
    Maybe the WSJ has been listening to board members' voicemails? :eek:
  2. Mr Fusion macrumors 6502a

    Mr Fusion

    May 7, 2007
    YES! :D

    But not for another 10 years or so. Steve needs to complete the transformation from Senator Palpatine to Darth Sidious. ;)

  3. BC2009 macrumors 68000


    Jul 1, 2009
    Anybody get the feeling that the WSJ is running this article today just before Apple posts record quarterly profits to try to keep Apple's stock price from going up? I for one think that Apple stock is undervalued, but I don't have the spare cash to be picking up a bunch of it. I get the feeling that if the value stays artificially low compared to price to earnings ratio (especially when factoring in the cash-on-hand) that Apple may one day be taking the company private.

    The stock price is a poor reflection of Apple's success.
  4. Jovian9 macrumors 68000


    Feb 19, 2003
    Planet Zebes
    I vote for this guy!
  5. rhinosrcool macrumors 68000


    Sep 5, 2009
    HaHa! I'm a believer that he will be running the company for several more years.
  6. wikus macrumors 68000


    Jun 1, 2011
    Planet earth.
    I won't be saddened by the departure of Big Brother.... you know, the dude in the 1984 Apple Macintosh Commercial...

    ....wait, I mean Steve Jobs.
  7. macnchiefs macrumors regular

    Mar 22, 2009
    How would that story keep the stock from going up? It's GOOD NEWS that the board is working on some kind of succession plan...
  8. carmenodie macrumors 6502a

    Apr 25, 2008
    One wrong move and Apple is dead! In the end it better be Cook to helm the big position. Bringing some outside mofo would kill Apple, IMHO. Stupid a-- board. They are going to shoot themselves in the foot. And as much as all these sorry a** tech company's talk trash about Apple, they could never give us the fit and finish of Apple's swag. NEVER.

    Look at the dumb Atrix by Moto. You hook the phone up to the laptop part and one would think you could raise hell on it like a regular laptop. NO!Try going to your favorite site like Quakelive. PAH LEASE!You don't gain capabilities, just a larger screen and better battery life because the laptop part has a large battery in it.
    Moreover,look at Sony and their psp. It came out in 2005 and that SOB still doesn't have a credible browser. WTF! And Sony only doubled the amount of ram to 32 megs. LOL! Pathetic!!!!!!!!!!!!
  9. Erwin-Br macrumors 6502a


    Feb 6, 2008
    The Netherlands
    It wouldn't surprise me if Jobs steps down next year as CEO and hand the stick over to Cook. I think Jobs would then fulfill an advisory role for a couple of years, like Bill Gates did at MS. Jobs would then be able to continue to drive innovation, and let Cook do the heavy lifting, like he's currently already doing as acting CEO.
  10. Neodym macrumors 68000


    Jul 5, 2002
    I'm not sure having a "manager" as CEO would be a good decision. Apple needs to continue to innovate and this includes taking seemingly hazardous decisions against probabilities and calculations of potential rentability.

    Managers tend to avoid risky decisions - Apple's success accounts for a fair part on Steve Jobs believing his own visions and opinions. A "normal" manager can do some housekeeping and evolve the existing product lines to some point, but when it comes to the "next big thing" necessary to stay at the front of the pack he will probably chicken out rather than try anything even remotely risky...
  11. chrmjenkins macrumors 603


    Oct 29, 2007
    Cook is not simply a personnel manager. He's managing supplier and carrier relationships and many other things. He's doing Steve's job now and doing it well. People have to remember Apple is a culture, not a man.
  12. AppleScruff1 macrumors G3


    Feb 10, 2011
  13. Rodimus Prime macrumors G4

    Rodimus Prime

    Oct 9, 2006
    Honestly I think Cook is doing a better job that Jobs. He is going back trying to repair the bridges Jobs burned. He understand short term gains can lead to long term damage because the bridges were burned.

    CEO job is to be a manager. an innovater can not manage and would drive the company into the ground because they suck at managing people and putting people with the right skills in the right job.

    A good manager knows which people are good in which spot. CEO is a manager.
  14. Glideslope macrumors 603


    Dec 7, 2007
    A quiet place in NY.
    LOL. "Might as well jump". I say bring back the WOZ!! :apple:
  15. BC2009 macrumors 68000


    Jul 1, 2009
    It's bad news if they think that Jobs is not coming back.
  16. AppleFan1984 macrumors 6502

    May 6, 2010
    Steve Jobs is Apple and Apple is Steve Jobs. We can wish it otherwise, but wishing won't make it so.

    Time will tell if the post-Steve Apple can thrive. But only those who underestimate Jobs believe the transition will be simple.
  17. AidenShaw macrumors P6


    Feb 8, 2003
    The Peninsula
    The "post-Jobs" era will most likely arrive before the "post-PC" era.

    The board is wise to be considering the process and options now.
  18. Sackvillenb macrumors 6502a


    Mar 1, 2011
    Canada! \m/
    While i do believe apple will continue to thrive for some time... Eventually, inevitably, someone will have to replace mr. jobs... And that will be a very interesting time for apple, indeed. It will make or break the company...
  19. writingdevil macrumors 6502

    Feb 11, 2010
    the board has been discussing succession plans for 12 years. hardly a secret, though jobs is not there during those discussions. his "hogwash" response represents his healthy skepticism toward skeptics of apple's success.
  20. kdarling macrumors P6


    Jun 9, 2007
    First university coding class = 47 years ago

    I've always said that the key to replacing Jobs is to find someone who is very opinionated, but isn't a manager, programmer or designer ... and thus not only doesn't know what's impossible, but also thinks like a normal self-centered consumer ... then surround him/her with geniuses.

    Most importantly, give that chosen person ABSOLUTE POWER over the end product's look and feel decisions.

    It's when things are designed by a committee that they don't work out as well.
  21. Rodimus Prime macrumors G4

    Rodimus Prime

    Oct 9, 2006
    But that logic is why iPhone did not launch with MMS, copy paste, multitasking and notifications.

    Some ways Apple has out grown Jobs. It is way to big to be steered alone. Jobs was good at finding the right people for the job but by the same token he needs to learned when to step back and let those people do their job.
    CEO job is to direct the ship. It is not their job to be driving it, being the engineering, cook ect. It is to direct the ship and let more skill people do everything else.
  22. cvaldes macrumors 68040

    Dec 14, 2006
    somewhere else
    Uh, Steve Jobs' salary from Apple is $1 per year. He doesn't need any money.

    He makes $30+ million in Disney dividends doing nothing. He even had Disney alter their director compensation rules so he wouldn't get paid as a non-executive Disney director.
  23. vvswarup macrumors 6502a

    Jul 21, 2010
    What bridges did Steve Jobs burn?

    A CEO's job is to be a visionary, first and foremost. Jobs fits that bill perfectly.

    A CEO's job is not to be a manager. A CEO's job is to be a leader, more of a visionary.
  24. firewood macrumors 604

    Jul 29, 2003
    Silicon Valley
    But it has to be a person with really good taste... and a seemingly extremely low tolerance for lack of excellence...
  25. chadley_chad macrumors 6502


    Apr 19, 2004
    Nottingham, UK

    Only Jonathan Ives has similar gravitas to be able to keep things going after Jobs. He's young, he's British and he's been behind the design of most Apple products of late; as opposed to Job's just saying 'yes, no, make it thinner'.

    Cook is about as dynamic as Howie Mandel ... it needs a Simon Cowell type figure to keep on running the show!

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