Is an MBA really the decisive factor here? Jobs dropped out of college entirely, yet built Apple into the most valuable company in the world.But Cook does have the advantage of holding an MBA from one of the best universities in the US. Education counts.
Jobs was a visionary product guy who famously clashed with Cook's sales-driven approach. As Jobs himself said: when sales and marketing people run companies, "the product people get run out of the decision-making forums. The companies forget how to make great products." Cook's excellence lies in supply chain management - he's arguably one of the best operations executives ever - but that's not the same as leading a company whose DNA is radical product innovation.
Here's the tragedy: Tim Cook is repeating the exact mistakes Jobs diagnosed when he returned to save Apple in 1997. Back then, Jobs blamed Apple for chasing fat profit margins instead of making great products and competing for market share. That pursuit of short-term profits over product excellence nearly killed the company - market share collapsed from 22% to 4%. Jobs fixed it by ruthlessly simplifying the product line and refocusing on making the best things, not the most profitable things.
Jobs wanted the iPhone to be as simple as possible. He wanted customers to walk into an Apple Store and buy "the iPhone" - not choose between a dozen variants with different features and capacities. When you bought one, you knew you owned the best.
His approach was ruthless focus: perfect the 80% of functionality that matters, make it simple and rock-solid, and scrap the rest. Look at the iPhone today - packed with features, increasingly bloated, and buggier than ever. Why? Because Tim and the marketing department need something new to announce every year, even when there's nothing meaningful to add. History rhymes.