I’m basing my opinion on a report that suggests Ternus will be similar to Steve. Consolidation was one of Job’s initial moves. Additionally, we didn’t anticipate the iPod to go away either, but the iPhone effectively eliminated the iPod line, much like I believe the fold and touchscreen MacBook will do to the iPad line. I still believe there’s a market for iPads, but I think there won’t be as many options.
When Steve Jobs returned to Apple in 1997, he drastically saved the company from bankruptcy by ruthlessly slashing its product line by 70%—reducing dozens of projects down to a simple, focused "4-product grid" (one laptop and one desktop for both professionals and consumers).
Key actions that turned Apple around included:
- Cutting Inventory: Jobs cut inventory by over 80% to cut costs and simplify manufacturing.