yeah, it's a public company. Jobs can go off the deep end and the board of directors can send him packing. It happened before, it can happen again.
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Steve Jobs lost $30M today as Apple stock fell, 1 day after Consumer Reports article
- Thread starter zub3qin
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yeah, it's a public company. Jobs can go off the deep end and the board of directors can send him packing. It happened before, it can happen again.
At first I thought you were being sarcastic, but actually yeah you're right. Maybe wait another day or two for it to get a bit cheaper.
I mean I understand it cannot realistically happen, but him leaving would almost be the same thing, wouldn't it? We saw him leave before and where did the company go? Maybe he made the company rely on him so much that the board really can't do much about him at this point.
Apple doesn't need Jobs anymore. He's long overdue to be removed.
At this point he's a liability more than anything else.
Well that's a bad thing then. Based on your statement, if one of old Stevo's "magical" products is not a clone of himself, Apple's future looks dim as Stevo can't live forever.
I doubt it. A certain percentage would follow Jobs to the gates of Hell, just like last time he got the heave-ho, but it would be an inconsequential number of people, I'm sure. I also doubt the company would be as blatantly stupid as they were last time when John Sculley took Jobs' position. He didn't care about quality, he didn't care about looks, he didn't care about image, it was all about money, money money. He grossly overreached and the company paid a heavy price for it. Jobs might be fine doing whatever it is he does but it's pretty obvious to me that he shouldn't be communicating with anyone outside of Apple any longer.
Banker is the 3rd sleeziest profession behind crack whore and lawyer in that order.
This is true! At least I can get the Wonka scenario out of my head! All hope might not be lost if he got the boot. Although I think that would shake Apple to the core (pun intended?) and would be a very difficult first few months for them at first
I don't even know if that's true. Apple has a ton of cash, it can afford top talent. Listen to what people talk about in an Apple store sometime, too. No one talks about Jobs. As long as the products are "cool", people will buy them just as they do now, and Jobs doesn't have any kind of monopoly on "cool". For anyone in an Apple store cares, you or I could be CEO of Apple.
I don't see this mess costing Jobs his position. There is something to be said for "It's just a phone" and it's not like Apple stock has plummeted yet, but I can easily imagine that people won't be receiving replies from Jobs any more. I maintain that had Jobs replied like someone that gives a damn, these problems wouldn't have exploded like they did.
The sickening thing about this is he could only have $30 million for the rest of his life and be more than comfortable. The rest he could spend improving inner cities, keeping heat on at poor peoples house. Maybe even help out some third world countries. F the super rich, they could lose all their money and I wouldn't shed a tear.
ahh logic.
As someone pointed out, this money isn't lost unless it's sold. In fact, tomorrow morning would be a good time to buy, and if he does, he will be "up" even more.
Blonde Buddhist
Since you do, please tell us.
Interesting.
Something tells me that you might have some issues. Just saying.
Stocks generally follow the rest of the market unless there's a reason. The Dow and S&P have both gone up the past two days with both indicies going up about 1.5% today. AAPL has gone down both days with a decent down day today. This kind of divergence usually isn't a good sign and the Consumer Reports article is the easiest culprit to point the finger at.
I'm going to make a wild guess that AAPL will be trading at or below $225 by the end of next week.
I'm going to make a wild guess that AAPL will be trading at or below $225 by the end of next week.
I think you have your answer. Does anyone here actually invest in AAPL? Just curious...
Yes we do
"There is no such thing as bad publicity"
sure it's a shame about the ip4 issues but which other phone is getting this much media coverage?
we know many people that despite the issues have bought the ip4
Wow what a statement! pity you are so wrong, Apple would not be the company they are today if it was not for this man, and if you really hate him and Apple that much why are you here in MR?
This.
Have you guys heard of a diversified portfolio?
Steve Jobs has more than AAPL stock. He probably has an elite team of high profile, expensive investment consultants that constantly tweak his portfolio.
I'm sure it's just billions.
Never know until they report their earnings I guess, which this should be one of their most profitable quarters...maybe.
@aggie -- Probably.
Not if there's a huge charge in response to a recall...
Let's not get the cart before the horse.
It's way to early to determine regarding Apple at this point in time.