Bets on how far Apple stock tanks tomorrow?
( I think they will do fine, but this will cause panic short term with the stock. Tomorow might be one of the best days to buy, shrug.)
It already tanking $20 aftermarket.
Bets on how far Apple stock tanks tomorrow?
( I think they will do fine, but this will cause panic short term with the stock. Tomorow might be one of the best days to buy, shrug.)
I just hope he gave Tim Cook the keys to the RDF.
He did state his wish to continue to chair the board. So we may still continue to see some of his influence on the company and its products.
I think that for reasons of his health, he has realized that he can no longer put all of his energy into micromanaging things, but due to his personality, he cannot stop himself from doing so. Therefore, the only solution is to distance himself from the temptation.
It is not the role of the Chairman of the Board to micromanage. He can still guide Apple, but the day-to-day decisions will now be left to Cook. In the long run, probably not a bad thing, because Jobs has been unable to carry out his duties for some time, and Apple does not need to have a mere figurehead for a CEO. With Jobs' role in limbo, the company was at risk of drifting aimlessly while awaiting further announcements regarding his health.