I'm sad to see Steve retire. I'm also happy to see Steve retire. I hope he can take time to enjoy more of his life. Thank you Steve, for your role in producing lots of cool toys for me to enjoy. There have been a few decisions I disagreed with, like not building a decent upgradeable consumer desktop (which I continue to pine for), but I agreed whole heartedly with many of your decisions that others berated relentlessly, like flash and blu-ray.
I see no logical reason to assume SJ's retirement from CEO would have any negative affect on Apple in the real world. The company is in a position of extreme strength in the market. It appears that SJ has basically been off on leave for months and Apple has continued to grow stronger. Those of us who use their products understand why that is so and why it will continue for the foreseeable future. I suspect SJ has watched as well and is confident Apple is ready to move on. And no, it's not lost on me that he will still be Chairman of the Board, which should give him the opportunity to offer much of the critical guidance that everyone seems to think Apple will be lost without.
But the stock market is driven by rumors and fear - not solid products or reality, and Apple stock is going to take a real beating. Then it will return and some people are going to make a lot of money off of that fear.
I see no logical reason to assume SJ's retirement from CEO would have any negative affect on Apple in the real world. The company is in a position of extreme strength in the market. It appears that SJ has basically been off on leave for months and Apple has continued to grow stronger. Those of us who use their products understand why that is so and why it will continue for the foreseeable future. I suspect SJ has watched as well and is confident Apple is ready to move on. And no, it's not lost on me that he will still be Chairman of the Board, which should give him the opportunity to offer much of the critical guidance that everyone seems to think Apple will be lost without.
But the stock market is driven by rumors and fear - not solid products or reality, and Apple stock is going to take a real beating. Then it will return and some people are going to make a lot of money off of that fear.