Tuesday, January 18, 2011
How Will Apple Do Without Steve Jobs
In an article by USA Today it stated that CEO Steve Jobs will be taking a medical leave from the Apple company. The article focuses on stock but what it really is focusing on is how this will affect the company financially as a whole. The article explains how Jobs was able to help apple when they were struggling to stay alive to one of the most successful electronic companies in America. The question becomes without Steve jobs will Apple still be able to make products that are superior in quality of all other competition. If so the company will be fine and its stock value will stay steady. But if Apple is not able to produce this quality product (which many predict they can't) we will see the Apple stock decrease long term. And this loss of money will be reflected with and upward rise in competing companies.
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6 comments:
Although Jobs is taking a medical leave, I doubt he will be completely away from the company. He would likely become highly available if the company looked like it was struggling without him. Also, Apple has many technologically adept employees, as it should as it is such a far reaching company. So without such a heavy influence from Jobs, the company may see changes in some ways, but I don't see the company doing anything that would hurt their sales.
I found a similar article pertaining to Steve Jobs absence at Apple and how it may affect their future. With regards to competition, I think Apple definitely should be worried about losing their top executive. If innovation doesn't continue at Apple there wont be anything to distinguish them from their competitors. With that said, I think Apple is still going to be a dominant driving force with regards to new technology.
Without Jobs present in the Apple market every day, Apple will do just fine. It's not like Jobs himself is designing and producing the products that Apple roles out. He has a lot to do with what products will be chosen to produce. But Job's presence isn't needed to produce quality products.
Like Easton, Elizabeth, and Payne said that Steve Jobs will not be totally out of the picture during his medical leave. I'm sure he will not be completely incapable of working just a little every day. He does have a lot of responsibility, but some other top workers at Apple could take some of that while he is away. I don't think it will be that big of an impact on Apple's sales, maybe some consumers won't he know that he is not working at that moment they are buying a product. Even after he is gone, there are smart people who work for Apple that will still make products that will surpass other competition.
I agree with Payne, Steve Jobs is not the man building or even designing the projects Apple works on. He is in effect the face or figure head of the company. Yes he might introduce the ideas to the public and yes he makes suggestions or approve things but no he is not the sole reason for the company's success. He is in a figure of speaking to Apple as the president is to the United States. Both are figure head, face of the company or nation people. They do not have sole proprietary control, and they do not always get their way. Sure they can help out or make suggestions or introduce things at the Consumer Electronics Show or in the State of the Union address. The company will do just fine without Jobs, the stock might temporarily drop but the company will just move on.
Steve Jobbs leaving the Apple industry is a huge deal. He is the reason why apple is such a successfull company. Yet just because he started doesn't mean he can't pass down his job to a brilliant individual. Jobbs is capable of teaching everything he knows to a young man who has the potential to be just as successfull as Steve Jobbs. The Apple Industry will remain as a thriving company and will not drop because someone else is going to take over.
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