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Steve Jobs Takes Leave of Absence From Apple
An anonymous reader writes with this excerpt from Network World: "A number of sites are reporting that Apple's CEO Steve Jobs is taking a leave of absence till June at least. Speculation over Jobs' possibly failing health has run rampant in the past few weeks. Prior to the recent MacWorld show, Jobs said he had a hormone deficiency that had caused him to dramatically lose weight. In a memo today Jobs told workers his health issues are more complex than he thought." Reader Bastian227 adds a link to this letter from Steve Jobs on Apple's website, which also says that Tim Cook will be responsible for daily operations, though Jobs will remain involved with major strategic decisions.
I am in the market and write trading systems, and could not have said it better myself.
The thing about Steve Jobs and these sorts of leaders is when to let go. Lou Gerstner brought back IBM from the dead. Then he let go. IBM is still alive and kicking.
Nokia's past CEO made Nokia what it was and then he let go. Nokia is still alive and kicking.
Microsoft is an example of how one half let's go and the other half does not. I am actually much more pessimistic with Microsoft than Apple.
In the past Apple lacked execution. They had great ideas, but poor execution. Now Apple has execution, and it is NOT STEVE JOBS that did the execution. Think about it, how well did Apple execute with Steve Jobs previously? Or how about Next? NOT AT ALL! What was different this time is that Steve Jobs built a team...
Ideas are a dime a dozen. The ability to execute on the idea is what makes the difference... And that Apple can do...
"You can't make a race horse of a pig"
"No," said Samuel, "but you can make very fast pig"