4 ms·
Not a troll... a good question. The answer is I am all of those. The high value of AAPL is not a common good (although it's obviously good for me), but I was
by breckinloggins 15y ago
Not a troll... a good question. The answer is I am all of those. The high value of AAPL is not a common good (although it's obviously good for me), but I was referring more to the constant fear in the markets of the eminent instability of the stock. There are many who believe that Apple IS Steve Jobs. I disagree, but it will be nice to see them come out of his shadow. And Apple will be a much easier stock to judge from an investment standpoint when that happens.
- mtgentry 15y agoHmm can you expand on why you think Apple isn't Steve? There are surely many great people at Apple. But Steve maintained an unwavering, fanatical commitment to product. That's the secret sauce. With him gone how will that continue? With a company that size, surely politics and other bullshit will eventually creep in and win out in arguments over product.
- dasil003 15y agoA plausible explanation is because Steve created an enduring culture at Apple, one which strongly set Apple apart. Not only does this permeate from the upper management down to the rank and file, but Apple also has the benefit of seeing how well it did without that culture.