I agree with your statement, re: Jobs, but disagree with your overall evaluation: the advice Jobs gave to Parker seems sound. It's important to note you are co

I agree with your statement, re: Jobs, but disagree with your overall evaluation: the advice Jobs gave to Parker seems sound. It's important to note you are comparing a company that is 10 years older than Apple yet has a market cap an order of magnitude lower. Your anecdote is not incorrect, but it's not useful either since it doesn't show that Nike's original strategy was more useful. In fact, Nike's market cap has grown significantly (and significantly faster than it was growing before) since taking Jobs' advice, which is not to imply causation, but to refute the opposite. Nike may not have gotten rid of the shoddy cycling products (although we are talking post-2011, when did you sell Nike stuff?) but they did take Jobs' advice (at least according to Parker - I don't have the data on number of products).