Apple lost Steve Jobs. It’s going to become just another computer company in five years. Nobody can replace Jobs and his advice is already being ignored by the CEO.
Steve Jobs died four years ago and CEO Tim Cook was running Apple for two years before that. AAPL stock was selling at around a split adjust price of $60 before Steve Jobs' death, it has risen to over $130, and Apple became the largest company in the world by Market Cap under Tim Cook.
Apple turned in the most profitable quarter in the history of Capitalism during the last quarter of 2014, and Tim Cook expects to report that the last quarter of 2015 beats that. Every quarter of 2015 beat every record quarter of 2015 so far, so he has a pretty good chance of doing so. . . and you think the problem is with Tim Cook's management?
Exactly how is Tim Cook supposed to get advice from Steve Jobs? An OUIJA board?
On the money.
Only the slowest observers haven’t figured this out yet.
1. Chinese economy going into a recession that the government may not be able to spend it’s way out of.
2. Demand for commodities is in the tank.
3. US economy is on the knife edge of dropping into recession. Jobs always peak at the end of the cycle.
4. Apple will have to seriously innovate to grow product sales - especially iphones. 6s just wasn’t a step up that people wanted to pay for.
Just another computer company? What does that mean? Apple dropped the "Computer" off their name years ago.
Ford lost Henry Ford (years ago in 1947), they're just another auto manufacturer company. Now that would be an appropriate statement. Ford (the company) is still around, although still concentrating on building cars.
Apple diversified. Outside of computers. Now pundits predict their downfall because of phone sales? It's not going to become just another phone maker, is that what you meant?
May be yes may be no. Jobs did some things very well. Others did some things even better.
The long term will decide. Right now I put my money on Apple to do quite well. Microsoft not so much