@Doug0915
Doug, much as I admire Jobs for building way better mousetraps and selling them by the ton (and improving the quality of my life, to boot) I believe he has been a drag on Apple in recent months. Investors were fearful that he would die in his jobs and that a fight for control would ensue.
By stepping aside and naming Tim Cook, Jobs has quelled those fears, and Apple is free to move to its natural, historic PE. The shares are the cheapest they've been since $79 a share.
Tim Cook has been right many times where Steve has been wrong recently. Cook prevailed in almost every case where the two disagreed and was proved correct by the exceptional growth achieved by Apple.
Cook will give Jobs the credit, but it is widely known that Jobs would have kept the iPhone much more closed and limited than it is now, had Cook not prevailed.
And App store policies would have been far more restrictive without Cook's sound judment.
Discussion on:
Message 3 of 1
The best of ZDNet, delivered
ZDNet Newsletters
Get the best of ZDNet delivered straight to your inbox



