http://www.huffingtonpost.com/2011/10/05/steve-jobs-dead_n_997223.html
Jobs' life taught us some things:
1) Just because you have the best product doesn't mean that you will have the best company.
Apple's computers and operating system were always lauded as far superior to the competition, but the company just never caught fire in the greater marketplace.
It was not until iPod and iPhone and iPad within just the past 7 or 8 years that Apple stock and profits soared.
Don't believe me? Run a chart -- even in the dot com boom Apple was hovering around $31 a share. By December of 2002 the stock was at $7.16, and even by September of 2003, the stock was at $10.36.
On "The Simpsons" Homer stated that the greatest musical festival ever was "The Us Festival run by that guy from Apple Computers" to which the nerd college students stated, "What is Apple Computers"?
Per Wikipedia:
On October 6, 1997, in a Gartner Symposium, when Michael Dell was asked what he would do if he owned then-troubled Apple Computer, he said "I'd shut it down and give the money back to the shareholders."
2) You CAN go home again. Jobs left, went to Pixar, and then he came back. The company absolutely exploded and Jobs is credited with being the genius behind its resurgence. The stock is currently pushing $400 a share.
3) Jobs was not above holding a grudge:
Again, per Wikipedia:
In 2006, Steve Jobs sent an email to all employees when Apple's market capitalization rose above Dell's. The email read:
Team, it turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.
Jobs' life taught us some things:
1) Just because you have the best product doesn't mean that you will have the best company.
Apple's computers and operating system were always lauded as far superior to the competition, but the company just never caught fire in the greater marketplace.
It was not until iPod and iPhone and iPad within just the past 7 or 8 years that Apple stock and profits soared.
Don't believe me? Run a chart -- even in the dot com boom Apple was hovering around $31 a share. By December of 2002 the stock was at $7.16, and even by September of 2003, the stock was at $10.36.
On "The Simpsons" Homer stated that the greatest musical festival ever was "The Us Festival run by that guy from Apple Computers" to which the nerd college students stated, "What is Apple Computers"?
Per Wikipedia:
On October 6, 1997, in a Gartner Symposium, when Michael Dell was asked what he would do if he owned then-troubled Apple Computer, he said "I'd shut it down and give the money back to the shareholders."
2) You CAN go home again. Jobs left, went to Pixar, and then he came back. The company absolutely exploded and Jobs is credited with being the genius behind its resurgence. The stock is currently pushing $400 a share.
3) Jobs was not above holding a grudge:
Again, per Wikipedia:
In 2006, Steve Jobs sent an email to all employees when Apple's market capitalization rose above Dell's. The email read:
Team, it turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.
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