Quote from dandxg:
I wish the Jobs the best. That said, without him good luck. They are done. Maybe the Verizon agreement was timed for distraction.
Quote from retaildaytrader:
Here is the key sentence to the Steve Jobs memo "I love Apple so much and hope to be back as soon as I can".
- Usually people express their love when they say goodbye for the last time or believe that this is the last time. Steve has never said he "loved" the company in the past.
- He "hope"s to be back soon. He did not say he "will" be back, only that he "hope"s. Traders know that the word hope is a bad word and a flawed philosophy. You don't hope for anything.
I can only conclude that this is the end for Steve Jobs. Im sorry to see him go, but as an investor and trader it is my duty to protect my capital. I can see no other path for investors or traders but to sell all Apple stock they can. I would not be a hero and try to ride it down in sympathy for Jobs. Instead, I would do what I have to do. If I have to short the stock to protect my capital, then thats what I will do.
Quote from Larson:
Controversial yes, but his track record is flawless.
Quote from retaildaytrader:
NEXT was actually a great computer system and I have a lot of experience with that. However, it was a fad just like the IPAD and IPHONE are fads. People eventually move on.
Steve Jobs might be a great man, but there are no gods among us who live forever. Statistics do not lie about these things. More then likely Jobs will be dead in 1-2 years. Jobs is Apple, but Tim Cook is not Apple. Apple is valued taking into consideration that Jobs will be at the helm, but not that Jobs future at Apple is questionable then it clearly isnt worth the price its at right now.
Quote from AK100:
Ninna is right, Jobs IS holding Apple back these days. Sure he got the massive snowball rolling but if he (sadly) dies the company will show its true potential.
Remember everyone, the way to make money in the markets is to think away from the crowd. The crowd think Apple is Jobs but this is now the year 2011. not 2000/2004......