| User | Post |
|
6:07 pm
August 24, 2011
|
LaTisha @YoungFinances
| | |
| Admin
| posts 1715 | 
|
|
|
I just heard the news and as a fan of Apple, I had to write a post. Please check it out and weigh in. Do you think Apple will survive without him?
http://www.fsyaonline.com/stev…..k-price/
|
|
|
|
|
6:44 pm
August 24, 2011
|
MoneyIsTheRoot
| | |
| Member
| posts 1456 |
|
|
|
oh wow i didnt know that until just now! usually im more up-to-date. Yes I do think they will be just fine…Jobs made sure they had a very solid succession plan in place.
|
|
|
|
|
7:06 pm
August 24, 2011
|
Money Reasons
| | |
| Admin
| posts 697 |
|
|
|
Financial Success for Young Adults said:
I just heard the news and as a fan of Apple, I had to write a post. Please check it out and weigh in. Do you think Apple will survive without him?
http://www.fsyaonline.com/stev…..k-price/
I think their stock price will take a big hit initially… As for the success of the company afterwards, who knows… I've seen quite a few companies where the CEO left and it was a game changer for the company. Dell (but it's doing good know that Michael Dell is back), Bank of America, etc… Heck even Microsoft isn't doing as well without Bill Gates running the show…
|
|
|
|
|
7:53 pm
August 24, 2011
|
Jon | Free Money Wisdom
| | |
| Member | posts 332 |
|
|
|
|
11:10 pm
August 24, 2011
|
retireby40
| | USA | |
| Member
| posts 1381 |
|
|
|
Apple didn't do so well the last time he left. I would sell too if I have any AAPL. 
|
|
|
|
|
5:08 am
August 25, 2011
|
Henry @ TotallyMoney
| | London | |
| Member | posts 95 | |
|
|
5-7% reduction in share price of Apple represents a loss of approximately $15-18 billion in market cap. Ouch
I would have thought it would bounce back a bit though
|
|
|
|
|
5:36 am
August 25, 2011
|
Tushar @ Everything Finance
| | Atlanta, GA, United States | |
| Member | posts 386 |
|
|
|
If I had some extra money to invest, I would buy $AAPL.
We are forgetting that Steve was on medical leave since the last several months anyway.
Also, he has already been elected as a chairman of the Apple Board. So if things start going really wrong, he can always intervene and come back as CEO (if his health permits, of course), just like Michael Dell.
I also think, Steve must have made sure that they have products/services lined up for many years to come.
|
Tushar @ Everything Finance
Everything Finance
Email: tusharm at gmail dot com
Twitter: @AllFinance
|
|
|
6:11 am
August 25, 2011
|
LaTisha @YoungFinances
| | |
| Admin
| posts 1715 |
|
|
|
Yeah that is the news that is coming out, that he already has years planned in advanced for products, etc.
@Justin, I didn't know either until my sister told me right before I was about to go to bed. I stayed up writing a post after being in such shock!
@retireby40 and @Jon the markets open in just a few minutes and I am expecting a sell off as well.
It's just so crazy even though they say it was planned.
|
|
|
|
|
6:17 am
August 25, 2011
|
Glen Craig
| | |
| Member
| posts 1087 | |
|
|
sell sell sell!
Buy, Buy, Buy!!!
|
|
|
|
|
9:19 am
August 25, 2011
|
The Penny Hoarder
| | |
| Member | posts 137 |
|
|
|
My thinking is that Apple will be fine, but it still seem like we lost a giant last night.
I have to give a full disclaimer though- we are a little Apple crazy in this house. The fam even named our betta fish, "Stevie"….sigh.
 
|
|
|
|
|
10:12 am
August 25, 2011
|
Tushar @ Everything Finance
| | Atlanta, GA, United States | |
| Member | posts 386 |
|
|
|
Stevie is pretty cool
The Penny Hoarder said:
My thinking is that Apple will be fine, but it still seem like we lost a giant last night.
I have to give a full disclaimer though- we are a little Apple crazy in this house. The fam even named our betta fish, "Stevie"….sigh.
|
Tushar @ Everything Finance
Everything Finance
Email: tusharm at gmail dot com
Twitter: @AllFinance
|
|
|
10:16 am
August 25, 2011
|
Buck Inspire
| | |
| Member
| posts 1546 |
|
|
|
Hey Penny Hoarder,
Pretty cool fish tank. Go Stevie!
|
|
|
|
|
10:18 am
August 25, 2011
|
Forest Parks
| | Cairo, Egypt | |
| Admin
| posts 1337 |
|
|
|
He is a cool fish isn't he :)
|
|
|
|
|
10:27 am
August 25, 2011
|
MoneyIsTheRoot
| | |
| Member
| posts 1456 |
|
|
|
Glen Craig – Free From Broke said:
sell sell sell!
Buy, Buy, Buy!!!
Im with Glen… take advantage of any dips and buy! You will be rewarded… isnt buffets advice to sell when other buy, and buy when others sell…
|
|
|
|
|
7:18 pm
August 25, 2011
|
Glen Craig
| | |
| Member
| posts 1087 | |
|
|
If we never knew of Jobs' health problems and he suddenly stepped down then maybe a little panic. But you can't tell me he's been a full-time CEO the past couple of years anyway. Heck, it's probably just a title change, Cook's probably been running the show anyway.
Add to that there is supposed to be a major MacPro update (can't wait) and Sprint will be getting the iPhone as well as there being an iPhone update (including possibly a cheaper version) and I think their revenue has plenty of room to grow.
|
|
|
|
|
8:01 pm
August 25, 2011
|
JT_McGee
| | |
| Member | posts 723 |
|
|
|
Glen Craig – Free From Broke said:
If we never knew of Jobs' health problems and he suddenly stepped down then maybe a little panic. But you can't tell me he's been a full-time CEO the past couple of years anyway. Heck, it's probably just a title change, Cook's probably been running the show anyway.
Add to that there is supposed to be a major MacPro update (can't wait) and Sprint will be getting the iPhone as well as there being an iPhone update (including possibly a cheaper version) and I think their revenue has plenty of room to grow.
Nix the growth, take the cash off the market cap and there's so much value there. Throw the growth in and AAPL is probably one of the most reasonably priced stocks on Wall St.
|
|
|
|
|
10:26 pm
August 25, 2011
|
Squirrelers
| | |
| Member | posts 986 |
|
|
|
I heard that Apple's product launches are pretty much set for the next few years. My thoughts would involve some concern about innovation going forward, as Jobs has hit some home runs through his time at Apple. He also, from what I understand, made a ton of money on Pixar. He's clearly one of the iconic businesspersons of the last 50 years.
That said, while Apple suffered when Jobs left the company for the first time, he hasn't always hit home runs. Didn't he launch a few products that didn't take off (the "Lisa", or something like that?). He also had another startup that didn't do so well from what I understand. Anyway, I'm thinking that his departure may not be a good thing, but hasn't Walt Disney succeeded for decades after he departed? Same with McDonalds and Ray Kroc.
|
|
|
|
|
6:23 am
August 26, 2011
|
Frugal Confessions
| | Houston, TX | |
| Member
| posts 1622 |
|
|
|
I saw this on your website and thought it was a very interesting idea!
____________________________
The Penny Hoarder said:
My thinking is that Apple will be fine, but it still seem like we lost a giant last night.
I have to give a full disclaimer though- we are a little Apple crazy in this house. The fam even named our betta fish, "Stevie"….sigh.
|
|
|
|
|
1:40 pm
August 26, 2011
|
Buy Like Buffett
| | |
| Member
| posts 1682 |
|
|
|
That was a major shock. I never thought he would leave this soon.
|
|
|
|
Login
Search 
Home
Print this Topic 
Topic RSS 
