News / USA

Pondering Apple's Future Without Steve Jobs

When Steve Jobs died Wednesday, the business world lost a marketing genius - one of the world's most creative and successful innovators.  Jobs, who is credited with rescuing the company he founded and turning it into one of the world's most valuable corporations, is considered one of this generation's great trailblazers. As the world mourns Job's death, though, some are wondering what will happen to Apple now that its iconic leader is gone.

For a college dropout, Jobs did quite well. A billionaire many times over, Jobs was the ultimate salesman, a man who seemed to know what consumers wanted even before they did.

"Everything will be portable, people want large color screens that they can put photographs on, people want motion videos," said Jobs.

Return to form

By creating well designed products that people wanted to use, Jobs returned to a company that was nearly bankrupt in the early 90's and transformed it into one of the world's biggest corporations.

But can Apple continue its winning ways without its spiritual leader?  

Sanford Bernstein technology analyst Mark Newman said, "Well I am not going to say it is the end of Apple's innovation. I do believe they will continue, they have many, many great people there. But I am concerned long-term about the innovation waning, as I said before.

Newman says Apple's dominance in consumer electronics faces serious challenges from its competitors, some who are involved in a number of high-profile legal battles with Apple.

"And I do think they are coming under increasing attack by companies, especially Samsung, especially at the low-end, as well as the high-end. And I think without Steve Jobs, this is actually going to become significantly worse for them to fend off," said Newman.

Challenges, confidence

But some analysts say Job's decision to step down as CEO in August and his nomination of Tim Cook as his successor means Apple's fate is no longer as closely tied to its charismatic leader.

Hong Kong market analyst Francis Lun said Apple shares have held steady, reflecting investor confidence in Apple's future.

"As far as the stock market is concerned, I think you will find people who will short Apple shares, but other than that I really do not think there is really that much effect on the stock market or the business world," said Lun.

Even so, many consider Jobs the heart and soul of the company. Apple co-founder Steve Wozniak mourns the loss of so much creative potential.

"There was so much more that was yet to come, even though he was so accomplished, and that is what we worry about now. Why? Because every product from Apple spoke like it was Steve Jobs. He was represented by this stuff, and I am not going to put out just some great stuff, it has got to be insanely great. That is how he wanted to appear to the world," said Wozniak.

"Insanely great" was one of Job's favorite catch phrases. The question now is whether that legacy of revolutionary products and ideas will continue without Steve Jobs at the helm.

You May Like

Video Experts Warn World Losing Ebola Fight

Doctors Without Borders says world is losing battle against Ebola, unless wealthy nations dispatch specialized biological disaster response teams More

Video Experts: Rise of Islamic State Significant Development in Jihadism

Many analysts contend the group - which grew out of al-Qaida in Iraq - has been rebuilding for years More

US-Based Hong Kongers Pledge Support for Pro-Democracy Activists

Democracy advocates call on Chinese living abroad to join them in opposing new election rules for their home territory More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Larger Than Life Chinese Lanterns Make Southern California Appearancei
X
Elizabeth Lee
September 02, 2014 8:57 PM
Chinese lanterns with a long history are lighting up in 21st century style at the Los Angeles County Fair in southern California. Visitors can see traditional lanterns that hang, but also lanterns in the shape of animals, iconic landmarks and many other objects, all created by artisans from a place in China known for its lanterns. Elizabeth Lee has the details from the fair in the city of Pomona.
Video

Video Larger Than Life Chinese Lanterns Make Southern California Appearance

Chinese lanterns with a long history are lighting up in 21st century style at the Los Angeles County Fair in southern California. Visitors can see traditional lanterns that hang, but also lanterns in the shape of animals, iconic landmarks and many other objects, all created by artisans from a place in China known for its lanterns. Elizabeth Lee has the details from the fair in the city of Pomona.
Video

Video Experts See Rise of ISIS as Significant Development

The Islamic State’s rise seems sudden. It caught the U.S. by surprise this summer when it captured large portions of northern Iraq and spread its wings in neighboring Syria. But many analysts contend that the group - which grew out of al-Qaida in Iraq - has been rebuilding for years. VOA's Jela de Franceschi takes a closer look at the rise of ISIS and its implications for the Middle East and beyond.
Video

Video Israel Concerned Over Syrian Rebels in Golan

Israeli officials are following with concern the recent fighting between Syrian rebels and government forces near the contested Golan Heights. Forty-four U.N. peacekeepers from Fiji have been seized by Syrian Islamist rebels and the clashes occasionally have spilled into Israel. VOA’s Scott Bobb reports from Jerusalem.
Video

Video Ukraine Schools Resume Classes, Donate to Government Forces

A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video US Detainees Want Negotiators for Freedom in North Korea

The three U.S. detainees held in North Korea were permitted to speak with foreign media Monday. The government of Kim Jong Un restricted the topics of the questions, and the interviews in Pyongyang were limited to five minutes. Each of the men asked Washington to send a representative to Pyongyang to secure his release. VOA’s Carolyn Presutti has our story.
Video

Video Turkmen From Amerli Describe Survival of IS Siege

Over the past few weeks, hundreds of Shi'ite Turkmen have fled the town of Amerli seeking refuge in the northern city of Kirkuk. Despite recent military gains after U.S. airstrikes that were coordinated with Iraqi and Kurdish forces, the situation remains dire for Amerli’s residents. Sebastian Meyer went to Kirkuk for VOA to speak to those who managed to escape.
Video

Video West Africa Ebola Vaccine Trials Possible by Early 2015

A U.S. health agency is speeding up clinical trials of a possible vaccine against the deadly Ebola virus that so far has killed more than 1,500 people in West Africa. If successful, the next step would be a larger trial in countries where the outbreak is occurring. VOA's Carol Pearson has more.
Video

Video Survivors Commemorate 70th Anniversary of Nazi Liquidation of Jewish Ghetto

When the German Nazi army occupied the Polish city of Lodz in 1939, it marked the beginning of a long nightmare for the Jewish community that once made up one third of the population. Roughly 200,000 people were forced into the Lodz Ghetto. Less than 7,000 survived. As VOA’s Kane Farabaugh reports, some survivors gathered at the Union League Club in Chicago on the 70th anniversary of the liquidation of the Lodz Ghetto to remember those who suffered at the hands of the Nazi regime.

AppleAndroid