Tuesday, January 18, 2011
Well Played Mr. Jobs
I hate to hear about anyone having to take medical leave, because it usually means they are dealing with something quite significant. What a wonderful move that Steve Jobs, CEO of Apple, did. When he announced the need to take a second medical leave in the last 3 years, it was bound to affect the stock price of Apple. This was the man that started the company and kept it going through 5 different decades.
When I look at a company, I look for management that is in it for the good of the company and shareholders. Steve Jobs announced his medical leave the day before Apple announced incredible earnings for the 4th quarter of 2010.
This will allow Apple to springboard off of this financial news and continue life without Steve Jobs as a daily presence.
This is a company move that makes me confident in having ownership in Apple.