• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Steve Jobs resigns as Apple CEO

Page 4 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
Status
Not open for further replies.
It should already be built into the stock price, this is no surprise. Also look out for a huge pr release about something crazy new. Apple always releases bad news and good news at the same time.
 
Josh said:
By valuable, I think they meant that Apple has $75 billion in cash on hand...pretty fucking valuable.
Click to expand...

I'm not sure holding that much cash is really a good thing for a company. If that cash is best served sitting on the sidelines instead of being reinvested for growth, you have to wonder what else is in store down the road. It says some things about their own expected growth that they don't feel like investing in themselves and would accept paltry returns on stale cash.

I'm sure the previous poster was speaking of value as foothold in the industry, in which case IBM or Intel have a much better value.
 
bfdd said:
They innovated marketing personal electronics to people. They didn't really innovate personal electronics. They weren't the first mp3 player, they weren't even the first harddrive based mp3 player. They weren't the first touch screen phone, they weren't the first tablet. They did innovate great ways to sell the product and establish their brand. Steve is possibly the greatest salesman of all time because he could sell products to people when people had no clue they wanted/needed it and yet there was almost always competition(except with the iPad).
Click to expand...

That's what I hinted at that they may not have been the first person to make the technology, but they obviously did it in the best way - at least for consumers. I'm sorry, but the iPod was "revolutionary" in its ease of use, and clean, simple design.
 
Josh said:
That's what I hinted at that they may not have been the first person to make the technology, but they obviously did it in the best way - at least for consumers. I'm sorry, but the iPod was "revolutionary" in its ease of use, and clean, simple design.
Click to expand...

Ever use a Diamond Rio? Wasn't any harder to listen to music than the iPod. The iPod just had a neat "wheel" which really didn't become a wheel for another gen or so. It even had below standard audio quality when compared to the other players on the market. It was "simple" design and iTunes that really pushed it. Neither of which were innovative. What was innovative was Steve's ability to sell these things to the public.

Also don't look into the chairman thing a whole lot. It's not because it suits him better, it's because he can't physically do the job of CEO any longer and he needs a more pulled back seat now that he's set his ship on the path he set for it. I bet he sits at the chairman position until he dies, then we'll have Apple idiots pulling a North Korea on us and they'll nominate him the "eternal chairman". Any bets?
 
Dominato3r said:
Is he still going to have some oversight on the company like Gates?
Click to expand...
He's chairman and I wouldn't be surprised if health permitting, he'll give a keynote speech now and then if it's important enough.

bfdd is plain wrong thinking Apple's rise from ashes is a mere byproduct of Steve's marketing to the virtual exclusion of anything else. If the user experience sucked, all the contemporary gadget sites (esp. Anandtech) would have reported it and to some degree, millions of their new customers would've chosen competing products. Just because Apple doesn't have IBM's rich history of patents or basic R&D doesn't mean they don't innovate.
 
bfdd said:
Ever use a Diamond Rio? Wasn't any harder to listen to music than the iPod. The iPod just had a neat "wheel" which really didn't become a wheel for another gen or so. It even had below standard audio quality when compared to the other players on the market. It was "simple" design and iTunes that really pushed it. Neither of which were innovative. What was innovative was Steve's ability to sell these things to the public.

Also don't look into the chairman thing a whole lot. It's not because it suits him better, it's because he can't physically do the job of CEO any longer and he needs a more pulled back seat now that he's set his ship on the path he set for it. I bet he sits at the chairman position until he dies, then we'll have Apple idiots pulling a North Korea on us and they'll nominate him the "eternal chairman". Any bets?
Click to expand...

I had the Rio and it was a piece of crap, the battery thing broke off, the buttons ceased to work after a good amount of usage. The software that came with it was crap and took a while to upload the music...I mean you have to admit, the iPod was just simple and easy. That's why it sold. It didn't give you the headaches.
 
ActiveX said:
• Is PC better than MAC √
• Are Androids better than iPhone √
• Did Bill gates bailouts Steve Jobs to get in the business √
• Have touchscreen devices been around for more than a decade before the iPad √
• Do stupid illiterate people follow a cult named "Apple" √
Click to expand...

  • Is the "Android vs. iOS" argument subjective? √
  • Do you like to pull shit out of thin air? √
  • Has Apple refined and sold more touchscreen devices than most all other companies combined? √
  • Do you like to making sweeping generalizations about the type of people that use certain devices? √
  • Are you trolling, stupid, or possibly both? √
 
alfa147x said:
Steve Jobs didn't resign from Apple; he resigned as CEO to become Chairman of the Board, a job he's long said better suited him.
Click to expand...
I don't know that he will be around that long in that position either, pancreatic cancer is a guaranteed time bomb. 🙁
 
Josh said:
I had the Rio and it was a piece of crap, the battery thing broke off, the buttons ceased to work after a good amount of usage. The software that came with it was crap and took a while to upload the music...I mean you have to admit, the iPod was just simple and easy. That's why it sold. It didn't give you the headaches.
Click to expand...

Except when the battery would die and you'd have to send it in to get replaced. That happened quite often. The iPod was pretty junky dude, it was a harddrive and would skip if you shook it. It had just as many faults as the Rio, it just had a far greater salesman behind it. It honestly feels as if some of you underestimate the value a good salesman brings to the table.
 
Cattlegod said:
It should already be built into the stock price, this is no surprise. Also look out for a huge pr release about something crazy new. Apple always releases bad news and good news at the same time.
Click to expand...

It's not built into the price. Trust me. You will likely see as much as a double-digit drop Thursday before it closes the day in the red.
 
bfdd said:
They innovated marketing personal electronics to people. They didn't really innovate personal electronics. They weren't the first mp3 player, they weren't even the first harddrive based mp3 player. They weren't the first touch screen phone, they weren't the first tablet. They did innovate great ways to sell the product and establish their brand. Steve is possibly the greatest salesman of all time because he could sell products to people when people had no clue they wanted/needed it and yet there was almost always competition(except with the iPad).
Click to expand...

Exactly. At a time when when everyone was just pushing everything out the door, he set out to differentiate the company. He made sure his company would not get lost among the beige boxes. At a time when people are racing to the bottom, he made sure his stuff stayed head above others. Apple made electronics personal again. During this time, we have so many choices. How do you differentiate one product from another? You make it about the person. That is what Steve Jobs did. That is why he succeeded.
 
I've been watching people have this same argument since I discovered Usenet in 1993. When are you people going to realize that you are never going to change anyone's opinion about this?
 
Honestly I didn't use any Apple product for any length of time. They just didn't really appeal to me.

Apple PC's : No real gaming capability, so no starter.
Apple iPod : Had an MP3 player that held all the music I needed didnt need a HDD based player, now I just don't use MP3 players
Apple iPhone : Usually the Windows phones were better for what I used them for, mainly hacking them to do things they wern't designed to do, like play youtube and such.

That pretty much covers it. Apple just wasn't a big deal to me.

Too bad he is dying though, I would hate to have his health problems.
 
bfdd said:
Explain how investing money into something that has less than a 10% market share makes sense?
Click to expand...

Income Statement
Revenue (ttm): 100.32B
Revenue Per Share (ttm): 108.95
Qtrly Revenue Growth (yoy): 82.00%
Gross Profit (ttm): 25.68B
EBITDA (ttm): 32.08B
Net Income Avl to Common (ttm): 23.61B
Diluted EPS (ttm): 25.28
Qtrly Earnings Growth (yoy): 124.70%

Balance Sheet
Total Cash (mrq): 28.40B
Total Cash Per Share (mrq): 30.63
Total Debt (mrq): 0.00
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 1.75
Book Value Per Share (mrq): 74.81

Cash Flow Statement
Operating Cash Flow (ttm): 32.78B
Levered Free Cash Flow (ttm): 21.47B
 
TheSlamma said:
I don't know that he will be around that long in that position either, pancreatic cancer is a guaranteed time bomb. 🙁
Click to expand...


Haven't you seen that Cancer Treatment Center of America ad that had the lady they "cured" of pancreatic cancer?


My take on Apple since Jobs returned......they design and market hella nice products. Products that appeal to most....they look good (very important), the MacBook (or whatever it is right now) is an excellent notebook--thin, light and the alu. case is excellent, etc. The iPad is a very good consumption device and is what previous tablets were striving to be but never achieved. Of course, Apple's iOS is probably a huge contributor to its acceptance, too.

And Apple's iOS is probably what was needed to show the way in phones and tablets. While it just seems so simple, I'd wager it's deceptively so. A lot of design went into making it very user friendly and that's what's been so revolutionary about Apple, at least in my eyes. Anyone can have a very thin, light tablet designed and built for them, that's not the hard part. But an OS that is so simple anyone can make it and all its functions work easily...that's the real genius of Apple.

True, Apple is not really a hardware innovation company, outside the iPad's size/design, but that's not what they're about. Apple's OS is.

We've all probably seen every Star Trek episode and every one has someone using some sort of tablet. The TNG's tablets are esp. nice and is where we are heading and rapidly. That's supposed to be the future, and it is--rapidly approaching.

Already desktops are becoming irrelevant to the majority of the market and that will increase in pace as tablets begin to completely displace them and notebooks as the device of choice to the "great unwashed" computer users. We all know them, the Freds of the world. All they want is a way to read their email, watch video/Youtube, play Angry Birds, Facebook, post videos, and on and on. The desktop has become a space gobbling, hot, noisy, power sucking, in-the-way device that has less and less relevance to most consumers.

Instead, they're turning to tablets in droves, led by the iPad. And that's because it's using a simple to use OS.....unlike previous tablets that attempted to use a Windows variant that rarely was easy to use or power. And I can see Apple's OS making deeper and deeper inroads as sales continue to increase that it may really take over the mobile OS environment.

I know Android outsells Apple's phones. But that's one phone vs. Android on multiple platforms. And the OS on Android looks and acts a lot like Apple's OS. Very, very much alike.

So, in the end I think it means Jobs' leaving as CEO is irrelevant. The kernel of the genius is already established----the OS combined with a stylish device. The idea won't die because Jobs leaves. In fact, there may be positives to Jobs leaving, esp. in product development. Some of the restraint and control Jobs exercised over Apple will be diminished, so maybe USB ports will appear on a future iPad. And maybe get rid of the glossy screen--stupid idea on any device.

People will gladly pay for style and function, as long as both are pleasing. And obviously, Apple has both.



ps....I haven't owned an Apple anything since the Apple IIc and IIe were current tech.
 
Ns1 said:
Income Statement
Revenue (ttm): 100.32B
Revenue Per Share (ttm): 108.95
Qtrly Revenue Growth (yoy): 82.00%
Gross Profit (ttm): 25.68B
EBITDA (ttm): 32.08B
Net Income Avl to Common (ttm): 23.61B
Diluted EPS (ttm): 25.28
Qtrly Earnings Growth (yoy): 124.70%

Balance Sheet
Total Cash (mrq): 28.40B
Total Cash Per Share (mrq): 30.63
Total Debt (mrq): 0.00
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 1.75
Book Value Per Share (mrq): 74.81

Cash Flow Statement
Operating Cash Flow (ttm): 32.78B
Levered Free Cash Flow (ttm): 21.47B
Click to expand...
The balance sheet figures don't show Apple's approx. $50B in long-term securities that many observers usually refer to as part of the cash hoard.

In bffd's viewpoint, all you need is a slick salesman, 5 keynote addresses a year, some nice TV ads and any tech company can slap together these results with an average product. Somebody tell Ballmer these secrets to success. 🙂
 
mugs said:
I've been watching people have this same argument since I discovered Usenet in 1993. When are you people going to realize that you are never going to change anyone's opinion about this?
Click to expand...

Opinion about what...that Apple almost died and the stock was trading <$13 before Jobs returned late '97, when it 'coincidentally' took off again?

/edit: correction...he returned in '98. '97 was just when I bought the stock. 🙂
 
Last edited:
Status
Not open for further replies.

TRENDING THREADS

Back
Top