Steve Jobs taking leave of absence

wavinwayne · wavinwayne #1 (**permalink**)

01-17-2011, 09:39 AM

Apple's Jobs to Take Medical Leave - WSJ.com

the8thark · the8thark #2 (**permalink**)

01-17-2011, 09:51 AM

He is not a healthy man it's true. And I'm sure he's taking the time off when he's not needed too much. I'd rather him take the time off and be healthy. WOnder if the investors will see the same. Cause if steve coughs the share price goes down.

iNAP · iNAP #3 (**permalink**)

01-17-2011, 10:13 AM

history tells me this is not good...keep your fingers crossed!

sorry can someone fix title?

cwa107 · cwa107 #4 (**permalink**)

01-17-2011, 10:16 AM

Merged duplicate threads

pigoo3 · pigoo3 #5 (**permalink**)

01-17-2011, 10:17 AM

Quote:

Originally Posted by cwa107

Merged duplicate threads

Beat me to it.

- Nick

osxx · osxx #6 (**permalink**)

01-17-2011, 10:19 AM

I can't help but think his schedule for the past year has no doubt been exhaustive the man
is always thinking of whats next and hope for a speedy recovery.

cwa107 · cwa107 #7 (**permalink**)

01-17-2011, 10:26 AM

As much as I hope that Steve recovers quickly, I don't think this bodes well. Particularly so shortly after his last leave.

Cancer (in general) is tricky, and seldom do survivors walk away without ever encountering problems down the road. As much as I respect his right to privacy, and as much as I think his being at the helm is positive for Apple, he is definitely doing the investor community a disservice by maintaining the role of CEO.

If he believes in Tim Cook as much as he says he does, I think he should take an advisory role (much like Bill Gates did in later years) and step down as the CEO. This latest leave will surely mean a roller coaster ride for the stock, and speculation will be rampant. If Steve truly values his privacy, I think it's time for him to transition away from the CEO role.

the8thark · the8thark #8 (**permalink**)

01-17-2011, 10:42 AM

Quote:

Originally Posted by cwa107

If Steve truly values his privacy, I think it's time for him to transition away from the CEO role.

As much as I don't want this, maybe it's time. Steve should still make his presence felt at meetings but just less than now. And let all the senior VP's do the work. And yeah the shares would tank when that happens. But if it's a slow enough transition the share loss would be minimised a lot.

cwa107 · cwa107 #9 (**permalink**)

01-17-2011, 10:48 AM

Quote:

Originally Posted by the8thark

As much as I don't want this, maybe it's time. Steve should still make his presence felt at meetings but just less than now. And let all the senior VP's do the work. And yeah the shares would tank when that happens. But if it's a slow enough transition the share loss would be minimised a lot.

Yeah, the problem is the stock is going to be unstable as long as investors aren't confident in management or the succession strategy. So, rather than taking a series of hits and the stock fluctuating wildly each time - just get it over with. Steve steps down but goes into an advisory role, naming his successor as Tim Cook. This way, he can go on leave whenever he wants to and doesn't owe anyone an explanation - and then there's no change in the leadership and nothing for investors to fret over.

iggibar · iggibar #10 (**permalink**)

01-17-2011, 01:14 PM

If steve leaves now, the stock will plummet! Losing the worlds best CEO has that effect. I would rather have him as CEO right now than bring someone who might not be ready. If I were the CEO of Apple, I would hold on the the CEO position until stocks exceeded $400, so that they can have a nice split, then I would pass the torch. To me, it seems like Jobs has been training Cook real well for that day.

TattooedMac · TattooedMac #11 (**permalink**)

01-17-2011, 01:17 PM

Godspeed Steve . . . Hope all gets better for ya mate ....

On this announcement, i cant really see anything like "the beatles are here" happening anytime soon. But then again if your sick your sick and you need to go......

SweetCosmicPope · SweetCosmicPope #12 (**permalink**)

01-17-2011, 01:34 PM

Quote:

Originally Posted by idrinorbarsaku

If steve leaves now, the stock will plummet! Losing the worlds best CEO has that effect. I would rather have him as CEO right now than bring someone who might not be ready. If I were the CEO of Apple, I would hold on the the CEO position until stocks exceeded $400, so that they can have a nice split, then I would pass the torch. To me, it seems like Jobs has been training Cook real well for that day.

I've been curious about this, myself. We don't know how sick Jobs is, so I hate to say it's time to "hang up his boots." But if he hasn't already, perhaps it's time that he's started grooming a successor, preparing to pass the torch, or should the unthinkable happen, allow for it to be thrust upon an heir.

I'm particularly curious, if/when Jobs is no longer CEO, how the company would be handled. Would they still innovate the way they do now, or would they move to a model of sacrificing innovation and reliability for a higher market share and profit margin.

ClockworkWorld · ClockworkWorld #13 (**permalink**)

01-17-2011, 01:43 PM

Forgetting about stocks and the future of Apple personally, as a fellow human I just hope he gets well soon!

Doug b · Doug b #14 (**permalink**)

01-17-2011, 02:09 PM

I agree with the assessment that Jobs should pass the torch on to Cook, and should do it right now while taking an advisory role. This would enable Jobs to supervise Cook in the background while he's still healthy enough to keep enough focus on what he thinks is going right or wrong. The more he allows Cook to stay at the helm, the better things will be if Steve ultimately gives up the reigns at a later date due to whatever circumstances happen to arise.

This also gives investors and the board ample time to make whatever decisions they need to make without causing a panic.

Doug

harryb2448 · harryb2448 #15 (**permalink**)

01-17-2011, 03:28 PM

Bad bad news as the form of cancer, pancreatic, he suffered from is particularly lethal!

wavinwayne #1 (permalink)
Member Since: Nov 01, 2010 Location: North AL Posts: 162 Mac Specs: Late '09 Macbook Pro 13"	01-17-2011, 09:39 AM Apple's Jobs to Take Medical Leave - WSJ.com Don't believe anything I tell you, unless it is consistent with what you already know to be true, or unless you have taken the time to research the matter to prove its accuracy to your satisfaction. This is known as "doing your homework."
	QUOTE Thanks

cwa107 #4 (permalink)
Member Since: Dec 20, 2006 Location: Middletown, Pennsylvania Posts: 25,916 Mac Specs: 15" MBP, Core i7/2GHz, 8GB RAM, 256GB Crucial M4 SSD	01-17-2011, 10:16 AM Merged duplicate threads Liquid and computers don't mix. It might seem simple, but we see an incredible amount of people post here about spills. Keep drinks and other liquids away from your expensive electronics!
	QUOTE Thanks

cwa107 #7 (permalink)
Member Since: Dec 20, 2006 Location: Middletown, Pennsylvania Posts: 25,916 Mac Specs: 15" MBP, Core i7/2GHz, 8GB RAM, 256GB Crucial M4 SSD	01-17-2011, 10:26 AM As much as I hope that Steve recovers quickly, I don't think this bodes well. Particularly so shortly after his last leave. Cancer (in general) is tricky, and seldom do survivors walk away without ever encountering problems down the road. As much as I respect his right to privacy, and as much as I think his being at the helm is positive for Apple, he is definitely doing the investor community a disservice by maintaining the role of CEO. If he believes in Tim Cook as much as he says he does, I think he should take an advisory role (much like Bill Gates did in later years) and step down as the CEO. This latest leave will surely mean a roller coaster ride for the stock, and speculation will be rampant. If Steve truly values his privacy, I think it's time for him to transition away from the CEO role. Liquid and computers don't mix. It might seem simple, but we see an incredible amount of people post here about spills. Keep drinks and other liquids away from your expensive electronics!
	QUOTE Thanks

iggibar #10 (permalink)
Member Since: Apr 20, 2009 Location: Up UP and awayyyy!!! Posts: 3,912 Mac Specs: MBP15" 240gb SSD+128gb SSD, PowerBook17, PowerMacG5, Phone4S 32gb, Phone4 32gb, Galaxy Note 2 80gb.	01-17-2011, 01:14 PM If steve leaves now, the stock will plummet! Losing the worlds best CEO has that effect. I would rather have him as CEO right now than bring someone who might not be ready. If I were the CEO of Apple, I would hold on the the CEO position until stocks exceeded $400, so that they can have a nice split, then I would pass the torch. To me, it seems like Jobs has been training Cook real well for that day. Aut viam inveniam aut faciam
	QUOTE Thanks

TattooedMac #11 (permalink)
Member Since: May 19, 2009 Location: Western Astraya Posts: 6,445 Mac Specs: 13"MBP 2.9Ghz Intel Core i7 10.8.3 ~ iPhone5 6.1.3 ~ iPad Mini 6.1.3 ~ ATV2 5.2.1	01-17-2011, 01:17 PM Godspeed Steve . . . Hope all gets better for ya mate .... On this announcement, i cant really see anything like "the beatles are here" happening anytime soon. But then again if your sick your sick and you need to go...... Dont forget to use the Reputation System if someone has helped you out !!! “I have absolutely no pleasure in the stimulants in which I sometimes so madly indulge. It has not been in the pursuit of pleasure that I have periled life and reputation and reason. It has been the desperate attempt to escape from torturing memories, from a sense of insupportable loneliness and a dread of some strange impending doom ….”― Edgar Allan Poe
	QUOTE Thanks

Steve Jobs taking leave of absence

Internet Services

Web Development

Digital Marketing

Consumer Tech

the8thark #2 (permalink)
Member Since: Jan 27, 2007 Location: Brisvegas Posts: 5,658 Mac Specs: 17 inch 2 GHz C2D imac (5,1) with 3GB DDR2 RAM, X1600 (128MB memory) GPU - OSX 10.6.3	01-17-2011, 09:51 AM He is not a healthy man it's true. And I'm sure he's taking the time off when he's not needed too much. I'd rather him take the time off and be healthy. WOnder if the investors will see the same. Cause if steve coughs the share price goes down.
	QUOTE Thanks

osxx #6 (permalink)
Member Since: Jan 19, 2008 Location: houston texas Posts: 3,926 Mac Specs: 15 MacBook Pro 2009 32GB iPad 4 32GB iPhone 5 Apple TV 3 AEBS/AE	01-17-2011, 10:19 AM I can't help but think his schedule for the past year has no doubt been exhaustive the man is always thinking of whats next and hope for a speedy recovery.
	QUOTE Thanks

ClockworkWorld #13 (permalink)
Member Since: Dec 16, 2010 Posts: 240	01-17-2011, 01:43 PM Forgetting about stocks and the future of Apple personally, as a fellow human I just hope he gets well soon! Late 2010 iMac 27 inch  2.93GHz i7 16GB RAM 2TB HDD 2011 Macbook Pro 17 inch Glossy  2.3GHz Quad-core i7 8GB RAM 750GB HDD
	QUOTE Thanks

Doug b #14 (permalink)
Member Since: Jun 22, 2008 Location: Forest Hills, NYC Posts: 3,339 Mac Specs: 15-inch Early 2008; Processor 2.4 GHz Intel Core 2 Duo; Memory 4 GB 667 MHz DDR2 SDRAM; 10.7.5	01-17-2011, 02:09 PM I agree with the assessment that Jobs should pass the torch on to Cook, and should do it right now while taking an advisory role. This would enable Jobs to supervise Cook in the background while he's still healthy enough to keep enough focus on what he thinks is going right or wrong. The more he allows Cook to stay at the helm, the better things will be if Steve ultimately gives up the reigns at a later date due to whatever circumstances happen to arise. This also gives investors and the board ample time to make whatever decisions they need to make without causing a panic. Doug Alternatives to iTunes click here !
	QUOTE Thanks

harryb2448 #15 (permalink)
Member Since: Nov 28, 2007 Location: Nambucca Heads Australia Posts: 14,055 Mac Specs: iMac i5 2.7GHz OS X.8.3	01-17-2011, 03:28 PM Bad bad news as the form of cancer, pancreatic, he suffered from is particularly lethal! *Hang on to those original install discs like grim death! Using OS X.7 or later make a bootable USB thumb drive before running Installer!*
	QUOTE Thanks

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Apple's Steve Jobs named MarketWatch 'CEO of the Decade'	the8thark	Apple Rumors and Reports	2	12-10-2010 02:37 PM
Steve Jobs Hates The New York Times iPad App	the8thark	Apple Rumors and Reports	0	05-06-2010 11:20 AM
Want to see Steve Jobs on a Magazine cover?	the8thark	Schweb's Lounge	3	05-03-2010 10:31 PM
Steve Jobs had a liver transplant.	Mattlike	Apple Rumors and Reports	3	06-20-2009 01:48 PM
Short but pretty good read	TenderSurrender	Schweb's Lounge	0	07-10-2007 01:19 PM