Originally Posted by MWM
One of the great business leaders in our history.
I saw there was a sell-off yesterday on Apple's stock. I'd probably do the same if I owned it. I doubt the impact he had himself can truly be measured.
Jobs brought two things to Apple's table that I doubt anyone can ever really replace:
1. A single-minded desire to push the future in the direction he felt it needed to go, and
2. A willingness to kill off any project -- even one that had already seen millions of dollars in R&D and countless manpower hours -- if he felt it didn't live up to Apple's standards
There are stories out of Apple that have Jobs pulling the plug on new products that were presented to him in finished form, ready to go off for mass production, because he decided that there was no market for it or that it didn't work simply enough to be useful to regular people.
All it takes is one or two dud products and people start to adapt a "wait and see attitude" with new stuff from a company. Apple's long chain of incredibly successful devices leads people to line up for things like iPhones and iPads before even holding or using one. It's next to impossible to build that kind of product loyalty or "if they build it, it must be good" attitude for most companies.
Really, that's the biggest challenge for this new CEO. He's got Jobs' personal blessing, but he isn't Jobs -- will he have the onions to be the gatekeeper of quality that Jobs was (a guy who would look at a bunch of project VPs and experts and say "This is D work" on a finished product that they'd spent years working on), and will people listen to him the way they listened to Jobs on such matters?
Apple's place in the consumer electronics market depends on the answer to that question.