Apple's Long-Term Challenges Without Steve Jobs
By Trefis:
Talk about big shoes to fill. Steve Jobs, who is widely recognized as the driving force behind Apple’s (NASDAQ:AAPL) culture of innovation that took it from near collapse to become an industry leader and one of the most respected brands globally, resigned from his role as CEO yesterday. See his letter to Apple’s Board of Directors Steve Jobs Resigns as Apple’s CEO, Cook to Take Over. The company’s COO Tim Cook will take over his role, which is a natural fit as Cook has filled in for Jobs in the past and had already assumed his responsibilities on his current leave. We believe that Apple’s product road-map is largely mapped out for the next 2-3 years and so Steve Jobs' absence won’t impact operations in the near term. However, the main challenge for Cook and Apple overall is whether or not it can continue to foster the same culture ofComplete Story »
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