Last night in after-hours trading, Apple’s stock dropped precipitously. The prophets of Apple’s doom emerged after a very long hibernation. Even those bullish on Apple’s prospects could hardly muster more than lukewarm praise of Tim Cook‘s appointment to CEO of Apple Inc, saying, “he’s pretty good, but he’s no Steve Jobs.” We believe they’re all missing the point. Jobs has managed to perform the ultimate feat of leadership — he’s embedded himself so deeply within the cultural fabric of Apple that the company no longer needs him.
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