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Once GE missed after Welch departed, it happened often thereafter


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#1 nimblebear

nimblebear

    Welcome to the Dark Side !

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Posted 18 October 2011 - 06:42 PM

Jobs, with all due respect, was far more important and intertwined with apple, than Welch ever was with Ge. There is no way Jobs was able to keep his eye on the ball for many months prior to this miss, as he is only human. It fact, we are poignantly learning now how much more "human" he became closer to the end. To think with the stock priced beyond perfection, that the company wont miss a beat going forward with Cook, is more than a far fetched dream. I suspect 12 to 15 months hence, we'll all look back and say this was the nail in the coffin for the markets. The non-look-alike Lehman moment, this go around was too innocent and too simplistic to ascribe to the entire markets. But this game is about confidence, and no one person inspired more confidence in a company by optimistic investors than Mr. Jobs himself. Microsoft hasnt ever recovered since Gates left, and Gates will tell you appl has had its run. I dare say nobody could "know" mr jobs better than Bill Gates himself. Especially since they both were extremely successful as Ceo's to the biggest market cap companies of their time. Gates spawned appl's recovery in fact. Good luck taking more bites out of this shiny red.
OTIS.