Post Steve Jobs – Will Apple’s Innovative Streak Continue ?

Steve-Jobs-Leaves-Apple

For investment bankers and lay people alike, Steven P. Jobs has been the face of Apple Inc. – the company he co-founded in 1976. In the last decade, Apple has come up with a number of iconic and extremely successful products like the Macintosh, iMac, iBook, iPod and the recently launched iPhone. Apple’s ability to recognize and act on consumer trends coupled with some pretty ingenious innovation has seen it emerge as the world’s most valuable technology company surpassing software behemoth Microsoft early last year. Jobs’ latest medical leave announced this Monday has forced analysts to question whether Apple will retain its market leadership once Jobs is gone. Throughout his longstanding career at Apple, Steve Jobs has been intricately involved with all aspects of product design and development. According to Michael A. Cusumano, professor at the Massachusetts Institute of Technology’s Sloan School of Management, “Steve Jobs has this extraordinary ability to see into the future and instinctively see what people want, he’s done that consistently, in a way no one else has.” → Read More