Originally Posted by Galbi
I work in the medical field. Steve is taking immosuppressant drugs to keep his immune system from killing off his new liver. His immune system will becoming weaker and weaker as his body becomes accustomed to the new drugs.
OK, in the previous post, you made it sound worse than it probably is.
What does market capitalization have to do with Steve's health and his control over Apple?
You said, and I quote:
With Steve's health deteriorating all the time, its reflected in the stock price.
And my response was to say that it was just not true. Apple's stock isn't hurting in anyway I can see, I'd like to see why you believe such. Much of Apple's fluctuations follow the market's fluctuations.
Apple's stock will take a permanent hit when Steve eventually relegates his duty as CEO and chief innovator to someone else. Stock price is based partially on future performance expectations from the company by investors, demand and supply of number of shares and then tabulated by investment bankers. With Steve having so much control of everything from the product design down to the packing details, it may be a pro when he is in charge, however it could be a detrimental blow to Apple when Steve eventually leaves. Its a double edged sword. He should start delegating responsibilities and decision making to others if he (eventually) intends to pass on the torch to someone else. Better yet, he should have Wozniak take over.
Speculation. Wozniak hasn't shown the kind of business savvy to do the job. That's not his skill, great engineer, tinkerer, maybe great educator but not anywhere near the business success outside of Apple. But meanwhile, Jobs has a lot of people trained in his process, such that it really doesn't need much input. Keep in mind that a lot of these people have been working around Steve for a decade now, so they should know the "Steve" way very well.
Apple did horrible when Steve was ousted as CEO by the board.
Long ago and under very different circumstances, it doesn't really apply anymore. I think he's learned a lot in the three decades since then, and applied that knowledge for the better this time around.