Mac360‘s senior analyst reveals ‘The Obvious But Hidden Secrets Behind Apple’s Record Numbers And Stock Price Crash.’
Wall Street has decided that the true mark of a company has little to do with financials, and more to do with hubris and attitude than financial performance.
Apple, under co-founder CEO Steve Jobs, had plenty of bravado, hubris, and attitude, perhaps manufactured within Jobs’ famous reality distortion field. Tim Cook, the man who makes everything work, is a seasoned, experienced, and highly capable executive, but he lacks Jobs’ hubris gene, and Wall Street seems to be in love with bravado these days. Witness Google’s CEO, Amazon’s CEO, and others who regularly taunt Apple, attempt to be Jobs-like in public demeanor, but have yet to show they can disrupt an industry and make a profit at the same time.
Tim Cook needs to show he can do what Jobs did.