The Thailand expat forum for Travel, Lifestyle and Fun.

slackula

Love him or hate him he has done a remarkable job since his return to Apple:


The financial results have been nothing short of astounding -- for Apple and for Jobs. The company was worth about $5 billion in 2000, just before Jobs unleashed Apple's groundbreaking "digital lifestyle" strategy, understood at the time by few critics. Today, at about $170 billion, Apple is slightly more valuable than Google (GOOG, Fortune 500).

The decade of Steve Jobs, CEO of Apple - Nov. 5, 2009

Another article at The Register:

Apple under Jobs: from muck to mountaintop

__________________
bibo ergo sum

Butterfly

I think you are confusing sales with marketcap,

Sales of Apple are not 170b,

that said, he is doing a good job at Apple, I agree, he probably saved the company from being completely irrelevant, or at least delayed the inevitable

slackula

That bit was just a quick C&P from the Forbes article, that's why I put it in italics, I am not saying that sales are 170b.

In the Forbes piece they value Apple marketcap at $34 billion I think, the wording of that section is a little vague:

Now Apple has $34 billion in cash and marketable securities, surpassing the total market cap of rival Dell (DELL, Fortune 500).

The Reg article is clearer:

Fast-forward to today, when Apple's stock hit a high of $195, its cash reserves total $34bn, and in its most recent fiscal quarter, it earned $1.67bn on sales of $9.87bn. All mid-Meltdown.

It doesn't really matter, I think Unis are going to be using studies of the turn-around at Apple for quite a while.



/sorry for calling you out in the thread title, but I haven't seen you wailing on Apple/OS X for a while and I thought you might like a thread to do it in!

DaffyDuck

ROTFLOL!

We all know he's just a closet Apple fanboi!

Steve Jobs: A decade of hits (and a few misses) - CNNMoney

The decade of Steve Jobs, CEO of Apple - Nov. 5, 2009

Butterfly

That's part of current assets, not marketcap. Those kind of articles always love to compare apples and oranges, a bit silly though

Apple has traditionally been a cash cow, thanks to their high margin and branding approach. DELL is a low cost leader. Different business model.

not really. If you want a real success story of a turnaround, look at DELL. Apple turnaround wasn't really that difficult, they had that Internet thing that just started to pickup strongly when Steve came back to Apple. He also re-invented the company by re-focusing on gadgets and services. Actually they should only focus on consumer electronics, that's their strong, but they are out of their league when it comes to computers. All they can do is hype it by offering underpowered pretty PC at a premium.

Thanks for the concern but plenty of Apple bashing by me on SubZero at the moment

Gipsy

Steve Jobs... Well done! He certainly deserves it for he has changed the computer industry, music industry and animation movies industry. Waiting for the tablet!

Plan B

Apple does it again!




Apple announced today that it has developed a breast implant that can store and play music. The iTit will cost from $499 to $699, depending on cup and speaker size. This is considered a major social breakthrough, because women are always complaining about men staring at their breasts and not listening to them.




Steve Jobs, is there anything he can't do!?!?!?

DaffyDuck

Bwahahahahaha!

5555555 - this from the guy who can't even install a ceiling trap without falling through the ceiling --- precious analysis.

Butterfly

Quack Quack

slackula

An interesting reply considering that I am not a member there. Are they more receptive to your style of 'bashing'?

I start a thread about Steve Jobs and you come back with DELL!?!!? Jeebus, they must be an easy crowd at SZ

Dell may be a smart cookie, I am sure he has more money than I do and a better business, but he ain't no Steve Jobs.

F*ck that, I want an iLiver

slackula

Forgot to chuck in that your mate Mike Dell is a loyal Bushite, but Hey! at least the DULLphone is just around the corner right?

Gipsy

Drink enough, and you might get one, sooner than you want... Steve may de-liver...
Not sure if it comes with a set of Apple stickers

Butterfly

I hate DELL more than I hate Macs if you must know

yeah, Steve Jobs is a nut job, but the good news for him is that the other IT CEO are even bigger nut jobs. I quite like Oracle CEO, he has style.

DaffyDuck

^^^ I worry about your definition of 'style'

Here's an interesting one:

Apple's cash reserve charted, admired | 9 to 5 Mac

Yeah, you're right - the turn around of Apple was 'easy', as you so eloquently put it -- yet DELL seems to be struggling with something so easy?

You have everyone and anyone -- which is why you are such an easy target, and also why you have no credibility.

__________________
"Does it take more time to edit the portions of quoted text included in your reply? Yes. So does spell-checking and proofreading. It also takes time to shower and brush your teeth each day." - John Gruber