Is Apple the same after Jobs?
All the news coming out of Apple seems positive these days and any suggestion that Tim Cook would fall flat on his face as soon as Steve Jobs wasn’t around have proved very wide of the mark. Profits have soared way above analysts expectations; sales of iPad have continued on their stellar course with iPad 2, despite its relatively minor technical update, exceptionally well received and iPhone sales remains strong, winning back market share against ‘all Android’ in many markets, including the all important Asian market.
Rumours about the forthcoming upgrade of the MacBook range with lighter more ‘Air’ like models, without a hard drive and new in-screen technology, leading to a significantly shallower overall profile, have been well received and suggest that innovation across the range remains on track.
Yet there is a shift - and its in the reporting of Apple’s activities in the press and in the media in general. Somehow Steve Jobs’ halo - or should I call it force field - protected Apple, to a degree, from criticism, in the US at least. Without it there seems to be a change in the tone of commentary of issues such as corporate responsibility issues, the Chinese patent dispute, problems of the ghost 4G capabilities in Australia and in Apple’s tax avoidance regime back home in the US.
None of this should perhaps come as a surprise. As a nation’s favourite son, Mr Jobs was afforded a degree of leniency that a mere mortal such as Tim Cook (highly competent though he has already proved to be) can not aspire to owning. And its highly unlikely that anyone at Apple will ever reach this level of reverence in future.
Apple is doing exceptionally well and long may that remain the case but it will have to continue to outperform expectations if it is to remain a darling of the stock market and reached the projected $1000/share price some predict. And a less sympathetic press will be quick to jump on any blip in delivery, corporate responsibility or product innovation which will make the landscape trickier for Apple than it has been. Personally I have great faith in Tim Cook’s leadership but those are awfully big boots to fill!