Steve Jobs RIP

Was just going to post something, can't believe it.

Just called my broker and told him to sell all of my Apple stock first thing in the morning.

RIP

-Sent from my iPhone.

Bear Bait wrote:

Just called my broker and told him to sell all of my Apple stock first thing in the morning.

RIP

-Sent from my iPhone.

I don't own any stock but would do the same thing. Steve Jobs was THE company.

I'd be interested in buying all those shares from you for $360 each

Bear Bait wrote:

Just called my broker and told him to sell all of my Apple stock first thing in the morning.

RIP

-Sent from my iPhone.

Bad idea. There be beaucoup panic selling tomorrow AM. Prices will be abnormally deflated. Wait a week, if you really intend to sell. The emotion will change by then.

I'd considered shorting it in anticipation of his death (and a good double whammy with the disappointment of no 5th generation Iphone) Too late now.

If anything keep your stock in memory of his hard work. Seriously, why sell when the company makes more than America? Seems like they are doing something right or not?

TheBornAgain wrote:

Steve Jobs jokes? Too Zune man, too Zune.

Well played sir.

A trailblazer for Arab Americans.

Who inherits? Did he create any little uh Jobs?

Bear Bait wrote:

Just called my broker and told him to sell all of my Apple stock first thing in the morning.

RIP

-Sent from my iPhone.

I decided on short selling Apple a while back. Gonna see a nice little bonus. Christmas vacation options just opened up.

Jobs is a role model for Semitic and Middle Eastern students in America.

He did have a young family, but I think he was one of the billionaires in the US that agreed to give away most of his fortune upon his death.

Many prominent Semitic Arabs and Jews have come before us.

I think people are overrating him. That said, it seems he was a real, true CEO. Someone who had vision and tirelessly stuck to that vision, while energizing and inspiring those who worked for him. I recall an article about Jobs just after the I-Pod had become a booming success. It was about what he did different than other CEOs. It mentioned that with an idea like an IPod a typical company would take it to the engineers and they would give 30 reasons why its not feasible and shouldn't be pursued. Most CEOs would concede to that. Jobs initially was getting the same feedback, but he said, 'no, we are going to do this, make it work'. He totally changed the engineers thinking and they were inspired to make it work. And they did.

Lorenzo the Magnificent wrote:

Deceased

[quote]ryan foreman wrote:

I think people are overrating him. That said, it seems he was a real, true CEO. Someone who had vision and tirelessly stuck to that vision, while energizing and inspiring those who worked for him.

I recall an article about Jobs just after the I-Pod had become a booming success. It was about what he did different than other CEOs. It mentioned that with an idea like an IPod a typical company would take it to the engineers and they would give 30 reasons why its not feasible and shouldn't be pursued. Most CEOs would concede to that. Jobs initially was getting the same feedback, but he said, 'no, we are going to do this, make it work'. He totally changed the engineers thinking and they were inspired to make it work. And they did.

[quote]

What's so funny is that people criticize other CEO's for doing such things when it doesn't work out. Saying they should have listened to the engineers. Sometimes life is just a craps shoot.

What did u say? wrote:

Bear Bait wrote:

Just called my broker and told him to sell all of my Apple stock first thing in the morning.

RIP

-Sent from my iPhone.

Bad idea. There be beaucoup panic selling tomorrow AM. Prices will be abnormally deflated. Wait a week, if you really intend to sell. The emotion will change by then.

It may not be bad idea to sell right away. There could be a declining trend with AAPL for the next year with this terrible news, no breath-taking innovations, and bad economy.

I have four bad news with AAPL which makes it good idea to sell right now. I know their making record profit and great balance sheet, but their stock price is priced based on future expectations more so than other companies.

Bad news:

1. Steve Jobs death

2. Iphone 4s was less than expected

3. Their new MAC OS (I think Lion) is under serious attack for not being as user-friendly. I watched a ten minute video by this Apple geek and his critisims were valid and I would not want many of the features on new OS that made it suck.

4. Amazon's new tablet may actually compete with iPad with its low price and great timing with Christmas coming up.

There are many tributes to this visionary man. One of the most ironic was a tribute at the "Occupy Wall Street" protest. The are protesting against capitalism and at the same time paying tribute to a man who showed what one man can accomplish in a free capitalistic society. I don't think Steve could come from anywhere but America and Apple showed the virtues of our system. The irony was unbelievable but these morons didn't seem to get it.

Jobs actually lost his...er...job in a boardroom coup, which was facilitated in part by failed products pushed by Jobs himself. His next company...oh, the puns...NeXt was also a failure for the most part, although it did form the genesis of the OS X operating system, which was obviously successful.

Point is, not everything he touched turned to gold, but he was a good CEO and a market visionary.