Steve Job passed away recently, on October 5th, 2011. He co-founded Apple in 1976 with Steve Wozniak and Ronald Wayne and has stuck with them ever since. Jobs has also been the CEO for many years until only a few months ago when he stepped down due to concerns with his health, as he figured it was what was best for the company. He died of respiratory arrest due to his pancreatic cancer that spread to many other organs.
Jobs had resigned from the Apple CEO position on August 24, 2011. With his resignation he suggested that Tim Cook take over as his successor and he got exactly what he wanted. Tim Cook is now the new face of Apple and will carry it forth into the coming years. Many now wonder what will happen to Apple without Steve Jobs; he was the face of Apple and had been idolized by many Apple users around the world.
Some are questioning if Apple will continue to rise in the technology field without Steve’s brilliant ideas. On top of that it is also going to be interesting to see how Apple copes without their normal presenter. Jobs also had a truly gifted way of promoting the products through his one of a kind speech’s that were given to just about every major Apple release in the past few years.
Just one day before his death the iPhone 4S was announced. This move lead to many unhappy people who were all looking forward to purchasing the iPhone 5 that just about everyone predicted was going to be announced. When the iPhone 4S was announced and the disapproval of users was heard, there was a 0.6% drop in Apple stock market shares which is actually pretty surprising after a major product announcement. But it’s not all bad news for Apple at this point, the iPhone 4S is said to have surpassed over 1 million preorders already only a few days after the announcement, this is huge because it has already passed the presales record of the iPhone 4.
Will we see a continued dominance from Apple in the Cellphone and Tablet market? Only time will tell… However, as long as they keep their extremely loyal fan base that line up for every single new Apple product, then I think it’s safe to say they will do just fine because none of the other companies have anything like that.