The day after Steve Jobs announced that he was taking a medical leave, Apple’s stock fell 2.25%. This is the second time in 2 years that he has taken a medical leave, and Apple’s stock has dropped significantly both times. So, what does this mean for Apple? The consequences might not be bad short-term, but this could effect the company in a few years from.
As the anticipated release of the iPad 2 and the new iPhone in a few months, the plans for those new devices are likely developed and ready to go. What about the innovation of new products? It appears that the public has little faith in Apple without the man behind the brand, Steve Jobs.
When new products are announced, many wonder who will present them if Jobs is not in the picture. People are infatuated by his notorious presentations; he is known to hypnotize his audience. Losing the product presentation aspect of Apple could leave some people uninterested.
Apple is such a large company that it seems hard to believe that losing one person, even if it’s the face of Apple, could impact sales so drastically. Many tech guru’s are certain that the creation of new Apple products will succeed on their own, but it appears that the public likes the security of seeing Steve Jobs take part in all aspects of Apple products.
It’s hard to predict how the absence of Steve Jobs will directly impact the company in the long-run, but it appears that consumers of the brand have consistently little faith in Apple without him.