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Apple's Steve Jobs named world's most valuable CEO


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#1 Shayla

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Posted 29 March 2010 - 15:26

A new list of the 30 "most respected" chief executives across the world has named Apple co-founder Steve Jobs the most valuable of all, noting that "America could use 1,000 more like him."

This week Barron's released its annual list of the best CEOs in the world. Jobs returned to the list from last year, joining Jeffrey Bezos of Amazon.com, Warren Buffett of Berkshire Hathaway and Mark Hurd of Hewlett-Packard.

"Probably the world's most valuable CEO is Steve Jobs of Apple, as shown by stock dips on news of his medical problems," the report said. "Apple recently hit a record, with a market value topping $200 billion, a reflection of the Street's confidence that a healthy Jobs (at least from what we can tell) continues to keep Apple ahead of the game. Jobs likely accounts for $25 billion or more of Apple's market value."

It said any list of the most respected CEOs must start with Jobs, whose "cinematic" return to the company from which he founded saw him "triumphantly rescue" it from the brink of death.

"The Mac was and remains brilliant, but it was just the beginning," the report said. "With the iPod, iPhone, iTunes and the App Store, Apple has forced dramatic changes in the music, movie and wireless businesses. With the iPad and the iBookstore, he's taking on the rest of the content industry, including textbooks, bestsellers and newspapers."

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In January 2009, Jobs took a leave of absence from Apple due to health-related issues, leaving Chief Operating Officer Tim Cook at the helm. Jobs eventually returned to work in June after receiving a liver transplant.

While at the helm, Cook oversaw the launch of several key products, most notably the iPhone 3GS. Earlier this month, he was awarded $22 million for his performance.

Jobs is frequently lauded for his performance as the CEO of Apple. In December, the Harvard Business Review named him the world's best-performing CEO for increasing his company's market cap a whopping $150 billion in the last 12 years.

In November, Jobs was given the title "CEO of the Decade" by Fortune. The magazine lauded him for making Apple a groundbreaking technology leader and the most valuable company in Silicon Valley. He was also a finalist for Time magazine's 2009 "Person of the Year."


Source : AppleInsider


#2 tablet_user

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Posted 29 March 2010 - 15:32

Obviously. He turned a generation of kids into mindless sheep.

#3 Motoko.

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Posted 29 March 2010 - 15:34

Obviously. He turned a generation of kids into mindless sheep.

wow.. you know I agree with you to some extent but atst in my generation he made computers available to our schools (elementary etc)

#4 Elliott

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Posted 29 March 2010 - 15:36

Obviously. He turned a generation of kids into mindless sheep.

:rolleyes:

#5 Jacky L.

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Posted 29 March 2010 - 15:39

Obviously. He turned a generation of kids into mindless sheep.

You mean in the 80's right?

#6 Singh400

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Posted 29 March 2010 - 15:40

As much as I would like to disagree I can't. He certainly has worked his magic. Regardless of the fact if you like him or not.

#7 Motoko.

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Posted 29 March 2010 - 15:41

You mean in the 80's right?

I think he's referring to the iPod, iTMS, iPhone, Apps Store, and now iPad.

#8 +techbeck

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Posted 29 March 2010 - 15:41

"Probably the world's most valuable CEO is Steve Jobs of Apple, as shown by stock dips on news of his medical problems," the report said.


Personally that says a lot about Apple. They have a TON of faith in Jobs, but when he is ill...Apple suffers. So there is faith in the CEO, but not Apple as a whole.

#9 Motoko.

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Posted 29 March 2010 - 15:46

Personally that says a lot about Apple. They have a TON of faith in Jobs, but when he is ill...Apple suffers. So there is faith in the CEO, but not Apple as a whole.

I mean this is the same guy who got fired from the company he started in partnership, started his 2nd company NeXT to compete against Apple gets his job back and integrates what he had learned from Xerox, develops it on NeXTStep and implement it into Mac OS X, overcomes the ego within and negotiates with Microsoft essentially bringing Apple away from death.

Grand Accomplishments IMO

#10 +techbeck

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Posted 29 March 2010 - 15:50

I mean this is the same guy who got fired from the company he started in partnership, started his 2nd company NeXT to compete against Apple gets his job back and integrates what he had learned from Xerox, develops it on NeXTStep t and implement it into Mac OS X, overcomes the ego within and negotiates with Microsoft essentially bringing Apple away from death.

Grand Accomplishments IMO


Not disputing the accomplishments...just a company should not rely so heavily on one person that they suffer when they are not there.

#11 Rudy

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Posted 29 March 2010 - 15:50

It doesn't matter if you like Apple or not you should still be able to see the great things he did for his company

#12 Motoko.

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Posted 29 March 2010 - 15:51

Not disputing the accomplishments...just a company should not rely so heavily on one person that they suffer when they are not there.

Yeah I'm in full agreement with you here, I'm just elaborating for you why so many depend on Steve.

#13 C_Guy

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Posted 29 March 2010 - 15:52

'whose "cinematic" return to the company from which he founded saw him "triumphantly rescue" it from the brink of death."

Yeah. It was just as triumphant for Bill Gates when he wrote a cheque to rescue Apple from bankruptcy but where's his parade?

Is Jobs good for shareholders? Absolutely... in the short term. But as techbeck said, there is very little faith in Apple without Jobs so no, we cretainly don't need 1,000 more like him. Companies need to be sustainable and profitable and not rely solely on one person.

#14 +techbeck

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Posted 29 March 2010 - 15:55

Yeah I'm in full agreement with you here, I'm just elaborating for you why so many depend on Steve.



'whose "cinematic" return to the company from which he founded saw him "triumphantly rescue" it from the brink of death."

Yeah. It was just as triumphant for Bill Gates when he wrote a cheque to rescue Apple from bankruptcy but where's his parade?

Is Jobs good for shareholders? Absolutely... in the short term. But as techbeck said, there is very little faith in Apple without Jobs so no, we cretainly don't need 1,000 more like him. Companies need to be sustainable and profitable and not rely solely on one person.


Kinda makes you wonder how Apple will be doing now if Jobs didnt get the liver transplant. Wish you could see the other side of things sometimes.

#15 Growled

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Posted 29 March 2010 - 16:01

I definitely agree with this. He has done any excellent job at Apple.