January 2009 Archives

Steve Jobs' Letter

It's sad that Steve Jobs needs to write a letter to get the financial analysts and fanboys to calm down. Yes, Mr. Jobs did fix a sinking ship. And yes, Mr. Jobs is the biggest reason for their success over the past decade. But the sign of a great leader is setting up the framework that will allow a company to prosper well beyond their departure. Mr. Jobs has done just that. People need to take a deep breath and relax. While it will be the end of era when he leaves Apple, the company will not implode and wipe Cupertino off the map.

Read the letter.

As the furor of this rumor picked up steam, I did something I haven't done in a long time: I bought stock. Not just any stock ... Apple stock.