Maria Bartiromo's Investor Agenda
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
- Hirschhorn: Greed...or Fear
- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- 100% Mortgage Financing From USDA
- Holiday Tipping: Who And How Much
- Deep Discounts Should Make It a Very Tech-y Holiday
- The Richest Members of the US Congress
- New Consensus Sees Stimulus Package as Worthy Step
- Wall Street Jobs Slow to Return Despite Record Profits
- Thanksgiving Week Stuffed With Economic News
- Black Friday Deals May Not Signal Retail Comeback
- Investors to Goldman: Be Less Greedy
- UPS Sets New Rates For 2010
- Victoria's Secret Hopes to Rekindle Desire for Lingerie
- 'New Moon' Takes Record $72.7M Box Office Bite
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AP Steve Jobs |
For this event, there is an added layer of mystery surrounding founder Steve Jobs and whether he will make his first public appearance since his liver transplant over four months ago. If he does appear, investors and consumers alike will want to see how healthy he looks. I wouldn’t be surprised to see him there, because it would actually be a bigger story and fuel more speculation if he doesn’t appear.
It’s Only Rock and Roll But We Like It
As my colleague Jim Goldman has reported, the press invitations to the event featured the title: It’s only rock and roll but we like it. That suggests a music-related event, most likely related to the iPod.
This has only added to the intrigue. If Jobs appears, who will be on stage with him? Is it going to be U2 or the Rolling Stones? Is this going to be when they announce a deal to feature Beatles music on iTunes? Most observers seem to believe that will not be the case, but the fact that it’s part of the speculation only enhances the mystery.
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Quite simply, Apple and Steve Jobs have a mystique about them. They have been able to create unparalleled suspense and excitement around their events and products, which has helped make investors a lot of money. Over the last 10 years, Apple’s stock has rocketed more than 800 percent, while the S&P 500 is actually down nearly 20 percent.
A Modern-Day Edison
A lot of the credit, of course, goes to Jobs. He may well be the most fascinating American businessman of his generation. He is the one who put “personal” in the personal computer. He revolutionized the music business. He revolutionized the movie business, and now he's revolutionizing telephony.
There's nobody else who by innovation, invention and product design and development has been able to equal that, maybe ever. He’s a modern-day Thomas Edison.
It's been amazing to watch Steve Jobs in action through the years. And now, by all accounts, he’s come out of his liver transplant and still has an active role in his company’s legendary innovation and growth. I'm sure we'll see more evidence of that tomorrow and in the future as Apple retains its status as one of the most dynamic companies in the world.
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