Out went clunky gray machines and in came beautiful, friendly devices.
He leaves an astounding legacy, including the company he co-founded, got kicked out of, returned to and ultimately came to personify. It’s no wonder that Apple shares dropped 5% when he resigned in August.
On the one hand, he leaves the company firing on all cylinders, with no debt, a market value of almost $400 billion and a product line that makes competitors go green with envy. However, as Jim Collinshas noted, companies with charismatic leaders tend to falter after their departure. Here’s a quick overview of the pitfalls and the opportunities.