Will Apple File Bankruptcy Without Steve Jobs at the Helm?

By Joseph C. McDaniel on August 26, 2011 10:42 AM |



Without Steve Jobs
, is Apple doomed to insolvency and bankruptcy?

Nope!

Gigantic Corporations that make vast profits and have products that fly off the shelves often do pretty well after a change in leadership.

Will it do exactly as well as if Steve Jobs was still running the company?

Nope. No more than Disney did precisely as well, or precisely the same thing, when it lost Walt.

On the other hand, there will now be both a Steve Jobs deathwatch in the media, and an Apple deathwatch.

My hope is that both are disappointing to reporters for a very, very long time.

And remember; during a depression, Apple made money.