On Jan. 17, Apple Inc. reported that CEO Steve Jobs will be taking an unexpected medical leave, a press release which led to Apple’s stock closing down 3 percent the following trading day. This is a big problem; no company beyond the start-up phase should be so dependent on its CEO that its future is uncertain when the CEO leaves. At around $65 billion in revenue and a market capitalization of $311 billion, Apple clearly is a successful enterprise. However, the shockwaves caused by last week’s announcement left me wondering…
Read the rest in the Washington Business Journal…
Read the rest in the Washington Business Journal…
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