Jobs ' surplus value: More than $18 billion trillion

Stawa 24th 6 o'clock in the evening, Steve Jobs announced his resignation as Apple's CEO, with Apple's share price falling 5%, with a market capitalisation of about $18 billion. 18 billion dollars what concept?　　Google's acquisition of Motorola Mobile cost 12.5 billion U.S. dollars, Hewlett-Packard to divest of the world's largest PC business value in the 12 billion U.S. dollar, Lenovo Group's market capitalisation of about 6.6 billion U.S. dollars, a paper resignation statement, in the capital market almost evaporated 3 Lenovo, which is Jobs's values.　　Now many companies like to talk about "system", believe that the company wants to be evergreen, system, process than people, along this logic, "Apple is not a person's apple", shareholders are a fuss, but unfortunately, in recent years IT industry benchmarking company for Handsome, can bring the gospel to investors is not many cases. First of all, Microsoft, in January 2000, Ballmer to replace Bill Gates as CEO of the company, when Microsoft's stock price of more than 50 U.S. dollars, now shares about 25 U.S. dollars, just halved half. Of course, when Ballmer was CEO, coincides with the climax of the dotcom bubble, the beginning of the mark for him a little disadvantage, but, at the helm of the 10, Microsoft in addition to the PC field continue to occupy a monopoly position, the success of the company is not many, especially in recent years, Microsoft's growth in the rapid development of the tablet computer, The smartphone sector is showing weakness.　　Only 40% of Microsoft's employees surveyed showed support for his work, by the way, according to the latest research data from the Glassdoor.com review website, with Jobs ' approval rating at 97%. Looking at Intel, in May 2005, Otellini became the fifth CEO in the company's history, when he took the stock, Intel's share price was about $25 trillion, now stable at around 20 dollars, minus a steady annual dividend return, and investors ' stocks shrank by 20%. Objectively speaking, Otellini still has a few brushes on financial performance, especially the 2010 performance is the best fiscal year, net profit reached 11.464 billion U.S. dollars, but investors still do not buy it, the mobile Internet as a limited, market share is being eaten by arm.　　Grove, a former Intel CEO, said, "only the persecution of paranoia can survive," perhaps Otellini brought new things to the company or too little. Ballmer, Mr Otellini's performance is not outstanding, generally also a good position, or at least "conservative"-to do "conservative" is not easy, then, Nokia's former CEO Kallasvuo performance is a bit to make shareholders angry, Koningii 2006 as CEO, Nokia Corporation (ADR) The stock price is about 20 dollars, when he leaves office 4 years later, not only has the share price been halved, but more importantly, Kallasvuo's lack of innovation in the company's stifling bureaucratic culture has quickly been snatched by Apple and HTC in the burgeoning smartphone market, and when he is forced to step down,　　Nokia is becoming a second-rate player in handset makers. The latest example, and the incumbent Hewlett-Packard CEO Lee Ai, he was in November 2010, when the HP stock price of about 42 U.S. dollars, now closed to about 25 U.S. dollars, shareholders of the Germans also have a lot of opinions. The Hurd, who resigned as a result of the sex scandal, did a good job of creating shareholder value, with Hewlett-Packard trading at around 20 dollars in April 2005, and being selected as the world's best CEO in Barron Weekly.　　But with a strategic shift, Apotheker has a chance to prove himself. By stock price performance alone, may appear snobbish, moreover, the stock price performance bad explanation can find a lot of, for example, perhaps when the company is weak, or the capital market is not good, or investors really "Ching" did not find corporate value, or the previous benchmark is too stalwart, for example, They may be on the market by billions of dollars, now the world's highest market value of the company, but 350 billion of billions, what can be?　　Moreover, the enterprise product also has the life cycle, then gives jobs 10 the professional life, to see whether the Apple stock price can keep firm?　　But the CEOs have at least two points to refute: not only did they not satisfy their shareholders, but they did not bring too many exciting new gadgets to their users, and second, the world's most powerful it giants, in the same period of time, were indeed far lost to the "sick man" jobs. From a successor's point of view, Tim Cook, Apple's new CEO, should be the best candidate for the company, but just because he has been in an important position for many years and knows everything about the company does not mean he will continue to bring Apple to glory. Take a look at the CEO's time in the company before the helm: Ballmer was 20, Kallasvuo 26, and Otellini was 31 years.　　Previously, they have been involved in the company's important decisions, but the role of "top leader" is different eventually. Of course, Tim Cook still has the blessing of Apple fans and the support of shareholders, but the gradual fading of jobs is still one of Apple's biggest losses-though the financial statements are not directly reflected in the ever-changing IT industry, where talented CEOs are absolutely scarce resources.