Morning coffee #4
It’s interesting that Karen and I are seeing all sorts of people out jogging in the morning, when it’s six degrees out. Somehow these people disappeared (like the ducks) during the Legendary Cold Snap of 2009.
But the coffee is brewing now, so on to the good stuff …
Yesterday, as can be read about here, here, here, and here, Steve Jobs went on medical leave. Naturally, this caused the stock to plunge. But why does that seem natural? Apple owns the leading online distribution network for music, and are unveiling a new price model. Is the company run so poorly that the absence of a single man can damage it so much? But if that man is the person responsible for running the company, doesn’t that suggest that someone else should be doing that job, anyways — surely a good CEO would make sure he had deputies who could compensate for his absence? It would appear to me that Apple stocks are on a bit of a bubble. Sooner or later, Jobs will have to step down for health reasons and Apple stock will crash on that basis. And then we’ll get to see whether he has built a healthy company or not.
A random image:
An amusing little dictionary blunder
Today’s webcomic is courtesy of Dinosaur Comics:
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