Can Apple Afford to Lose Jobs?

What did Steve Jobs know, and when did he know it?

That’s the $64-million question, and while Apple has been adamant that Jobs was unaware of any financial shenanigans, some of his recently made redundant former colleagues have different takes. But unlike many other companies that are facing questions over their options practices, Apple’s reliance on its founder and leader and the Cult of Steve makes this a unique case.

Personally, I find the notion that Jobs, a notorious micromanager, was unaware of what was going on hard to swallow. But are we willing to upset a great American success story — and quite possibly take down Apple for a second time — by forcing out Mr. iPod? In short, what’s a fair price for Apple and Jobs to pay if it turns out they have misled the SEC?

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About Mike

Mike Buetow is editor-in-chief of Circuits Assembly magazine, the leading publication for electronics manufacturing, and PCD&F, the leading publication for printed circuit design and fabrication. He is also vice president and editorial director of UP Media Group, for which he oversees all editorial and production aspects. He has more than 20 years' experience in the electronics industry, including six years at IPC, an electronics trade association, at which he was a technical projects manager and communications director. He has also held editorial positions at SMT Magazine, community newspapers and in book publishing. He is a graduate of the University of Illinois. Follow Mike on Twitter: @mikebuetow

2 thoughts on “Can Apple Afford to Lose Jobs?

  1. Who do you think is going to force Steve Jobs to resign? Greenpeace?

    The way things are now, even if he goes to jail, the shareholders won’t complain. Instead of iCEO standing for intermin CEO, Steve could be the incarcerated CEO, and run the company from his cell.

    Worse comes to worst, Apple could hire Bill Clinton to as a temporary stand-in iCEO. To paraphrase Garp, “He is pre-scandeled”.

  2. Apple lose Steve Jobs?
    Bah!

    Steve W. makes a point so relevent it’s worth repeating: There’s no victimized investors.

    Without lost retirements and no life savings drained, I see a worst-case scenario where Jobs gets a Martha Stewart anklet and does 18-months of work from home.

    And while Steve’s doing time at Casa Infinite Loop, we can expect a new campaign for the iPhone, AppleTV and Job’s new book, “iDidn’t iSwear”

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