Apple's Doomed? More Than One Person Thinks So
I am not one to claim I have been creatively compromised. I just believe in synchronicity. Ever since Sting, Stewart Copeland and Andy Summers decided to put that word in the title of two of their albums, I have been somewhat obsessed with it. Maybe it is -- and I say this with a sarcastic smile on my face -- just that great minds think alike.
Consider the following excerpt from the above-mentioned Bloomberg article titled "Apple Doomed to End Up Like Sony, Says Forrester CEO":
In a blog post pitched today by his spokesman as "something provocative," Forrester Research CEO George Colony said that without co-founder Steve Jobs at the helm, Apple will "coast and then decelerate" ...
Colony's reasoning is that without Jobs's charisma, design vision and ability to take big risks, Apple will end up like Sony, a rudderless organization that will have a long, painful decline ...
Forrester's chief said Apple's board should have found another charismatic leader to replace Jobs instead of Tim Cook, whom he described as "proven and competent."
"His legal/bureaucratic approach will prove to be a mismatch for an organization that feeds off the gift of grace."
Colony went on to argue that Apple will shift "from being a great company to being a good company."
While I am not 100% on board with the Sony comparison, I agree wholeheartedly with everything else Colony said. In fact, I uttered eerily similar words across the Web before Colony went public on his blog. Here's a sampling:
March 29, 2012
Apple is left with a mere mortal as CEO. A man who is hardly the creative and marketing genius Jobs was. Tim Cook does well shaking hands with foreign politicians, but, he's in a tough, almost impossible job as Apple attempts to move forward. He's living on borrowed time.
April 20, 2012
Just like the path to success, the road to failure or, at the very least, mediocrity, will not present as a swift and straight path.
April 23, 2012
... an Apple without Steve Jobs will likely lose its luster and enter a relatively slow decline to merely being good, not great.
Now, to be clear, other than expressing some ultimately unnecessary caution ahead of Apple's earnings report, I have been quite bullish in the near-term.
While I continue to gush over Apple's present dominance like everybody else does, I refuse to put on the blinders like many AAPL permabulls. It's nice to see somebody else thinking -- and saying -- the same thing, even if he does not give me a nod with a footnote.