Welcome to a Post-Steve Jobs Apple

It has been coming a long time - his illness has been quiet but well-documented, and he has been on medical leave 3 times - but it was still a shock to see the headlines: Steve Jobs resigns as CEO of Apple. Today likely begins a panicked sell-off of Apple stock, as touchy investors flee a company without the iCEO at the helm. But tomorrow likely begins a smug buy-up of all open Apple stock by bargain hunters, who realize Jobs leaves Apple with a well-trained executive team, molded in his own image, with a strong vision for the future.



First, as an Apple investor and owner of Apple products, I want thank Steve for his many years of service. A life is not to be judged on its wealth, which can be accrued thru virtue or thru sin. But a life is to be judged thru its accomplishments, and Steve has had many. He was part of the personal computer revolution with the original Apple. He was part of the GUI revolution with the Macintosh (technically starting with LISA). He was part of the network revolution with NEXT computers and then the iMac. And he is at the forefront of the mobile revolution with the iPod, iPhone, and iPad. Few men have lead through more transformations of the way we live and do business, and few have kept a consistent focus on customers.



Second, I want to reassure my fellow Fanboys that Apple will not die without Steve at the helm. Tim Cook has been CEO for several years now, de-facto, and the iRevolution has been as much about the executive team he leaves behind, as it is about Steve himself. Surely, he was the unifying visionary behind it, but there are many years of that vision left to go. I doubt the iPad is the last "One More Thing" to come out of Apple... perhaps not even the last one this year.



Third, I want to encourage Mod-Blog readers not to lose sight of the real base of this story. It is NOT a CEO resigning, or a visionary stepping down, or a world-class business changing hands. It is a human being fighting a difficult illness. Likely in the process of dying (although Steve Jobs is notoriously private about such things). Please be praying for him and his family - for healing if it be God's will, or for comfort if it is his time. While others are hand-wringing about supplies of the iDevice they lst after, let us show compassion for the man himself.



My thoughts. I am interested to read yours in the comments, or on Facebook, Twitter, or Google+.

The other side of the AIG bonuses debacle

While many of us lean right here at Mod-Blog, we try to tell both sides of the story whenever possible. So, it was with great interest that I saw the NYTimes had posted a resignation letter from an AIG executive who was in the middle of the bonuses scandal. It gives an eloquent defense of the bonuses and is worth a read.

The profitability of the businesses with which I was associated clearly supported my compensation. I never received any pay resulting from the credit default swaps that are now losing so much money. I did, however, like many others here, lose a significant portion of my life savings in the form of deferred compensation invested in the capital of A.I.G.-F.P. because of those losses. In this way I have personally suffered from this controversial activity — directly as well as indirectly with the rest of the taxpayers...As most of us have done nothing wrong, guilt is not a motivation to surrender our earnings. We have worked 12 long months under these contracts and now deserve to be paid as promised. None of us should be cheated of our payments any more than a plumber should be cheated after he has fixed the pipes but a careless electrician causes a fire that burns down the house.

Many of the employees have, in the past six months, turned down job offers from more stable employers, based on A.I.G.’s assurances that the contracts would be honored. They are now angry about having been misled by A.I.G.’s promises and are not inclined to return the money as a favor to you.

Cindy Sheehan says "No Mas"

After many years being the face of the Anti-War fringe, Cindy Sheehan has decided to bow out of her quest to end the Iraq War and impeach GWB.

This is my resignation letter as the "face" of the American anti-war movement. This is not my "Checkers" moment, because I will never give up trying to help people in the world who are harmed by the empire of the good old US of A, but I am finished working in, or outside of this system. This system forcefully resists being helped and eats up the people who try to help it. I am getting out before it totally consumes me or anymore people that I love and the rest of my resources.

Good-bye America ...you are not the country that I love and I finally realized no matter how much I sacrifice, I can’t make you be that country unless you want it.

I can't say that I will miss Cindy Sheehan. She never brought any kind of rational argument to the debate, and merely served to distract from any real discussion of the issues. However, I wish her well in her attempt to restore her life to some semblance of normalcy.