Prince Alwaleed bin Talal, one of the billionaires of the Middle East and one of the shareholders of the Apple company, stated in a recent interview that the next 5-6 fiscal quarters of the Apple company will be dominated by the influence of Steve Jobs. He claims that only in 2 years we will be able to judge the current management of Apple because for now Tim Cook is following the future strategy planned by Steve Jobs before his untimely death in October of last year. The prince claims that the only area in which Cook has changed something is related to the monetary reserve of the Apple company, which was used for several acquisitions and investments last year and this year.
The strength of Steve Jobs is that he established a company that's clearly moving on all cylinders and clicking very well. For the next five, six quarters, this will still be the legacy of Steve Jobs. I think maybe two years from now, we will see what happens with the new management.
The truth is that Steve Jobs could not leave the company he founded and for which he worked so hard without a solid strategy for the future and I believe that the predictions of the Saudi prince will come true. If Apple follows the instructions of Steve Jobs, then the company will continue to enjoy the same success as it has until now, but at some point the management will have to intervene and the strategic changes they will make will keep the company at the current level, they will take it to a higher level or they will bring it to the level of the 90s when Steve Jobs saved it from bankruptcy.
