The business world is now pondering what impact the death of Apple’s inspirational leader Steve Jobs will have on the technology giant and asking the question will this give Apple’s rivals a greater chance to catch up?
Tech watchers say Jobs’ creative spirit was so closely tied to Apple’s fortunes that there are questions about the future pace of its pipeline of transformational products.
Mark Newman, a senior analyst with Sanford Bernstein said: “I’m not going to say it’s the end of Apple’s innovation, I believe they’ll continue. They have many, many great people there, but they’re coming under increasing attack by companies especially Samsung. Especially at the low-end, as well as the high-end. And I think without Steve Jobs, this is going to get worse for them to fend off.”
Jobs’ commitment to minimalist design and his marketing genius brought forth a string of game-changing and share-price-boosting products – from the first Macintosh in 1984, through the all-in-one iMac, the iPod music player, the original touch screen iPhone, four years ago, updated just this week with the 4S, and the net book killer – the iPad tablet computer, which left rivals scrambling to catch up.
Analysts said South Korea’s Samsung is one of the best placed companies to make inroads on Apple’s market. It already has the closest competitor by sales to the iPad and is catching up with smartphone sales.
Samsung’s share rose on news of Jobs’ death, as did other rivals, LG Electronics, HTC and Sony.
Copyright © 2015 euronewsMore about:
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Exclusive: CIA and Mossad are behind Boko Haram and ISIL, says Sudan president | euronews, world news
- 3eurovibes - a selection of Europe’s best music talent
- 4English and Spanish among happiest languages | euronews, world news
- 5Greek debt: who will pay if Greece fails? | euronews, world news
- 6Tens of thousands march in Moscow in memory of Boris Nemtsov | euronews, world news
- 7International news | euronews, latest international news
- 8Exclusive: Tsipras promises meritocracy, transparency for Greece, urges Europe to put people first | euronews, world news
- 9Watch: Ukraine MPs in fierce fist fight outside parliament | euronews, world news
- 10Dramatic dashcam video captures Taiwan plane crash | euronews, world news
- 11Data ‘mocks’ claims migrants try for Europe ‘expecting’ sea rescue | euronews, world news
- 12European Union News | euronews: latest breaking news and headlines about European Union
- 13Kosovo emptying out, hopes for independent future exhausted | euronews, world news
- 14‘Blue’ dress causes internet confusion. Is it white and gold? | euronews, world news
- 15Live updates: follow the 2015 Oscars ceremony | euronews, world news
- 16euronews apps : iPhone, iPad, Android, Windows Phone 8, Windows 8, Nokia S40, Nokia Asha, Smart TV and Google Glass
- 17Implanted RFID chip controls office access for Stockholm workers | euronews, hi-tech
- 18Barack Obama’s silly Buzzfeed video goes viral | euronews, world news
- 19Elastic road surface reduces motorway noise pollution | euronews, futuris
- 20Canada: Valentine’s Day mass shooting plot foiled say police | euronews, world news
Wires > Business
- 22:24 CET U.S. stocks retreat from record highs, dollar dips
- 21:39 CET LME mulls expanding electronic Sword system after Qingdao fraud
- 20:08 CET Ryanair to demand details of IAG’s plans for Aer Lingus
- 19:47 CET U.S. stocks recede from record highs, dollar slips
- 19:36 CET Irish parliament passes plain tobacco packaging law
- 18:48 CET UK close to sale of Eurostar rail stake to UK, Canadian funds – Sky
- 18:03 CET FTSE falls back from record high as Smith & Nephew slumps
- 18:01 CET Rifkind to step down from Unilever board