Response to Chris Cheever

Recently Apple launched their iPad 2 which Steve Jobs appearing briefly from his medical leave. An article from cnbc.com stated that "Shares of Apple jumped immediately following reports of Job's presence...Now my question is are these corporate and technological geniuses over idolized? Or are people not looking past the face of these companies?


I personally feel, that Steve Jobs deserves to be idolized as much as he is. He is the creator and genius, among other things, for creating all of these Apple products. Now I agree that he is not the ONLY sole important figure to the company, I do think that he is a billionaire for a reason. People have been investing their money into the stock market, buying shares of Apple because they see success. When news headlines flash saying he is ill, they immediately sell their stock. I recently learned in my Financial Management class that the stock market mirrors the economy. If people are spending hundreds of dollars a share for Apple, they are willing to make the risk of it failing. When CNBC says that Job's is present again in the company, it shows stockholders that the creative genius behind the iPad and iPhone is back in action!