It’s too late to sell your Apple stock. If you sold it today, you are a genius. But tomorrow? You’ll be the biggest loser.
Why? Apple has the best team, the best distribution, the best supply chain, the best management in the business.
Everyone, from Palm to Microsoft to Google wants to be like Apple.
Hint: they can’t.
Hint: they won’t (although Palm got very close by hiring a ton of key iPhone execs and developers and PR people away from Apple).
Apple is more than just Steve Jobs. Now you’re about to find out just how much more.
If you sell your stock you’re an idiot. Yes, it’ll be down big in the morning. Yes, the news is sort of shocking. But Apple is fine and we’ll all buy the next big thing that they do no matter who brings it to us. Steve Jobs has built a killer team that everyone wants a piece of and that culture will be around for years. I met many of them in China and they are regarded among supply chain guys there as the best in the business (and the most demanding). That won’t go away because Steve isn’t at the helm anymore.
Oh, and to Steve Jobs: I wish you and your family all the best. This is a tough business to be in front of all the time and you’ve set the standard very high for your team. Now stand back and watch them shine.