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Businesses Oracle Apple

Larry Ellison Believes Apple Is Doomed 692

Posted by timothy
from the in-the-long-run-we're-all-doomed dept.
Nerval's Lobster writes "Oracle CEO Larry Ellison thinks that Apple will collapse without Steve Jobs at the helm. In a televised interview with CBS News, scheduled to air August 13, Ellison called the deceased Jobs 'brilliant' and compared him to iconic creators such as Thomas Edison and Pablo Picasso. When asked about Apple's future now that Jobs is dead, Ellison didn't hold back: 'We already know, we saw — we conducted the experiment, it's been done.' Raising his hand above his head, presumably to indicate the rise of Apple's fortunes during Jobs' initial reign, Ellison said: 'We saw Apple with Steve Jobs.' Then he lowered his hand: "We saw Apple without Steve Jobs." In other words, the period following Jobs' ouster, when the company's revenues declined and it launched whole portfolios of consumer products that failed. 'We saw Apple with Steve Jobs,' Ellison continued, raising his hand above his head again — this time, to suggest that incandescent period following Jobs' return to the company, when it released the iPod, iPhone, iPad, and a variety of bestselling PCs. 'And now, we're going to see Apple without Steve Jobs,' he finished, and his hand fell."
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Larry Ellison Believes Apple Is Doomed

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