Another data point is Jobs' absence from 1985 to 1997. The stock rose incredibly for 2 years ($2 to $14), then flat for 6 years, then fell for 4 years (to $3.4).
It's utterly ridiculous to extrapolate from this, because so many other factors influence stock price and business performance - but it's more or less what you would expect of an organization supporting a brilliant leader, and is a tantalizingly similar data point with respect to Jobs presence.
This has surely been discussed endlessly elsewhere, but I think it's impossible for an autocrat to cultivate an autocratic successor - why would Jobs put up with another autocrat (and why would the autocratic successor put up with him?) I think this is a slightly different angle from the "cult of personality" aspect.
It's utterly ridiculous to extrapolate from this, because so many other factors influence stock price and business performance - but it's more or less what you would expect of an organization supporting a brilliant leader, and is a tantalizingly similar data point with respect to Jobs presence.
Note that it wasn't entirely plain sailing after the return of Jobs. http://www.google.com/finance?chdnp=1&chdd=1&chds=1&...
This has surely been discussed endlessly elsewhere, but I think it's impossible for an autocrat to cultivate an autocratic successor - why would Jobs put up with another autocrat (and why would the autocratic successor put up with him?) I think this is a slightly different angle from the "cult of personality" aspect.