This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Damn Steve Jobs for Dying and Killing Apple

NEW YORK ( TheStreet) -- So the CEO of France Telecom (FNCTF) says a post-Steve Jobs, Tim Cook-led Apple (AAPL - Get Report) is easier to work with.

The components of my long-term bear case on Apple continue to come together. It's a narrative we'll look back on but it won't seem funny. Apple is dying right before our eyes.

And Tim Cook is killing it or, at the very least, he's a helpless, well-intentioned and ultimately innocent bystander standing by the side of the road watching the iCar careen uncontrollably off a cliff.

I can think of so many Bruce Springsteen lines to bring to life what's happening here. They all come from the introspective, melancholy segments of his vast catalog.

This is how I feel. Yeah, it's selfish and somewhat insensitive, but hear me out.

Blame it on the truth that ran us down you can blame it all on me Terry/It don't matter to me now when the breakdown hit at midnight/There was nothing left to say but I hated him and I hated you when you went away (from "Backstreets").

We're watching Apple die. I feel as warped and messed up for saying this as it sounds, but it's all Steve Jobs's fault for dying on us. There was and is nothing Tim Cook could do anyhow.

Some perspective: Who cares if Apple dies?

In the grand scheme of things I really don't. When I think of Steve Jobs dying of cancer, I think of my mother-in-law, who, one year ago this past weekend, lost her life to the disease. That's what matters. That's the stuff to get serious and really angry about. The feeling I feel when I think of Gina being gone cuts to the core of how you feel when somebody you always expected to be around is no longer around. It's not right. Life isn't fair. Sometimes it sucks. You can't explain it.

To deal with the pain of life's hardships, we find ways to cope. I listen to Springsteen. You have your own therapeutic mechanisms, I am sure. To carry on in a state of something better than depression, we find things that interest us. We get all passionate about them. Things that, again, absolutely mean nothing in the grand scheme of things, yet we treat them with the seriousness and intensity of a seemingly impossible cancer fight.

Things like sports (Leafs/Habs tonight in Toronto! #GoLeafsGo!). And ... things like Apple. Hopefully I have succeeded in creating an understanding -- or at least a tolerant, open-minded acceptance -- of why I treat this subject matter the way I do. Simply stated, we subscribe to relatively unimportant things to be way over-the-top passionate about because it helps us cope or, at the very least, persist with what we think are better, more full lives.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $132.65 0.00%
FB $81.91 0.00%
GOOG $555.37 0.00%
TSLA $231.55 0.00%
YHOO $44.36 0.00%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs