Wednesday, December 17, 2008

Apple Cancels MacWorld

It is a sad day for Mac lovers and it seems Jobs won't be at the final MacWorld as well.

Apple shares fell to $91.85 in premarket trading from their Nasdaq close of $95.43. Late Tuesday the company said that a product marketing executive would deliver the opening keynote for its annual Macworld show in January instead of Jobs.
Apple also said the show would be its last Macworld.


I guess Apple just ran out of new ideas now and has to go back to the drawing board. The bad part is that Jobs might be sick and if he dies then who knows what happens. I wonder if there are some talented people at Apple waiting in the wings? Jobs really needs to introduce his protege to reduce the chance of a 30+ point drop in the stock if he dies.

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