A Life, Influence the Whole Market

Steve Jobs died from cancer at his 56 years old yesterday. The whole world recognized this as a loss of technology industry and even for the evolution of human-beings. Because he is one of the most visionary and creative genius in technology area, he changed this world by the product he created through his life. Products of Apple are the most popular electronics because of its irreplaceable advanced applications, software, and hardware in the current tech market. With the extraordinary selling:  129 million iPhones, 29 million iPads and 300 million iPods, the output nearly equal to the amount of population of the world.  If he’s still alive, we can probably predicted that how much value he could create for the market.  It’s like the end of the innovators,” said Scott Robbins, 34, who described himself as an Apple fan of 20 years and who rushed to an Apple Store in San Francisco when he heard the news.

To mourn Steve Jobs, people posted a revised Apple logo which stylized with a bite on the apple to show their deeply grief.  On Twitter, “Thank You Steve” and “iSad” were still high on the list a day after his death. Even I set my iphone lock screen to Steve’s photo. However, how the stock market reacts to this is the main concern of me. It supposed to be a big drop for the stock market of Apple in my opinion, but it turns out to be pretty optimistic. Just a slightly change of 2% decrease for its market value. As for Apple’s major competitors, such as Samsung, there is an obvious rise of stock market for it.  This still shows the market is downgrading Apple’s future.

 

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