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Turning Against Jobs? (12/20/97)
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A scant two days before the end of our 90-day Jobs Progress Countdown, Mac OS Rumors mentions the undercurrent of dissatisfaction and impatience growing among Mac users, and especially Apple stockholders. The latest PR drawback--Apple's announcement that a CEO will not be named before the year's end as originally planned--is being blamed on Jobs' refusal to step down from the board of directors; no one wants the job if it means that Steve will be looking over their shoulder.

Rumors points out that Apple's product line, while improved, is following a similar schedule to that set out by the ousted Amelio, and still no profit has been made. Stockholders are upset that Jobs refuses to step down in order to bring a good CEO on board who can make an effective turnaround. Jobs claims he would need to advise any new CEO in order for the appointment and turnaround to be successful.

Steve asked that we give him ninety days to make some progress. And some progress has been made, to be sure-- but the bottom line is, Apple is still a long way from returning to profitability, and its stock is slipping towards a ten-year low. The question is, how much longer should the stockholders wait?

 
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The above scene was taken from the 12/20/97 episode:

December 20, 1997: (Sorry—this was before we started writing intro text for each episode!)

Other scenes from that episode:

  • 286: The 90-Second Rebuttal (12/20/97)   AtAT's learned a bit more about the next episode of "Redmond Justice," thanks to the hardy newshounds at Bloomberg News. Everyone's favorite courtroom drama may take a decidedly anti-Microsoft spin in its next installment, due to air on January 13th...

  • 288: One War is Over (12/20/97)   What the?!... Okay, what's up with Microsoft and SGI collaborating on a new 3D API, code-named "Fahrenheit?" We just read about this over at MacCentral, and it just doesn't sound possible. Microsoft's Direct3D vs...

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