I'm sure the majority of the article is valid, but Apple's stock skyrocketed after Job's death. I'm sure it's an outlier but kind of wish that had been acknowledged given the image used.
It was fairly well known for months before Jobs' death that he was ill, and that he wasn't very involved in the day-to-day operations of Apple anymore, and that Tim Cook was clearly going to be his successor, and had already taken on many if not most of the CEO's duties.
Even then, AAPL dipped a little during Oct 2011 (Jobs died on Oct 5th), recovered in November, and then started really moving upward over the next 2-3 months. I think the large jump can be attributed to how well and how successfully they handled the transition, and to the point that people -- as much as they viewed Jobs as key to the company's success -- realized that Apple could still perform well without him, based on the idea that the "cult of Jobs" didn't end with his death.
It was fairly well known for months before Jobs' death that he was ill, and that he wasn't very involved in the day-to-day operations of Apple anymore, and that Tim Cook was clearly going to be his successor, and had already taken on many if not most of the CEO's duties.
Even then, AAPL dipped a little during Oct 2011 (Jobs died on Oct 5th), recovered in November, and then started really moving upward over the next 2-3 months. I think the large jump can be attributed to how well and how successfully they handled the transition, and to the point that people -- as much as they viewed Jobs as key to the company's success -- realized that Apple could still perform well without him, based on the idea that the "cult of Jobs" didn't end with his death.