Santiago Fontiveros

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Life After Chávez: The Apple Can Fall Far From the Tree

By Santiago Fontiveros

The day Steve Jobs died, after a much publicised  battle with cancer, Apple’s shares rose in the stock market - analysts called it “a tribute”. The next year Apple’s stock continued its steady rise, becoming the most valued company ever as measured by market capitalisation. His successor - Tim Cook - had long been in the making, assuring the market he could handle the company after Jobs was gone. Yet, as time goes by, Apple, its shareholders, Cook, and the millions of users around world, are painfully reminded that perhaps there can only be one Steve Jobs - and Apple - as it was, can only be under his tutelage. This lesson could serve Nicolas Maduro well, as he faces the daunting task of governability and survival of the Bolivarian revolution without the charisma of its colourful founder.