Apple Up 10% Since Jobs Retirement

For people who have been keeping an eye on Apple’s stock for a long time, there was a widespread fear that when Steve Jobs retired that AAPL would plummet. Given his charismatic leadership, him leaving could do some serious damage. However, when Jobs did finally step down, Apple’s stock stayed stable, and Tim Cook looked to be an excellent replacement.

Now, even in the face of a Wall Street loaded with stocks falling, AAPL has reached an all time high, hitting more than $411 per share, href="http://thenextweb.com/apple/2011/09/20/apple-closes-trading-at-all-time-high-of-411-63-up-10-1-since-jobs-stepped-down/">up 10% since Steve Jobs retired.

Don’t get too complacent, though. We’re still under Jobs inertia at this point, and probably will remain so for the rest of the year. 2012 will prove to be the real test for Cook and Apple under his leadership.