The CEO of Yahoo, Carol Bartz, expressed confidence that investors consider the time required to resuscitate Steve Jobs to Apple Inc., with increasing impatience for her to have achieved the upturn in stock market value of the company Internet.
At a meeting Tuesday to celebrate the 15th anniversary of Yahoo Inc., Bartz reminded the press that Apple remained in difficulties for some time even after the arrival of Jobs as CEO in 1997.
Hard trance that characterized the return of Jobs to the company he co-founded two decades earlier.
Not until Jobs introduced the iPod in late 2001 when Apple returned to profit and the company's shares rose in price again.Apple even became more prosperous in recent years after the most elegant computers developed and modern appliances, like the iPhone and iPad, a tablet computer type, which according to ad goes on sale later this month.
Jobs "was aware of the DNA (Apple) better than anyone and it took four years (the recovery)," Batz said."I realize that people (investors) want magical things happen (at Yahoo). The magical things happen in the deep interior of our little system here," he said.
The price of Yahoo shares rose nearly 30% since Bartz took office 14 months ago, although revenue and profits have increased at lower rates. Shares of Yahoo closed Tuesday at $ 15.73, down six cents.
Apple shares have risen almost 50% 14 months after the return of Jobs as CEO. Shares of Apple fell 14 cents Tuesday and closed at $ 208.81. This represents an increase of 37 times compared to the level they had when they named Apple CEO Jobs on September 1997.Yahoo shareholders may be happy if Bartz does increase the prices of the company's shares above the $ 33.
That amount is what Microsoft Corp. said it would pay to buy all of Yahoo in May 2008, but later withdrew the offer after Yahoo rejected.
Bartz, 61, has with Yahoo a four-year contract that expires in early 2013.
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