A common refrain from Apple critics is that without the visionary talents of Steve Jobs steering the ship, Apple is toast. Just recently, former Microsoft COO Bob Herbold added his name to the long list of people who are pessimistic about Apple's ability to innovate during the post-Jobs era.
I think the stock market is telling us that the public is beginning to believe that Apple really doesn't have strong visionary leadership. Apple will be a solid technology company, but the Apple era may be on its way out.
There's no question that Jobs