Apple's history shows that none of the many CEOs who led Apple between Jobs I and Jobs II did anything to place the company at the vanguard of the industry as Jobs did. I don't see Tim Cook, the current CEO, being an exception to this succession of failed CEOs between Jobs I and Jobs II. I do not see Cook bringing Apple back to its glory days of the near past. (Disclosure: I don't have a position in Apple stock, except perhaps through index funds I own. I also suggested to my college-student son that he should sell his two shares when Apple's stock was at around $700, and he told me that he had.)