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Apple is a company that is very clearly in need of an world class succession plan. It needs to be public...

You do realize that, on the day Apple announces such a plan, there will be a massive panic sell and the stock price will crash.

Everyone will assume that the public announcement of such a plan is a signal that Jobs is eyeing the door -- the guy isn't obligated to run Apple for the rest of his life and he certainly doesn't need the money.

If I were Apple I would create a world-class succession plan, inform the chosen successors and the board, and then lock the plan in that vault where they've been keeping the iPhone 3G.

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