As soon as Steven Jobs passed away, this guy's highest priority is to tell the world he is gay and the new chief executive of Apple.
A week later they release a phone that bends permanently out of shape after it warms up in somebody's pocket, an engineering disaster.
Investors notice these kinds of things. They notice when a CEO is not assuring stockholders the company is in secure hands but is instead a flake telling people he recently got into a gay marriage like that is the focus of his job at Apple. Investors are not stupid. They know when the fruitcakes have taken over. It is amazing Microsoft was not in worse shape with Steven Ballmer at the helm. I think the people at Apple are even more clueless than the Balmy was when he assumed control over Microsoft.
Apple and Microsoft were great companies for a while. The problem is that soon or later they had to pass into the hands of Kwanzanians and these people could not organise a bowel movement that didn't end in a tragic mess.