Steve Jobs Is Person of The Year, Obama Praises

So Steve Jobs didn’t achieve all Apple’s success by himself. He is still one of the reasons Apple has achieved what it has in the past few years. The rise of iPod, iPhone, and iPad have given the company a whole lot to cheer about. The Financial Times seems to agree. It has just awarded Steve Jobs with its Person of The Year award for 2010. The award is well deserved. Steve Jobs has climbed the rankings as far in the “wealth creation” department. The CEOs from other large companies (e.g. Steve Ballmer) have not been able to keep up or have lost a few places.

Barack Obama seems to be very fond of Steve Jobs too. Apparently, those who are aiming to achieve the American dream should have a look at Apple CEO and what he has accomplished:

And something that’s always been the greatest strength of America is a thriving, booming middle class, where everybody has got a shot at the American dream… So that we celebrate wealth. We celebrate somebody like a Steve Jobs, who has created two or three different revolutionary products. We expect that person to be rich, and that’s a good thing. We want that incentive. That’s part of the free market.

While the president may not be exactly accurate with his comments, Apple has reached new heights under the guidance of its current CEO. There is a reason he is considered the CEO of the decade. The company almost felt lost without him when he took a break to address his illness. Can Apple continue its growth when the time comes for Steve to move on?

Apple’s success has been good news for the tech sector and shows that innovation is alive and well. The bad news is, Apple can’t help fix the U.S. economy by itself as President Obama put it:

All of us have to be in a conversation with the private sector about what’s going to ensure that we can export and sell our products instead of just buying exports from someplace else. How do we make sure that the green technologies of the future are made here in America? And how do we get all these profits that companies have been making since the economy recovered into productive investment and hiring? That’s a conversation that I had with the 20 CEOs who came here, and that’s a conversation I expect to continue in the months ahead

Things change very quickly in this business. Can Apple� reach even new heights in the next decade? We will have to wait and see.