Steve,Jobs,Financial,Times,Per business, insurance Steve Jobs Is Financial Times' Person of the Year
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Normal 0 false false false EN-US X-NONE X-NONE Britain's Financial Times has named Steve Jobs, the brains behind the mostinfluential company in the consumer technology world, Apple, as Person of theYear.The distinction of being chosen as the most fascinating figure for 2010 by akey influence driver in the business world caps Apple's phenomenal year whichpeaked during the launch of the iPad and the iPhone 4.Jobs, according to the Financial Times, has managed to push Apple back totop form after a period when he and the company he co-founded were consideredas finished. UK's top daily newspaper also notes that Apple continues to createjobs even when most companies in the U.S. are firing employees to cut costs.The $287.5-billion Cupertino, California-based company with a knack forspawning breakthrough products such as the iPod and ITunes, and Mac laptop hasa worldwide annual sales of $65.23 billion. Apple is number 2 on BloombergBusinessweek's 26 Tech Hot Growth Companies for 2010, eclipsed only by China'sTencent Holdings.The 55-year-old Jobs, known to the electronics world as the insanelycreative, black turtleneck-clad genius, set the stage for Apple'sexcitement-packed year with the introduction of the iPad tablet in April. Therevolutionary slate-style gadget which ushered in the era of tablet computingsurpassed the 1 million sales mark only 28 days after it was launch.Goldman Sachs expects some 37.2 million iPads to be shipped by next year,making Apple among the biggest vendors in the personal computing market.And then there was the slate smartphone, the iPhone 4. The Wall StreetJournal's Walt Mossberg hailed the iPhone 4 as "the best device in itsclass," while Engadget described it as "the best smartphone on themarket right now."In a news conference, President Obama praised Jobs for his innovation."We celebrate somebody like a Steve Jobs, who has created two or threedifferent revolutionary products. We expect that person to be rich, and that'sa good thing. We want that incentive. That's part of the free market,"Obama said.Earlier, Time Magazine named Facebook CEO Mark Zuckerberg as its Person ofthe Year. Time said the 26-year-old Harvard dropout with a net worth of US$6.9billion was given the award "for connecting more than half a billionpeople and mapping the social relations among them; for creating a new systemof exchanging information; and for changing how we all live our lives." Article Tags: Steve Jobs, Financial Times
Steve,Jobs,Financial,Times,Per