SOURCE: The Bedford Report

The Bedford Report

January 20, 2011 11:25 ET

Weighing the Importance of the Tech CEO

The Bedford Report Provides Analyst Research on Apple & IBM

NEW YORK, NY--(Marketwire - January 20, 2011) - CEOs in the Tech Sector have always garnered headlines -- most market watchers would argue more than in any other sector. The CEO's responsibility in guiding employees and executive officers towards a central objective is of significant importance in the tech sector due to the speed at which innovative products hit the shelves. In the past year, a countless number of technology stocks have been sent plummeting after headlines regarding a company's CEO frightened investors. From sex scandals and health concerns to simple age factors, the exit of a popular CEO can spell trouble to a tech stock. The Bedford Report examines the outlook for companies in the Technology Sector and provides research reports on Apple, Inc. (NASDAQ: AAPL) and International Business Machines Corporation (NYSE: IBM). Access to the full company reports can be found at:

Apple's shares fell hard to kick off the week following an announcement that the company's legendary CEO Steve Jobs will be taking another medical leave of absence. For the third time in seven year Jobs, a cancer survivor, has left the company in the hands of Chief Operating Officer Tim Cook. Analysts argue that provided Jobs does return, Apple's stock shouldn't be hurt too badly from the news.

Outright retirement, however, could be a different story. Eleven years ago when Bill Gates -- who carries the similar "cult like" status as Jobs -- stepped down as Microsoft's CEO, shares plunged close to fifty percent.

The Bedford Report releases regular market updates on the technology sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

Though merely rumor, reports last year speculated that IBM CEO Sam Palmisano could leave his post this year. IBM CEOs have a longstanding tradition of stepping down at the age of 60 -- the exception being John Akers, who was forced out by IBM's board before he reached that age. Palmisano has been the company's CEO for around eight years and will be 60 years old in July.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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