Agreed on all points. I suspect the problem is that characters such as Gates and Jobs, who are focused visionaries don't leave much room in the highest ranks for people like themselves. To put in another way, put two Steve Jobs' in one room, and only one will leave.

So the people who excel in companies like Microsoft and Apple can't be the same kind of uncompromising visionaries like Jobs and Steve, they are almost by definition the best #2 guys in the industry.

I expect that Apple will slowly turn into Ballmer-era Microsoft. Profits will climb for a while, but the new leader won't likely have the guts to attack new markets and develop revolutionary products. For if the executive did want to do those things, he would have started his own company 20 years ago.