updated 11:18 pm EDT, Mon August 12, 2013
Oracle exec expects history to repeat itself
Oracle CEO Larry Ellison has voiced a seemingly pessimistic outlook for Apple's prospects without the ongoing leadership of Steve Jobs, according to an interview with Charlie Rose on CBS This Morning. When asked to comment on Apple's future under new leadership, Ellison says "well we already know" and references the company's troubled history between Jobs' resignation in the '80s and his return in the late '90s.
"We saw, we conducted an experiment," Ellison added. "I mean, it's been done. We saw Apple with Steve Jobs, we saw Apple without Steve Jobs, we saw Apple with Steve Jobs, and now we're gonna see Apple without Steve Jobs."
In a 2012 discussion at the All Things D conference, Ellison reminisced of his friendship with Jobs after the two executives became neighbors in Woodside, California. The Oracle founder once told Jobs that "brick and mortar" stores were dead, to which the late CEO responded "we aren't using bricks and mortar; we're using glass and steel."
"He wasn't trying to be famous. He wasn't trying to be powerful," Ellison said at the conference. "He was obsessed with the creative process and building something that was beautiful."
Although Ellison does not typically garner as much attention as Steve Jobs, his "self made" success story shares several common elements. Both executives were raised by adoptive parents and later dropped out of college before beginning career paths that eventually led them to found two of the biggest companies in the tech industry, and both companies were pushed to the brink of bankruptcy in the early '90s.
"He was brilliant," Ellison said in the recent interview. "He was our Edison; he was our Picasso; he was an incredible inventor."
CBS This Morning is scheduled to show the full interview with Ellison on Tuesday.