Steve Jobs' Death is a "Tremendous Loss and a Sad Day" for Apple, But the Company is "Prepared to Move On"

“I think the brand is very strong and the quality of people is very strong,” says Crowell, Weedon & Co.'s James D. Ragan.

Ragan, a senior equity analyst, told Benzinga that this was obviously a tremendous loss and a sad day. But from a company standpoint, he thinks that Apple (NASDAQ: AAPL) did a good job this year indicating that Jobs' health was deteriorating.

“The company is prepared to move on without him,” said Ragan. “I think there's a product road map for the next few years.” Other analysts agree.

“[There is a] lot of growth left at Apple,” said Ragan, adding that the international market is just being tapped. “[The] stock is still relatively undervalued.”

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