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Steve Jobs Is Back!

Tim Beyers
March 3, 2011

The truth about yesterday's iPad 2 launch is that it didn't matter. Seeing Steve Jobs on stage looking like a CEO, on the other hand, was huge.

But don't take my word for it. In the minutes after Jobs appeared on stage to introduce Apple's (Nasdaq: AAPL  ) newest iOS device, the stock jumped more than 1%, ultimately closing up 0.8%. Jobs, not the iPad, was the catalyst investors cared about.

That's understandable. Jobs has long been the visionary underlying Apple's groundbreaking products. His uncompromising standards have led to multibagger returns for longtime shareholders.

But give Apple and the iPad 2 their due. A new dual-core A5 chip design adds a lot of speed, if you believe the reviews flying around the web as I write thi