On an episode of CBS This Morning, Oracle CEO Larry Ellison has said that "we already know" what the future is going to be like for Apple without Steve Jobs. Ellison said that "we conducted that experiment", in reference to the time Jobs was effectively fired from Apple in the 1980s, predicting history will repeat itself.

We saw Apple with Steve Jobs. We saw Apple without Steve Jobs. We saw Apple with Steve Jobs. Now, we're gonna see Apple without Steve Jobs.

Ellison was a good friend of Jobs, and believed that most of Apple's success can be attributed to the ex-CEO and his leadership. The iPod, iPhone and iPad were all extremely successful products conceptualized under the reign of Jobs; Ellison made it clear that without Jobs' leadership, the company's fortunes aren't looking as bright as they once were.

Then-Apple-CEO John Sculley famously fired Steve Jobs from the company he founded in 1985 following a power struggle and period of disappointing sales, which continued until Apple rehired Jobs in 1996. Soon thereafter he retook the position of CEO, and lead Apple to become one of the industry's biggest and most innovative players.

Current CEO Tim Cook has delivered a number of successful products following the death of Jobs, including the iPhone 5, but this year has seen Apple's share prices tumble. Only time will tell if this is history repeating itself, or simply a short down period for the tech behemoth.