Apple

One Year Later: Apple At An All Time High With Tim Cook Behind The Wheel

A year ago when Tim Cook was named CEO of Apple, many were confused frustrated, and most feared the long term future of the company. Looks like everyone was wrong. Tim Cook has made Apple better than ever…

After the announcement of Tim Cook’s promotion, Apple’s stock fell five percent dropping down to $351. A year later, Apple has almost doubled that fallen stock price. As I write this article, Apple’s stock sits at a happy $664.44. Pretty impressive right?

Tim Cook has done a great job controlling the company. Don’t get me wrong, Steve Jobs was an excellent CEO, but Tim has proven his worth to the company, literally. The San Jose Mercury News decided to write an article about Tim’s reign at Apple.

Here’s an excerpt from the article:

“Tim knows he’s not Steve Jobs and doesn’t try to be,” says Jeffrey Sonnenfeld, a senior associate dean at the Yale School of Management. “He’s comfortable in his own skin, and he’s done a remarkable job of under-promising and over-delivering. When Jobs walked out the door last year, a lot of people figured much of Apple’s magic would disappear. It hasn’t.”

Cook, whom Apple did not make available for this story, inherited much of that Jobs-induced magic, from Apple’s wildly successful iPhone and iPad to its burgeoning network of stores stuffed to the gills with the gadget-hungry masses. Yet many analysts say it is Cook’s trademark mastery of supply-chain efficiency, first tapped when Jobs hired him 14 years ago to run the manufacturing side of the business, that leaves the 51-year-old workaholic and fitness buff poised to take Apple to ever greater heights.

I don’t think Apple is going anywhere, anytime soon. Tim Cook, if you can hear this, you’re doing an excellent job. I look forward to many more years of “geeking out” on your future products.

Source: The San Jose Mercury News via MacRumors

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