Apple Stock Soars 1,150% Under Tim Cook's Decade of Leadership
-
Apple's stock has risen 1,150% under Tim Cook's leadership as CEO since 2011. A $2,000 investment then would be worth over $20,000 today.
-
Apple's revenue has continued to grow under Cook, driven mainly by iPhone sales. However, new products like Apple Watch and AirPods have seen some success recently.
-
Apple's services segment, including Apple Music and Apple TV+, has grown to provide over 20% of revenue. This helps reduce dependence on iPhone sales.
-
Apple still has $173 billion in cash to invest in new products and acquisitions under Cook's leadership. The company continues to reward investors as well.
-
Despite some challenges recently like iPhone declines in China, Apple's business tends to bounce back over the long run. Selling after Cook took over would have been a mistake.