Leander Kahney’s biography of Tim Cook hit stores Tuesday. In a piece for Wired, the author explained why he believes Mr. Cook is a better CEO of Apple than Steve Jobs. The proof, he said, is in the numbers.
Apple is the world’s first trillion-dollar company, a milestone reached under Cook’s watch. Apple reached this landmark valuation on August 2, 2018, when Apple’s stock hit $207.05. By comparison, when Jobs passed away on October 5, 2011, Apple’s stock was $50.53 (split adjusted), which valued the company at about two-thirds less: $300 billion. During his tenure, Cook has almost tripled Apple’s revenue. In 2018 Apple earned $265.6 billion, the highest annual revenue in the company’s history.
Check It Out: Tim Cook is a Better CEO of Apple Than Steve Jobs