“The only reason to deride that performance is if it is compared with what Jobs accomplished in the 14 years he was CEO,” Kilgore writes. “During that time, he was able to move Apple from being the 459th most valuable S&P 500 company, with a market cap of just under $1.7 billion at the end of 1997, according to data provided by S&P Dow Jones Indices, to second place, with market cap increasing by more than 200 times.”
“Everything is relative. Investors may have had to endure a turbulent ride since Cook became CEO, but it is hard to argue with being No. 1,” Kilgore writes. “Happy anniversary, Tim Cook.”
Read more in the full article here.
MacDailyNews Take: Steve Jobs was an impossible act to follow – as nobody knows as well as Cook.
Happy anniversary, Tim!
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