“Most investors are unaware of Tim Cook’s prowess. Apple’s new CEO has been baking apple turnovers better than anyone else in the tech world,” Stephen Rosenman reports for Seeking Alpha. “Personally, I think they’re far tastier than any other technology CEO’s baking. And I can prove it. No one does it better than Apple.”
“Tim Cook, long time chief operating officer and now CEO, has been a genius at managing Apple,” Rosenman reports. “Under his operations leadership, the company has outperformed all others in one vital area, inventory turnover. For those unfamiliar with this term, inventory turnover measures.”
Rosenman reports, “For those unfamiliar with this term, inventory turnover measures the number of times inventory is moved in a year… Apple turned over its inventory 66 times this year, four to five times the rate of most of its competition… Apple has not sacrificed pricing in order to move goods. Its gross margins have increased substantially. No discounting is driving sales here. Clearly, analysis requires a deeper look. This piece shines the spotlight on an ignored but important measure, a measure by which Apple outshines its competition.”
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