“Apple was doomed at the start of the year. Now it can do no wrong,” Philip Elmer-DeWitt writes for Fortune. “What the hell happened?”
“‘Fire Tim Cook: Too Little, Too Late, Too Stupid,’ sneered a headline on the TheStreet exactly one week after Apple reported mixed Q1 results and got $41-per-share haircut,” P.E.D. writes. “By the end of 2014, Tim Cook was CNN’s CEO of the year, the Financial Times‘ Person of the Year and a Time Magazine POY runner up. The stock meanwhile, had split 7 for 1, grown 40%, and added nearly $200 billion to Apple’s market value.”
“What the hell happened?” P.E.D. writes. “Here’s what I remember…”
Read more in the full article here.