“It was about three years ago when Apple’s shares were tanking from $101 to $55 (post-split prices) that there were numerous articles saying the company’s Board should fire Tim Cook, Apple’s CEO,” Chuck Jones writes for Forbes. “At times articles blaming Cook surface such as the one by Forbes contributor Jay Somaney, which normally don’t take a complete view of Apple or cherry pick its stock performance to try and demonstrate that the shares have not performed well.”
“A CEO should be judged on many criteria with the company’s stock price being just one of them,’ Jones writes. “Below I’ll go through six areas that I believe demonstrate he is doing a very good job [and] add two more that are basically average…”
• Executive hires may not be one of Cook’s strengths
• The culture has changed
• Operational execution has been outstanding
• Strategy: sticking to its knitting
• Recent financial results have been stellar
• Apple doing well against the competition
• New and future products have potential
• Capital returns to shareholders is a positive
Read more in the full article here.
MacDailyNews Take:
People who underestimate Tim Cook, earnestly or not, are like potholes that cause bags full of filthy, beautiful money to fall out of armored cars right into our laps. – MacDailyNews Take, April 24, 2012
SEE ALSO:
Apple’s dirty little secret: Sucky software – why Apple’s entire UX/UI team needs to be fired – November 19, 2015
What Steve Jobs gave Apple that Tim Cook cannot – November 18, 2015
New Apple Pencil stock begins arriving at some U.S. Apple Retail Stores – November 17, 2015
Apple’s new iPad Pro debuts with forced reboots, missing Apple Pencils – November 16, 2015
Apple’s perplexingly incomplete launch of the iPad Pro – November 16, 2015
Apple’s major problem is Tim Cook – November 16, 2015
At Apple, it seems as if no one’s minding the store – November 13, 2015
Publishers underwhelmed with Apple News app – November 13, 2015
Apple’s joyless iPad Pro launch: WTF are the Apple Pencils and Smart Keyboards? (4-5 weeks away) – November 12, 2015
Apple’s best days are behind it or something – November 7, 2015
Apple TV 4 is a beta product and, if you bought one, you’re an unpaid beta tester – November 5, 2015
Apple Watch has arrived for just 22 percent of preorder customers – April 28, 2015
Open letter to Tim Cook: Apple needs to do better – January 5, 2015
Tim Cook’s mea culpa: iMac launch should have been postponed – April 24, 2013
Tim Cook open letter: We fell short with new Maps app; we are extremely sorry – September 28, 2012
With obtuse iPad 2 launch, Apple fails to delight 49,000 customers per day – March 21, 2011