“Five years after the death of Apple co-founder Steve Jobs, the Silicon Valley tech giant is bigger and stronger, despite lingering doubts over its future without the visionary leader,” Rob Lever writes for Agence France-Presse.
“In financial terms, Apple has been an unstoppable juggernaut: Its profit for the 2015 fiscal year was a whopping $53 billion on revenues of $234 billion — both figures doubled since the final year of Jobs’s reign before he died of pancreatic cancer on October 5, 2011,” Lever writes. “Apple’s market value is more than $600 billion, below its 2015 highs but more than twice its level of 2011 and holding above Google parent Alphabet as the world’s most valuable corporation.”
“Jobs’s successor Tim Cook has won plaudits for his performance keeping Apple on a steady path, even though no one sees him as the same kind of leader. ‘Tim Cook is an operations guy, he is great in getting the supply chain to churn out things,’ said Jan Dawson of Jackdaw Research. ‘He knows his limitations. He knows he is not the most charismatic presenter. He knows he is not Steve Jobs,'” Lever writes. “Still, Dawson sees Cook as broadly successful in keeping Apple on track. He noted that Apple has doubled its spending on research and development since Cook took over.”
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MacDailyNews Take: Steve Jobs chose very well.