Site icon MacDailyNews

How Tim Cook’s ‘Trump strategy’ made Apple a killer stock

“In case you haven’t noticed, Apple’s stock is up a mind-blowing 50% over the past 12 months,” Andy Serwer writes for Yahoo Finance. “That’s a gain of some $300 billion in market value for shareholders, an incredible run for a company so large (never mind 2X the overall market’s gain.). Apple’s market capitalization is now $911 billion, the biggest of any publicly-traded company and, of course, the biggest ever.”

“I don’t know if Apple will become the first company worth $1 trillion, but I do know that the performance of the stock has everything to do with not only the company’s products, but also with Apple CEO Tim Cook’s management of what has become an increasingly key element of succeeding as a CEO in America,” Serwer writes. “That being a Trump strategy.”

“He has figured out what the President Trump, and to my mind by extension, the markets want to hear,” Serwer writes. “Cook, like other CEOs, has changed the way he does business — yes, to a degree — because of Trump.”

Read more in the full article here.

MacDailyNews Take: Successful CEOS have changed the way they do business.

• Leadership is the art of getting someone else to do something you want done because he wants to do it. — Dwight D. Eisenhower

If a window of opportunity appears, don’t pull down the shade. — Tom Peters

People ask the difference between a leader and a boss. The leader leads, and the boss drives. — Theodore Roosevelt

Leadership and learning are indispensable to each other. — John F. Kennedy

• Management is doing things right; leadership is doing the right things. — Peter Drucker

• You have to think anyway, so why not think big? — Donald Trump

SEE ALSO:
Apple announces plans for a new major campus – January 19, 2018
Hundreds of U.S. cities likely to line up to offer incentives to land Apple’s new campus – January 19, 2018
Apple to build new U.S. campus, pay record $38 billion repatriation tax – January 18, 2018
Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act – January 17, 2018
Looks like Apple is bringing nearly all of its $250 billion foreign cash back home to America – January 17, 2018
Apple plans to add $350 billion to U.S. economy and create over 20,000 new jobs over next 5 years, pay $38 billion in repatriated taxes, the largest ever made – January 17, 2018
Apple expected to issue less debt in 2018 now that President Trump has signed the Tax Cuts and Jobs Act – January 16, 2018

Exit mobile version