Cook's Legacy: Apple Grows 13 Times Bigger Under Tim Cook's Leadership
After 15 years as CEO of Apple Inc (NASDAQ:AAPL), Tim Cook is stepping down from his role. He took over in August 2011, following Steve Jobs' resignation due to illness.
Cook's tenure saw significant growth for the company, with investors pleased by the gains made during this period.
According to Freedom Capital Markets Chief Market Strategist Jay Woods, Cook's strength was execution. Under his leadership, Apple became one of the most profitable and valuable businesses globally.
The company's stock price increased from around $350 billion in 2011 to over $4 trillion today, making it the second most valuable company in the world after Nvidia Corporation ($5.307 trillion).