Key insights
- The article highlights Apple's significant growth under Tim Cook's leadership, including substantial increases in revenue, net income, and stock value. The company's strong financial performance and strategic initiatives, such as the growth of its services business and transition to in-house silicon, suggest continued positive momentum for Apple's stock and the broader market, given its large market capitalization.
Tim Cook took over Apple Inc. in 2011. Here's a list of his accomplishments: • Revenue: $108B → $416B (~10–11% CAGR) • Net income: $26B → $112B (4x+) • iPhone still dominates (~50–60% of revenue) • Stock: $13 → $271 (~20x, ~1,900%) • $800B+ returned via buybacks + dividends • Stock splits: 7-for-1 (2014), 4-for-1 (2020) • First to hit $1T, $2T, $3T… now around $4.1T He also built a services biz doing $100B+/yr, scaled wearables into a Fortune 100–sized segment, and transitioned to in-house silicon. A great run.