21 hrs ago
Apple’s Value Soared Under Tim Cook, Challenges Ahead
Tim Cook became Apple’s leader on August 24, 2011, after Steve Jobs.
At that time, Apple was worth less than $350 billion on the stock market.
Since then, Apple’s shares have increased by 2,275%.
The company grew into a business valued at $4.6 trillion.
Apple still makes iPhones and Mac computers.
It also began selling more products, including watches and AirPods.
Apple expanded into financial services as well.
The company became the world’s most valuable company under Cook, but it now faces new challenges.
Apple shares rose 2,275% during Tim Cook’s tenure as chief executive.
Cook succeeded Apple co-founder Steve Jobs on August 24, 2011.
Apple’s market capitalization was below $350 billion when Cook took over.
The company grew into a $4.6 trillion business under Cook.
Apple expanded beyond iPhones and Macs into watches, AirPods, and financial services.
- Who
- Tim Cook, Apple, and former chief executive Steve Jobs.
- What
- Apple’s shares rose 2,275% during Cook’s tenure, while the company expanded into a $4.6 trillion business.
- Where
- When
- Since Tim Cook took over on August 24, 2011.
- Why
- Apple diversified its products and services beyond iPhones and Mac computers.
Key facts
- Chief executive
- Tim Cook
- Leadership transition
- Cook succeeded Steve Jobs on August 24, 2011.
- Share performance
- Apple shares rose 2,275% during Cook’s tenure.
- Market capitalization at transition
- Less than $350 billion
- Current business value
- $4.6 trillion
- Products and services
- iPhones, Mac computers, watches, AirPods, and financial services









