Apple CEO Tim Cook’s 15-Year Legacy by the Numbers
Fifteen years after succeeding Steve Jobs, Tim Cook is handing over the top leadership position at Apple Inc. to hardware specialist John Ternus. The outgoing chief executive officer, who’ll stay on as executive chairman, built up an unprecedented record of success over his tenure. Here are some of the numerical highlights.
Cupertino, California-based Apple was already a hugely influential company back in 2011, but with Cook as CEO the company grew its market capitalization tenfold. Valued at just under $350 billion on Aug. 24, 2011 — when Cook took over — it was the first to set several new highs for market valuation and currently sits at $4.01 trillion. Apple’s market value is today roughly equivalent to the size of Britain’s economy, the world’s fifth largest. Remarkably, that lofty number isn’t enough to make Apple the most valuable business, as Silicon Valley peers Alphabet Inc. and Nvidia Corp. have pulled ahead in the AI age.