Tim Cook who increased the stocks by 60% completes 9 years as Apple CEO

Tim Cook has completed 9 years as CEO of Apple. According to reports by international media, tech giant Apple was worth under $400 billion when Cook joined as CEO. However, it was Cook who transformed company into a tech giant as w it is worth five times more. Last week, Apple became first publicly listed US company to reach a market value of over $2 trillion as Cuperti-based California company continues to reshape world. Reports by PTI suggest that iPhone making company's shares have surpassed USD 467.77.

Tim Cook completes 9 years as CEO 

Apple's stock has climbed nearly 60% this year, suggests PTI. In recent weeks, rally has been bolstered by excitement over a four-for-one stock split that Apple anunced late last month in an effort to make its shares more affordable to a wider swath of investors. When late founder of Apple, Steve Jobs handed over Cook his responsibilities, he reportedly said that Apple's brightest days are yet to come. Apple analyst Gene Munster told AP that Cook as successor was "one of Steve Jobs' greatest accomplishments that is vastly under-appreciated”. 

Re: Apple Reaches $2 Trillion Market Value As Tech Fortunes Soar

four for one stock split has been one of major measures of Apple's success under Cook. This move has effect on share price but it definitely encours enthusiasm of investor. Apple reportedly said that it initiated stock split to make it easier for more people to buy shares in company. According to calculations by Bloomberg Billionaires Index, Tim Cook recently entered one of most elite clubs for CEOs who didn’t actually found companies y run with net worth reaching $1 billion.

Re: Apple CEO Tim Cook Questioned On App Store Policies; Claims 'we Treat All Developers Same'

t all techlogy companies are doing as well as y were before pandemic but Apple has fared extraordinarily well as timely April debut of a new iPhone model priced at about $400, 40% to 60% less than fancier devices that it released last fall. company will face ar litmus test in October when it is expected to unveil a line-up of new iPhones, including a model capable of connection on next generation of ultra-fast wireless networks kwn as 5G. However, next series of iPhone is expected to come a little late due to production delays because of pandemic. 

Re: Apple CEO Tim Cook 'deeply Disappointed' Over Trump's H-1B Visa Suspension

Also Re: Apple To Open World's First Floating Store At Marina Bay Sands In Singapore

(Im Credits: AP) (With inputs from ncy)