Tim Cook’s knowledge of supply chain and diplomatic skills helped him increase Apple’s annual earnings from $108 billion in 2011 to $365 billion in 2021, with profits rising 3.7x to $95 billion (Patrick McGee/Financial Times)
Tim Cook’s expertise in supply chain and diplomatic skills helped him increase Apple’s annual earnings from $108 billion in 2011 to $365B by 2021. The company’s profits grew by 3.7x to $95 billion
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Tim Cook 108B 365B 95B Mcgee
Steve Jobs, the founder of Apple, died in 2005 when many thought it was an inevitable fight that Apple would have during the time of Tim Cook. We all are aware that Apple became a reality following this. Apple was an incredible success.
This incredible success of Apple’s expansion is due to its first smartphones, but then Cook made over 100 million dollars from the launch of MacBooks, iPods, iPhones as well as iPads.
The people who admire Cook believe Cook has facilitated the transformation of Apple. In the course of his tenure, Apple’s annual revenue has increased between $108 billion and $365 billion in the last year. On average, net profits have increased between $26 billion and $95 billion, approximately 3.7 times.
Two of the most popular products that were invented by Cook, originally the Airpods along with Apple Watch, shares market success of 25 percent and 31 percent, respectively. Last year, the two products generated a total of $70 billion which was twice that of Mac books, iPad, and other Apple products.
He is more concerned with the privacy of its customers since Apple has mostly stayed clear of joining Google and Facebook in using customers’ data for monetization, but observers say Cook doesn’t get the respect he deserves.