> Another example of such uninspired CEO that keeps making good quarters but tarnishes his company advantages is Tim Cook.
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> but Tim Cook added $1.7 Trillion to apple's market cap since taking over as chief executive.
Steve was visionary, but Tim has taken that vision farther than anyone ever gives him credit for.
We're 10 years past Jobs and Cook was running quite a bit of Apple even before Jobs passed away. Not even Jobs is prescient enough to have predicted where the market would have gone this far out. He was good at being where the puck was going, but he didn't have a crystal ball.
Apple's valuation doesn't do me any good (or ill!) as a customer. I feel like there are a lot more bugs in Mac OS than there were in the past, and I'd happily trade Apple's market cap for a return to confident OS upgrades.
After having purchased most every iPhone release since launch, with the prior model gifted to family, this year we switched to iPhone-as-a-Service subscription on the Apple Card.
Post shift, Apple moves me out of making a $1300 buying evaluation decision to simply ‘staying current’ for forty bucks a month for the flagship model.
This was available for a while, took a while to break through my sense I should “own” my device each year instead of subscribe to it, but the mental stress of buying new and reselling old, inevitably ending up with some in a drawer (iPhone 6s anyone?) ... the subscription is hassle free for me, recurring revenue for Tim, and shockingly well priced given the convenience.
Imagine what their numbers would look like to Wall Street if he could turn most of their hardware buyers into subscribers...