Eseandre Mordi
⬤ Apple's AAPL stock is getting attention after the Financial Times reported the company is ramping up CEO succession planning. Tim Cook might leave his position as soon as next year. Cook has led Apple for over ten years, and his leadership has earned widespread recognition across the tech industry.
⬤ The numbers tell the story. During Cook's decade at the helm, Apple's market cap jumped by roughly $2.1 trillion—the biggest total increase among major tech CEOs tracked by The Economist. That works out to about $212 billion in added value per year, putting Cook near the top when compared to leaders from Google, Amazon, Meta, Tesla, Tencent, and Berkshire Hathaway.
⬤ Apple's growth rate stands out even among industry giants. The company's valuation expanded faster than most of its peers, with Cook appearing alongside other prominent CEOs like Satya Nadella, Jeff Bezos, Sundar Pichai, Mark Zuckerberg, and Elon Musk. Both in total growth and yearly gains, Apple's performance has been exceptional.
⬤ Leadership changes at companies of Apple's size tend to influence strategy, innovation direction, and investor confidence. With the massive value Cook helped create, his eventual succession represents a pivotal moment as Apple figures out how to keep its edge and prepare for what comes next.
Eseandre Mordi
