Apple’s Tim Cook: Barron’s Top CEOs in 2021
is the highest rated company in the world with a market capitalization of more than $ 2 trillion. Yet it is showing astonishing growth. Sales in the March quarter rose 54% – a nine-year record. Demand is increasing in all business areas, from iPhones, iMacs and iPads to wearables and services.
Some of this reflects the dynamics of the pandemic: PC demand has increased with the shift to a world of work from everywhere, and the effects could linger as the economy reopens. But also CEO Tim Cook (60), who will celebrate his 10th year as boss in August, deserves recognition.
Cook added new product categories while strengthening the links between Apple’s hardware, software and service offerings. He is also the point of contact for tricky political issues, defends the App Store in providing software for iPhone users and takes over
on privacy issues and careful management of the company’s position in China.
For investors, the question arises whether Cook will enter the automotive market and with
and others in electric cars. Apple already has annual sales of more than $ 350 billion. In order to grow further, you need large target markets. Like cars.
Write to Eric J. Savitz at [email protected]