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Tim Cook is stepping down as Apple's CEO. Investors are $4 trillion richer because of him. [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Cook will stay on at Apple as its executive chairman and “assist with certain aspects of the company, including engaging with policymakers around the world,” the company said in a statement. During his time as CEO, Cook oversaw the launch of a variety of new products, including the Apple Watch, AirPods, and the company's new MacBook Neo. He's also been instrumental in increasing Apple's Services segment revenue to more than $100 billion, the company's second-largest business behind the iPhone. Steve Jobs hired Cook in 1998 and promoted him to executive vice president of worldwide sales in 2002, before appointing him COO in 2005. He later took over as CEO from Jobs in 2011. During that time, Cook leveraged his supply chain expertise to dramatically expand Apple's business. The company's market capitalization has grown from $350 billion to just north of $4 trillion as of the end of the trading day Monday, a staggering 1,000% increase. Apple CEO Tim Cook speaks on stage during a
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- Tim Cook Will Step Down As Apple CEO After Roughly 15 Years [Yahoo! Finance][Yahoo! Finance]
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