"Under Tim Cook's leadership, Apple's market capitalization increased tenfold, growing from just under $350 billion in 2011 to $4 trillion by 2025, showcasing remarkable financial growth."
"The company reported $112 billion in net income for the fiscal year ending in September 2025, reflecting a 699% increase since 2010, despite challenges like the Covid-19 pandemic."
"Cook expanded Apple's product ecosystem significantly, launching the Apple Watch in 2015 and AirPods in 2016, which transformed the wearables and audio markets."
Tim Cook is stepping down as CEO of Apple, transitioning leadership to John Ternus. Under Cook's leadership, Apple's market capitalization increased from under $350 billion to $4 trillion. The company reported $112 billion in net income for the fiscal year ending September 2025, a 699% increase since 2010. Cook expanded Apple's product ecosystem, launching the Apple Watch in 2015 and AirPods in 2016, significantly impacting the wearables and audio markets. His tenure included expanding Apple's global presence, particularly in China, and adding approximately 200 stores worldwide.
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