Incoming Apple (AAPL) CEO John Ternus will have a tall order to fill when he enters the same chief executive class as outgoing CEO Tim Cook.
And one clever new number compiled by Bank of America ******* yst Wamsi Mohan shows what Ternus is up against: $32 million.
According to Mohan's calculations, Apple's market cap has grown at a rate of roughly $32 million per hour, every hour, for nearly 15 years, for a total of $4.5 trillion under Cook.
Apple's market capitalization has climbed to $4.5 trillion from around $350 billion during Cook's time as CEO, according to Yahoo Finance AlphaSpace ******* ysis.
"Tim Cook took Apple from a company driven by a small number of product cycles into an institution capable of producing growth, cash flow, customer loyalty, and innovation at enormous scale and SKU complexity," Mohan said.
#according
And one clever new number compiled by Bank of America ******* yst Wamsi Mohan shows what Ternus is up against: $32 million.
According to Mohan's calculations, Apple's market cap has grown at a rate of roughly $32 million per hour, every hour, for nearly 15 years, for a total of $4.5 trillion under Cook.
Apple's market capitalization has climbed to $4.5 trillion from around $350 billion during Cook's time as CEO, according to Yahoo Finance AlphaSpace ******* ysis.
"Tim Cook took Apple from a company driven by a small number of product cycles into an institution capable of producing growth, cash flow, customer loyalty, and innovation at enormous scale and SKU complexity," Mohan said.
#according
2 months ago
