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by kyrra
51 days ago
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To steal from Twitter: "Tim Cook took Apple from $350B to $4T" So? That's a 11X market cap increase. In the same time, MSFT saw a 14X increase, Google saw a 20X increase, Amazon did 28X, Facebook did 35X. We're not even going to talk about NVidia. Cook led Apple through a period where every tech company expanded. Yay for him? (It keeps going at https://x.com/politicalmath/status/2046428057255211032 ) |
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The business you mention are pure service / zero marginal cost businesses, and in that time internet usage has expanded both in reach and depth (it is being used for more things in more places), so their opportunity for profits has grown. Apple turns aluminium and silica into a laptop. They didn't even miss a beat during COVID.
Yay for Tim Cook for scaling this to the absolute behemoth of supply chain and manufacturing that modern Apple is.