Say what you will about Apple rolling along and not missing a beat with Tim Cook in the CEO position at Apple, but let’s not forget the meteoric rise Apple shares investors enjoyed with Jobs at the helm. Here, in the chart below, we see that Apple’s market cap (which equals outstanding shares x stock price) skyrocketed from less than $12 billion to $380+ billion today. Over the past few weeks, Apple has temporarily been the most valuable company on the planet, besting Exxon.
Here we see a chart of Apple’s market cap during Steve Jobs’ tenure highlighted by the significant events that accompanied some of the more major upward shifts in Apple’s share price.
via Business Insider
Tue, Sep 6, 2011
Finance, News