This morning, Apple became the first American company to reach a $1 trillion market cap.
Apple was worth about $350 billion when Jobs died, so Cook has led the creation of even more stock-market value than his former boss and mentor. Bloomberg News asked him about the $1 trillion target in a February interview.
“I don’t really think about it,” he said, suggesting that if the company keeps making successful products, financial success will follow. “I still view Apple as a pretty small company, the way that we operate. I know it’s not numerically, but the way we function is very much like that.”
I haven’t owned Apple stock since I worked in Apple Retail, and don’t cover Apple’s financials very closely. Even so, it’s hard to not smile when I see something like this:
— Businessweek (@BW) August 2, 2018