Tim Cook became CEO when Apple had a $364.4 billion market cap. Soon that market cap will be 10x!
Greatest CEO of our generation.
Tim Cook became CEO when Apple had a $364.4 billion market cap. Soon that market cap will be 10x!
Greatest CEO of our generation.
Note that "Services" revenue includes App Store and AppleCare, among other various items (I think also Google's search deal with Safari).
It's very easy to score if you start running halfway between 3rd base and home plate.
The other thing is that "wearables" wouldn't be nearly as successful without the preexisting Apple ecosystem of iPhone and Mac. There's a reason Apple removed the headphone jack from iPhone, and it wasn't "courage", it was "cash". ;-)
I think Apple has suffered with its innovation since Steve died because there is no one left that great to say "no" to a product, or feature. Tim Cook might be a good businessman but he is not a product innovator, and that's Apple's biggest problem right now.
Cook didn't really find any major product-market fits, except for Airbuds, and even those I imagine were a longer term vision.