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re: Grid of Shame

Posted on 9/3/21 at 1:13 pm to
Posted by Woodrow Wilson
Member since Feb 2014
298 posts
Posted on 9/3/21 at 1:13 pm to
An interesting article from this week's (August 28th) The Economist magazine about an Auburn alum, Tim Cook:

Tim Cook is the chief executive of Apple, the world's most valuable firm with a market value of $2.5Trillion. Over 80% of that has been amassed during the tenure of Tim Cook. No other chief executive has created more absolute value for shareholders. He took Steve Job's creation and made it better and bigger.

As Tim Cook celebrated his tenth anniversary as Apple's boss on August 24th, no one made a peep. He has staged what is arguably the greatest succession success in technology. When he took over from Jobs the company had a market value of $434 Billion. Annual sales surged from $108 Billion to $274 Billion last year. Net profit more than doubled to $57 Billion turning Apple into the world's most profitable company. Less widely noticed, during his tenure the "Apple economy" - its own annual revenue plus everything other companies make on its platforms has grown sevenfold to more than $1 Trillion.

Auburn does not receive its due. Too often other schools talk about their football player who can run faster with a football than another team's football player. Big deal. Auburn alums feed the hungry, clothe the naked, house the homeless, heal the sick and make money doing it. War Eagle!!!
This post was edited on 9/3/21 at 1:15 pm
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