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Apple's net worth has doubled since Tim Cook became CEO

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='http://www.imore.com/apples-market-capitalization-has-doubled-tim-cook-became-ceo' title="Apple's net worth has doubled since Tim Cook became CEO"><img src='http://www.imore.com/sites/imore.com/files/styles/large/public/field/image/2014/09/tim_cook-iphone-6.jpg?itok=w2zAAv4p' />[/url]</p> <p>If you bought stock in Apple (http://www.imore.com/aapl) when Tim Cook (http://www.imore.com/tim-cook) became CEO in August 2011, you have had a solid return on your investment since that time. The company's market capitalization reached a new high of $700 billion on Monday before finally pulling back a bit in final trading. That means Apple's market capitalization has doubled since Cook began running the company.</p> <!--break--> <p>While some financial analysts may have had doubts about Apple's future when its co-founder Steve Jobs (http://www.imore.com/steve-jobs) passed away in October 2011, that's certainly not the case anymore. Apple's highly successful launch of the iPhone 6 (http://www.imore.com/iphone-6) and iPhone 6 Plus (http://www.imore.com/iphone-plus) earlier this year has corresponded to a 24% percent increase in Apple's stock price since their release. There's nothing to suggest that Apple's success story will hit any bumps anytime soon.</p> <p>Source: MacRumors (http://www.macrumors.com/2014/11/25/apple-market-cap-700-billion/)</p> </div></div></div><div id="comment-wrapper-nid-28576"></div><img width='1' height='1' src='http://tipb.com.feedsportal.com/c/33998/f/616881/s/40d50e92/sc/21/mf.gif' border='0'/><br clear='all'/>

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