Apple becomes first U.S. company with a trillion-dollar stock market value - News Summed Up

Apple becomes first U.S. company with a trillion-dollar stock market value


In the 1980s and 1990s, Apple was a very different company. Jobs left in 1985 after disagreements with then-CEO John Sculley and the board. By 1997, the company was close to bankruptcy. Jobs returned and, with key lieutenants like design head Jony Ive and operations chief Tim Cook, saved Apple and turned it into the giant it is today. Jobs cut the number of Apple products so they could all fit on a small table, bringing a knack for whittling away extraneous offerings that weren’t up to scratch.


Source: Los Angeles Times August 02, 2018 16:06 UTC



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