Last August, Tim Cook achieved the improbable. Apple, the technology giant he has run since 2011, became the first American company to be valued at more than $1 trillion. It anointed the iPhone maker as the undisputed champion of America’s most vibrant industry. In the late 1990s, Apple flirted with insolvency before Steve Jobs, its charismatic founder, created first the iPod and then, in 2007, the iPhone. With its innovative touchscreen technology and sleek design, the handset would go on become one of the most lucrative consumer…

Source: The Times January 03, 2019 17:15 UTC