Fortune Magazine names Steve Jobs “CEO of the Decade”

Fortune Magazine has decided to call the 2000s “the decade of Steve” for his role with Apple, Inc. As they mention, he has overcome being forced to leave his own company, returning back for a salary of $1, a securities-law scandal, two close calls with death, and his “own often unpleasant demeanor” to earn himself the title of CEO of the Decade.
In the last ten years, Apple has stretched out into the areas of media and cell phones. But they didn’t just enter these markets; they changed them. I don’t need to remind you of the huge success the iPod continues to have, and with over 100,000 applications available in the iPhone App Store, it seems obvious their venture into the cell phone market has proven a success, too.
It’s often noted that he’s a showman, a born salesman, a magician who creates a famed reality-distortion field, a tyrannical perfectionist. It’s totally accurate, of course, and the descriptions contribute to his legend.
Fortune Magazine.
In 2000, Apple was worth $5 billion. Not a small number by any means, but just ten years later Apple is now worth around $170 billion, putting themselves just ahead of Internet giant, Google. Thanks to being debt-free, Apple has around $31 billion in cash and investments, which is the highest amount for any technology company.
So, in ten years, Apple has gone from a relatively small computer companywith no Apple Stores, iPod, iTunes, Mac OS X or iPhoneto being a technology leader with a range of great products, while being the most valuable company in Silicon Valley. I think, looking back, it’s no wonder Steve Jobs is Fortune’s “CEO of the Decade.”
Via [AppleInsider]
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wow! incredible growth is due to Global thinking
on November 20, 2009 at 06:09 AM - LINK