Tim Cook handily tops new rankings of most impactful CEOs driving corporate growth
A new analysis ranks CEOs by average monthly revenue growth during their tenure -- and Tim Cook clearly holds the top spot beating all comers including Amazon, Google, and Facebook.
The study, titled CEOs With the Greatest Impact on Growth, puts Cook in the top spot with an astonishing $1.57 billion in average revenue growth per month during his 77 months as CEO of Apple. The study is dated April 26 but was publicized this week.
"While much of his success stems from constant innovation, breakthrough technology, and attention to branding and customer needs, we also know that that Cook's No. 1 spot can be attributed to the ubiquity of Apple products and services, as well as owning the lion's share of the market when he stepped in," the report said.
In second place is Larry J. Merlo of CVS Health, with just under $860 million in average monthly growth. Verizon's Lowell McAdam is third, followed by Alphabet/Google's Sundar Pichai, Amazon's Jeff Bezos and Disney's Robert Iger. Berkshire Hathaway's Warren Buffett, who recently increased his Apple stake, is 10th, while Facebook's Mark Zuckerberg is 18th.
"Tim Cook, CEO of Apple Inc., is perched high above the other 49 top CEOs, with an average monthly growth of nearly $1.6 billion throughout the 77 months Cook has been at the head of the table," writes the study authors. "While much of his success stems from constant innovation, breakthrough technology, and attention to branding and customer needs, we also know that that Cook's No. 1 spot can be attributed to the ubiquity of Apple products and services, as well as owning the lion's share of the market when he stepped in."
"Average monthly growth during tenure" may not be the most traditional of measures for corporate executives, especially one coming from an executive search firm that specializes in nonprofits. But it does show once again that Tim Cook's time at the helm at Apple has been a nearly unqualified success.
The study, titled CEOs With the Greatest Impact on Growth, puts Cook in the top spot with an astonishing $1.57 billion in average revenue growth per month during his 77 months as CEO of Apple. The study is dated April 26 but was publicized this week.
"While much of his success stems from constant innovation, breakthrough technology, and attention to branding and customer needs, we also know that that Cook's No. 1 spot can be attributed to the ubiquity of Apple products and services, as well as owning the lion's share of the market when he stepped in," the report said.
In second place is Larry J. Merlo of CVS Health, with just under $860 million in average monthly growth. Verizon's Lowell McAdam is third, followed by Alphabet/Google's Sundar Pichai, Amazon's Jeff Bezos and Disney's Robert Iger. Berkshire Hathaway's Warren Buffett, who recently increased his Apple stake, is 10th, while Facebook's Mark Zuckerberg is 18th.
"Tim Cook, CEO of Apple Inc., is perched high above the other 49 top CEOs, with an average monthly growth of nearly $1.6 billion throughout the 77 months Cook has been at the head of the table," writes the study authors. "While much of his success stems from constant innovation, breakthrough technology, and attention to branding and customer needs, we also know that that Cook's No. 1 spot can be attributed to the ubiquity of Apple products and services, as well as owning the lion's share of the market when he stepped in."
"Average monthly growth during tenure" may not be the most traditional of measures for corporate executives, especially one coming from an executive search firm that specializes in nonprofits. But it does show once again that Tim Cook's time at the helm at Apple has been a nearly unqualified success.
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1. AppleWatch
2. HomePod
3. MacBook Pro
4. AppleTV
5. AirPods
They'll show up...when they can rub salt in the wound of a negative Apple article. Otherwise, you won't see anyone.
Although...I have to think somehow this thread will turn into a Mac mini argument soon....
Them’s fight’n words for the troll army. Wait for it.
The lion’s share of exactly which market? Even when praising the company these analysts can’t pull their heads out of their asses. Incredible.
Perhaps including Steve Jobs... Jobs was a visionary and driven product development genius, but as I used to tell my teams in my companies, all the potential in the world means nothing if you don’t ship. And it’s Tim Cook’s supply chain genius that allows Apple to be as great as it is. Consider, my investment thesis on Apple is not that they design great user experiences, or great hardware. It’s based upon the company pouring billions of dollars and tons of engineering into advanced manufacturing processes and equipment such that Apple's suppliers can provide to Apple advancements years ahead of the competition. So here’s my investment thesis, written in crayon on a napkin, if you will:
If it looks like Apple’s products come from the future, it’s because they do.
A simple statement that speaks to the core of Apple’s competence in building and shipping in vast quantities products with cutting edge capabilities. And that’s down to Cook. People wonder what Steve Jobs vision for Apple was upon his failing health and eventual death. His vision wasn’t watches or self-driving cars or Apple Music or TV shows, or whatever comes next. His vision for the future of Apple was Tim Cook and the rest of the team he put in place.
Anyway, if Tim Cook could just keep Apple's computers updated on a timely basis and allowed user upgrades, I wouldn't have much of a beef with him. I don't care much for that LGBT stuff either but it must be important to him if he's one of them. Now if he could get all of them LGBT consumers to only buy Apple products, then fine. I'll let him campaign all he wants.
I don’t think he is all that visionary though. Everyone has their blind spots. Like the Mac. Just think how much more profitable Apple would be if macs were loved as much as they used to be. The most Apple like ‘magical’ product shipped under Cook is the AirPods.
That said, it must be really irritating being constantly compared with Steve Jobs all the time, who maxed out the messiah complex by returning, a second coming if you will, to save the company and then dying early.
Wonderful motivator (/Sarc)
I also remember back when the iPhone was first being developed. You didn't see much coming out of Apple when iPhone was being developed. I gotta believe a lot of resources were put into the iPhone back then. I don't think people were kidding when they said Apple was betting their entire company on this product. There were few updates to the Mac lineup at that time too. I don't think there were even much for iPod updates at the time either. So, perhaps maybe Apple is doing something similar?
I think we'll get our Mac updates in time. I'm sure Apple is well aware of its product line up and the age of some of its products. The only thing that gets me is the same people here (and some newbies) just continuously harp time and time again like its gonna change anything. If Apple is working on a completely new Mac mini then its ready when its ready. I'd rather they not rush something to market just because a few people are constantly complaining about it. Maybe they lose a few sales over it, but if they do something right they'll gain more than they'll lose in the end.
I'm interested to see what Apple is gonna do at WWDC. I'm sure we'll see our usual updates for all of Apple's operating systems, but I wonder if they'll have something else to announce? The rumor mill on WWDC has been very quiet from what I see/read and its not that far away. I don't expect any new products, but I guess you never know. It's a developer conference so the focus should be on its software and services, not its hardware unless its something that relates to its developer community.
I would argue that Apple Watch has been a pretty damn good success under Tim Cook as well to the doubts of many many people and I think it's only going to get better and better.
That being said, if anyone ever expected Tim to be Steve or anywhere close then I think they were setting themselves up for failure from the get go. I think Steve chose Tim because he wasn't Steve and wouldn't try to be Steve, but would also hold the values he brought to Apple at the same time. I honestly don't think you'll ever find another Steve Jobs. I think in today's Apple, you need more than just a visionary. You almost need a combination of Steve Jobs and Tim Cook together and I just don't think you'll ever find that. Some of us (I'm not saying you specifically) just need to drop this notion that Tim is not Steve and there has to be a Steve Jobs out there somewhere or things were so much better when Steve was CEO. I just don't think there's a better CEO for Apple out there right now. I've never read anyone say anything differently either. I read lots of complaints about Tim, but never any solutions.