With the return of Steve Jobs, Apple became a titan of the tech industry, but the COVID crisis has proven that Tim Cook’s Apple is truly “antifragile,” in that it grows stronger under adversity.
Its one of the highest market cap companies in the US. I don’t think I’d say they improve under stress anymore… they’ve reached a stage at which innovation is completely unecessary, and can weather storms via their existing capital.
This does show their sales are solid, but they also just recently lost the top world smartphone sales spot to xiaomi. If anything a lot of these late stage companies are on a slow decline.
Its one of the highest market cap companies in the US. I don’t think I’d say they improve under stress anymore… they’ve reached a stage at which innovation is completely unecessary, and can weather storms via their existing capital.
This does show their sales are solid, but they also just recently lost the top world smartphone sales spot to xiaomi. If anything a lot of these late stage companies are on a slow decline.