Core Insights - Apple's transformation from a product-first disruptor to a capital-return powerhouse is highlighted as one of the most significant changes in corporate history [1] Company Overview - The company has shifted its focus towards returning capital to shareholders, indicating a strategic pivot from innovation-driven growth to shareholder value enhancement [1] - Under the leadership of a visionary entrepreneur, Apple has successfully navigated this transformation, showcasing its adaptability in a competitive market [1] Financial Performance - The article emphasizes the financial metrics that reflect Apple's success in capital returns, although specific figures are not provided in the excerpt [1] - The company's ability to generate substantial cash flow has enabled it to implement significant share buybacks and dividend payments [1]
Tim Cook adopted a strategy Steve Jobs opposed: Here's how it has fared for Apple stock