• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechApple

Apple CEO Tim Cook’s big week

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
Down Arrow Button Icon
By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
Down Arrow Button Icon
February 11, 2015, 10:41 AM ET

Tim Cook was feeling his oats Tuesday — as much as his guarded personality will allow — tweaking the mostly male audience at a Goldman Sachs technology conference for its lack of diversity and poking fun at his host’s over-sized watch. (Transcript; streaming audio.)

It was the start of an unusually high-profile week for Cook, who is scheduled to speak Friday at a White House summit on cybersecurity.

And an eventful one, it turned out. While he was still on stage, Apple closed with a record market cap of $710.74 billion, leaving Exxon ($382 billion), Google ($365 billion) and Microsoft ($349 billion) in the dust.

“You will always remember exactly where you were,” said Goldman President and COO Gary Cohn, he of the unstylish watch.

Maybe. Or maybe there’ll be other, more memorable milestones.

Investors seems to be buying the story Cook has been telling at every opportunity since he took over for Steve Jobs four years ago: That Apple is not like other companies and — he added Tuesday — isn’t necessarily subject to Wall Street “dogma” like the one that says that having grown so big, a company must stop growing.

“We don’t believe in such laws as laws of large numbers,” Cook said, sending Jacob Bernoulli rolling in his grave once again. (See Apple and those LOL numbers.)

“How many laws did Apple break?” Jean-Louis Gassée asked in his latest Monday Note. He came up with four:

  • Law 1: Larger size makes growth increasingly difficult.
  • Law 2: Everything becomes a commodity.
  • Law 3: Market share always wins.
  • Law 4: Modularity Always Wins.

.

As self-serving as it sounds, Apple really is focused not on the numbers but — as Cook keeps saying — on making great products that enrich peoples’ lives. And when it comes to Apple’s great-product track record, the closest analogy is Pixar, the only Hollywood studio that makes box office hits and nothing else.

There’s another, deeper way that Apple under Tim Cook is not like other companies. I was reminded of it by Mark Bittman’s bleak vision on the New York Times OpEd page Wednesday of an earth despoiled by corporate interests unfettered by a compliant government.

“The business of America should not be business, but well-being,” Bittman writes in “What Is the Purpose of Society? “As unrepresentative as government might seem right now, there is at least a chance of improving it, whereas corporations will always act in their own interests.”

But here’s Tim Cook, worrying about Apple’s carbon footprint, building a $2 billion net-neutral data center in Arizona and — as he announced Tuesday — a $850 million solar farm in California’s Monterey County.

“Quite frankly,” Cook felt obliged to add, because this was a financial conference, “we are doing this because it is right to do, but you may also be interested to know that it’s good financially to do it.”

Follow Philip Elmer-DeWitt on Twitter at @philiped. Read his Apple AAPL coverage at fortune.com/ped or subscribe via his RSS feed.

About the Author
By Philip Elmer-DeWitt
See full bioRight Arrow Button Icon

Latest in Tech

AIchief executive officer (CEO)
Microsoft AI boss Suleyman opens up about his peers and calls Elon Musk a ‘bulldozer’ with ‘superhuman capabilities to bend reality to his will’
By Jason MaDecember 13, 2025
7 hours ago
InvestingStock
There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts say
By Jason MaDecember 13, 2025
12 hours ago
Politicsdavid sacks
Can there be competency without conflict in Washington?
By Alyson ShontellDecember 13, 2025
12 hours ago
InnovationRobots
Even in Silicon Valley, skepticism looms over robots, while ‘China has certainly a lot more momentum on humanoids’
By Matt O'Brien and The Associated PressDecember 13, 2025
14 hours ago
Sarandos
Arts & EntertainmentM&A
It’s a sequel, it’s a remake, it’s a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner
By Nick LichtenbergDecember 13, 2025
19 hours ago
Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California.
AIOracle
Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt markets
By Eva RoytburgDecember 13, 2025
20 hours ago

Most Popular

placeholder alt text
Success
Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion
By Preston ForeDecember 12, 2025
2 days ago
placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
2 days ago
placeholder alt text
Success
40% of Stanford undergrads receive disability accommodations—but it’s become a college-wide phenomenon as Gen Z try to succeed in the current climate
By Preston ForeDecember 12, 2025
2 days ago
placeholder alt text
Economy
The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shake-up
By Jason MaDecember 12, 2025
1 day ago
placeholder alt text
Economy
For the first time since Trump’s tariff rollout, import tax revenue has fallen, threatening his lofty plans to slash the $38 trillion national debt
By Sasha RogelbergDecember 12, 2025
1 day ago
placeholder alt text
Success
Apple CEO Tim Cook out-earns the average American’s salary in just 7 hours—to put that into context, he could buy a new $439,000 home in just 2 days
By Emma BurleighDecember 12, 2025
2 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.