• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessApple

Steve Jobs convinced Tim Cook that Apple would never go out of business—even though critics thought so

Brooke Seipel
By
Brooke Seipel
Brooke Seipel
Down Arrow Button Icon
Brooke Seipel
By
Brooke Seipel
Brooke Seipel
Down Arrow Button Icon
December 4, 2024, 6:54 PM ET
Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York.
Apple CEO Tim Cook opened up about his relationship with the late Steve Jobs, sharing how the legendary founder’s vision convinced him Apple would thrive, even when critics thought it was doomed.Photographer: Victor J. Blue/Bloomberg via Getty Images

In a new interview with Wired this week, Apple CEO Tim Cook opened up about his relationship with the late Steve Jobs, sharing how the legendary founder’s vision convinced him Apple would thrive, even when critics thought it was doomed.

Recommended Video

“If you remember, Michael Dell had said if he was the CEO, he would shut Apple down and just return whatever assets were left to the shareholders,” Cook said. “Michael just said what most everyone else thought.”

But a conversation with Jobs in 1998 changed everything. “When I came out to talk to Steve about working at Apple, it felt so alive and so different. He was passionate about the product, about Apple, and its purpose,” Cook said. “From that point, I never thought that Apple would be going out of business.”

Cook would go on to join Apple, leaving a secure position at Compaq despite warnings from colleagues about Apple’s precarious state. (Mind you, this was years before the iPod, iTunes, and iPhone came along, marking what many consider to be Apple’s renaissance.) After Jobs’ death in 2011, Cook took over as CEO, overseeing the company’s transformation into one of the world’s most valuable brands.

Here are some other key remarks from the interview:

Cook goes to Steve Jobs’ old office for inspiration

More than a decade after Jobs’ death, his old office at Apple’s former headquarters, One Infinite Loop, remains intact. Cook revealed that he still visits the office occasionally, finding inspiration in the space where Jobs worked.

“No one’s ever moved in there,” Cook told Wired. “I like my connection back to Steve, and I like the company’s connection back to Steve. From him emanates our values and our DNA.”

The office serves as a touchstone for Cook and a reminder of Jobs’ enduring influence on Apple’s culture. While Apple Park now serves as the company’s headquarters, One Infinite Loop, in Cupertino, California, remains a symbol of the company’s history.

AI is about to ‘reinvent’ everything at Apple

As Apple navigates a new era of technological innovation, Cook sees artificial intelligence as the next transformative chapter for the company.

“AI will reinvent and provide a new era and a new chapter for iPhone, iPad, and the Mac,” Cook said during the interview. “We’re just at the beginning.”

Cook highlighted AI’s potential to reshape how users interact with Apple’s products, making them more intuitive and capable of handling complex, multi-step tasks. While Siri remains a cornerstone of Apple’s AI efforts, Cook suggested that significant advancements are on the horizon.

“I think more people will have a relationship with Siri because it will become more personally relevant and be able to take tasks off your plate,” he said.

For Cook, AI holds the same groundbreaking potential as the iPhone’s introduction of multi-touch technology, which revolutionized smartphones. With AI, he believes Apple is poised to usher in a new era of innovation, much like it has done in decades past.

Fortune Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Fortune Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
About the Author
Brooke Seipel
By Brooke Seipel
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in Success

Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris.
C-SuiteNvidia
Before running the world’s most valuable company, Jensen Huang was a 9-year-old janitor in Kentucky
By Eva RoytburgDecember 5, 2025
5 hours ago
Jensen Huang
SuccessBillionaires
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant ‘state of anxiety’ out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
22 hours ago
Successphilanthropy
‘Have they given enough? No’: Melinda French Gates rips into billionaire class, saying Giving Pledge has fallen short
By Sydney LakeDecember 4, 2025
22 hours ago
Geoffrey Hinton gestures with his hands up
Successthe future of work
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
22 hours ago
Factory worker on assembly line.
SuccessGen Z
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it’s the one trade job Gen Z doesn’t want
By Emma BurleighDecember 4, 2025
23 hours ago
SuccessWealth
Meet Luana Lopes Lara: The 29-year-old ex-ballerina spent college summers working for Ray Dalio and Ken Griffin—now she’s the youngest female self-made billionaire
By Orianna Rosa RoyleDecember 4, 2025
24 hours ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
1 day ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
22 hours ago
placeholder alt text
Success
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it's the one trade job Gen Z doesn't want
By Emma BurleighDecember 4, 2025
23 hours ago
placeholder alt text
Success
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
22 hours ago
placeholder alt text
Economy
Tariffs and the $38 trillion national debt: Kevin Hassett sees ’big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’
By Nick LichtenbergDecember 4, 2025
21 hours ago
placeholder alt text
Health
Bill Gates decries ‘significant reversal in child deaths’ as nearly 5 million kids will die before they turn 5 this year
By Nick LichtenbergDecember 4, 2025
1 day 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.