• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • 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.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Brooke Seipel
By Brooke Seipel
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
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

Latest in Success

shoplift
EconomyGen Z
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams
By Jacqueline MunisJanuary 10, 2026
1 day ago
Colgate-Palmolive CHRO Sally Massey
SuccessGen Z
Despite getting flak for being woke and lazy, an exec at $62 billion giant Colgate says Gen Z workers are actually ‘pushing us to get better’
By Emma BurleighJanuary 10, 2026
1 day ago
SuccessThe Promotion Playbook
L’Oreal exec tells Gen Z to be that person who grabs their manager’s coffee—instead of making you look junior, she says it can get you noticed
By Orianna Rosa RoyleJanuary 10, 2026
1 day ago
SuccessLongevity
CEO coach to the Fortune 500: The most powerful way to tackle 2026 is assuming you’ll live till 130
By Bill HoogterpJanuary 10, 2026
1 day ago
InvestingFintech
Asian households still save as much as half their wealth in cash. Fintech platforms like Syfe want to change that
By Angelica AngJanuary 9, 2026
1 day ago
Successphilanthropy
Bill Gates donated record $8 billion to Melinda French Gates’ foundation as part of their divorce settlement
By Marco Quiroz-GutierrezJanuary 9, 2026
2 days ago

Most Popular

placeholder alt text
Health
Bill Gates warns the world is going 'backwards' and gives 5-year deadline before we enter a new Dark Age
By Eleanor PringleJanuary 9, 2026
2 days ago
placeholder alt text
C-Suite
Silicon Valley billionaire flies coach out of solidarity: 'If I'm going to ask my employees to do it, I need to do it, too'
By Nick LichtenbergJanuary 9, 2026
2 days ago
placeholder alt text
Economy
As U.S. debt soars past $38 trillion, the flood of corporate bonds is a growing threat to the Treasury supply
By Jason MaJanuary 10, 2026
17 hours ago
placeholder alt text
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighJanuary 8, 2026
3 days ago
placeholder alt text
Economy
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams
By Jacqueline MunisJanuary 10, 2026
1 day ago
placeholder alt text
Success
Bill Gates donated record $8 billion to Melinda French Gates' foundation as part of their divorce settlement
By Marco Quiroz-GutierrezJanuary 9, 2026
2 days ago

© 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.