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CNBC’s Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple
achieved something many in corporate America consider “almost impossible.”
“You have heard a lot about Tim Cook today and for good reason,” the “Mad Money” host said. “He built the greatest consumer-based enterprise in history.”
Cook, who succeeded Steve Jobs and will be replaced by hardware engineer John Ternus in September, faced early skepticism about whether he could maintain — let alone expand — Apple’s dominance. But under his leadership, the company’s stock increased roughly 1,900%, as of Monday’s close, while also deepening its connection with customers in ways that Cramer said are rare in modern business.
