Cook Thanks Employees, Remembers Jobs Following Trillion-Dollar Valuation; Forgets Wozniak

Aug. 3, 2018

Applebecame the first publicly traded US company to bevalued at $1 trillionafter its stock gained 2.5 percent on Thursday, closing at $207.39. Followingthe development, the company’s CEO, Tim Cook, send out a memo to more than 120,000 employees, thanking them for their contribution towards the company’s success. He was also quick to point out that the valuation was just a mere‘milestone’and not an end in itself.

As can be seen above, Cook also rememberedSteve Jobs, who he said founded the company with the belief that human creativity would be capable of solving the biggest challenges. He also reminded his employees to focus on the future rather than dwelling on the past, and expressed hope that the company will continue to great work going forward.

Reacting to the astronomical valuation of the company he co-founded more than three decades ago, theoutspoken Steven Wozniak, said that he was proud about how far the company had come from its early days, but the valuation, in itself, didn’t have a lot of significance to him. According to ‘Woz’,“Of course I’m proud of Apple, but I don’t measure the world by human simplifications like round numbers. A company is great because it is great”.

Woz, notably, has been sharply critical of Jobs over the years, saying that the celebrated former Apple CEO didn’t understand computers that well, leading to a number of blunders, like the Apple III and Lisa computers. He also noted that Jobs treated his co-workers badly, saying that there are many such examples of his boorish behavior that people don’t know about.

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