Under Tim Cook, Apple's Stock Soars 2,000 Percent

Tim Cook shocked the public after announcing his resignation as Chief Executive Officer (CEO) of Apple on Monday (20 April 2026) US time. Cook will relinquish the top position at Apple effective 1 September 2026. Under Tim Cook’s leadership, Apple’s stock has recorded a significant increase. Cumulatively, Apple’s stock has soared by up to 2,000 percent, particularly since Cook took office as CEO in August 2011. Bloomberg data cited by Business Insider shows that Apple’s share price initially rose gradually until around 2015. A more significant surge occurred in 2020, when the Covid-19 pandemic drove increased demand for digital devices and online-based services. This momentum continued until 2022 with increasingly aggressive growth. Apple’s share price increase persisted in the following years, reaching a 2,040 percent gain as of December 2025. Following the announcement of Cook’s resignation, Apple’s stock fell 1 percent in Monday’s trading (20 April 2026), closing at $273.05 (approximately Rp4.6 million) per share. The CEO position will be taken over by John Ternus, who previously served as Senior Vice President of Hardware Engineering at Apple. Meanwhile, Cook will transition to the role of Executive Chairman on Apple’s board of directors. Cook’s departure from his current position also comes amid investor concerns about Apple’s prowess in developing AI compared to other major technology companies. “Tim Cook leaves an indelible legacy at Apple, and there will be immense pressure on Ternus to continue the success, especially in the field of AI,” said Wedbush Securities analyst, quoted by KompasTekno from Business Insider. At the time, many doubted whether a supply chain expert like Cook could maintain the innovation magic of the Jobs era. However, the numbers speak louder. Under his steady hand, Apple not only survived but evolved into an unmatched financial giant.