Steve Jobs’ amazing accomplishment at Apple

Whether you love or hate Apple, you simply can’t deny the incredible accomplishment of Steve Jobs as CEO. Apple was on life support at a $3billion valuation when starting in 2000 Steve became its permanent CEO. Eleven years later, Apple is worth > $350 billion. That’s a nice 100x return on your money, meaning that had you bought $10k in stock in ’99, you’d be worth over a million today.

When Apple acquired NeXT, and Jobs, for $400 million in December, 1996, Apple’s market cap was $3 billion. Today it’s $347 billion, leaving it just $2 billion short of being the most valuable public company in the world, Exxon.

How did Jobs steer the company away from its crash course with the graveyard? By introducing an unrivaled string of hit products.