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Tim Cook’s final Apple earnings call arrives as shares hit $5T
Apple reached a $5 trillion market cap milestone for the first time, underscoring the high expectations for Cook’s last call as CEO.
CNBC Markets reports that Apple has reached a $5 trillion market capitalization milestone for the first time, with shares trading at record levels.
Against that backdrop, the outlet notes that CEO Tim Cook is set to deliver his final earnings call, marking a key moment for the company as he steps down from the top job.
While the stock has surged to a valuation milestone, CNBC Markets says Cook still faces significant issues to address on the earnings call, given the scale of the expectations implied by the record valuation.