Tim Cook has brought some new operational changes to Apple Inc. (NASDAQ:AAPL).
According to a Wall Street Journal report, the new CEO Tim Cook has started becoming involved in the administrative matters of Apple Inc. (NASDAQ:AAPL), such as promotions and structure reporting, that never interested its recently deceased CEO Steve Jobs.
On top of this, Cook has become more communicative with employees by sending companywide e-mails addressed to the ‘Team’.
Cook wrote a letter to Apple Inc. (NASDAQ:AAPL) employees that said, “I want you to be confident that Apple Inc. (NASDAQ:AAPL) is not going to change. I cherish and celebrate Apple Inc. (NASDAQ:AAPL)’s unique principles and values. We are going to continue to make the best products in the world that delight our customers and make our employees incredibly proud of what they do.”
Apple Inc. (NASDAQ:AAPL) stocks were at 397.41 at the end of the last day’s trading. There’s been a 2.0% change in the stock price over the past 3 months.
Apple Inc. (NASDAQ:AAPL) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.21
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.22
Zack’s Rank: 1 out of 2 in the industry