Friday, October 5, 2012

Waiting for Apple's next big thing


Tim Cook with Steve Jobs at Apple headquarters in 2007 (Credit: James Martin/CNET)


Steve Jobs would surely be pleased.


A year after his death, the company he co-founded and brought back from near-ruin is on a tear. With its top executive team still in place, Apple is set to close out its most profitable year ever. Its stock, now up 65 percent for the year, gives Apple a market value far more than Google's and Microsoft's combined. The iPhone 5 is selling at a record pace, and fans continue to line up and even camp out for a chance to be one of the first with a new Apple product.


Now comes the hard part: Maintaining the formula for that wild success. It's CEO Tim Cook's biggest challenge as he moves beyond t... [Read more]




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