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For nearly 15 years, Apple’s financial strategy has been defined by a single number: more than $1 trillion returned to shareholders through stock buybacks and dividends. Tim Cook inherited a company sitting on a cash mountain that Steve Jobs had accumulated out of institutional memory of near-bankruptcy in the 1990s. Cook reversed Jobs’ stance […]
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<p>The Apple rumors were true, once again. This week, the company announced that Tim Cook will be stepping down from his CEO role on September 1. Replacing him will be John Ternus, who currently [...]