Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

CEO Tim Cook: Apple- Why Tim Cook Should Remain CEO

CEO Tim Cook: With everything Tim Cook has done for Apple Inc. (NASDAQ:AAPL) since taking over as CEO, it is a shame that there are many who think the time for him to leave the company has come.

Tim CookOver the past few weeks, with Apple Inc. (NASDAQ:AAPL) shares dropping like a rock, some are calling for his head.

But is this fair? Do recent struggles really mean the tech giant should think about kicking Cook to the curb and bringing in fresh blood?

If you believe a recent article published on Forbes, the answer is yes:

“Some Wall Street sources close to some Apple executives say such a move is afoot, although there’s yet no available evidence that the board of the once-mighty top tech-innovator is officially in such a game-changing mode. But if it isn’t yet pursuing such a goal, it should, according to some big stakeholders, who have trimmed their Apple holdings.”

While the Forbes piece starts off by alluding to the fact that this rumor has legs, there are no names thrown around as far as the “sources” are concerned. This is red flag number one that this is nothing more than a rumor that is being spread without any merit.

The article goes on to add the following:

“So unless Apple CEO Cook announces something really dramatic in new products or astronomical earnings on Tuesday, the stock will surely decline even more. And so will Tim Cook’s standing with shareholders and investors — and Wall Street. That may finally signal his exit.”

Now that we have all the propaganda out of the way, let’s dig in and take a closer look at why it makes sense for Apple Inc. (NASDAQ:AAPL) to keep Cook as its CEO for the time being.

First and foremost, there is no reason to jump the gun. Companies, especially those the size of Apple, go through cycles of ups and downs. Can you recall anybody calling for Cook’s job at the end of 2012?

In other words, you cannot judge Cook’s performance based on a rough stretch in the markets that was to be expected at some point in time. Was Steve Jobs perfect? Definitely not.

We all know that Apple Inc. (NASDAQ:AAPL) stock has taken a hit as of late. It is under $400 and investors are concerned.

But remember one thing: Apple is actually up 12 percent since Cook took over as CEO. This is often times overlooked due to the company’s recent struggles.

Let’s not stop there. Instead, here are a few other things Cook has done for Apple Inc. (NASDAQ:AAPL) since taking over as CEO:

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.