With Tim Cook set to receive more than $100M in stock bonuses as he reaches his fifth anniversary as Apple’s CEO today, the Financial Times has assessed the performance of AAPL under his leadership in a series of five charts.
In a ‘good news, bad news’ chart, the FT begins with a Bloomberg chart showing cumulative sales of the iPhone against income from the device as a percentage of total revenue. While analysts have focused on recent year-on-year dips, there’s no arguing with the steady rise in cumulative sales, Apple recently selling its billionth iPhone.
But the overall trend is also for the company to be increasingly dependent on iPhone revenue, making the decline in sales more worrying than it might otherwise be …
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