Fortune magazine has named Apple CEO, Steve Jobs, as "CEO of the decade".
In an article confirming the title, Fortune wrote:
"How's this for a gripping corporate story line: Youthful founder gets booted from his company in the 1980s, returns in the 1990s, and in the following decade survives two brushes with death, one securities-law scandal, an also-ran product lineup, and his own often unpleasant demeanor to become the dominant personality in four distinct industries, a billionaire many times over, and CEO of the most valuable company in Silicon Valley."
Jobs has certainly turned Apple around. Apple now dominates the MP3 player market with a range of iPod products and is well placed in the smart phone market due to increasing sales of the various iPhone editions. Mac sales and iPod sales remain strong despite difficult economic conditions. This quarter has seen Apple hit its best results in the history of the company, boasting a rather hefty $1.67 billion profit. Apple currently sits at position 5 in US computer sales, behind market leaders Dell and HP.
Fortune rounded off their article on "Why Steve Jobs?" by looking to the future. Now that Jobs has returned to his post as CEO following health issues, the question is what next? According to Fortune "given his penchant for secrecy and surprise and his proven brilliance, it's a fair bet that he'll let us know when he's good and ready."
Image Credit - Fortune Magazine
Thanks to Mephistopheles for the news tip