Another striking visualization from Asymco
Nobody covering high tech today is better at turning raw data into colorful, expressive visuals than the Asymco team of Horace Dediu and Dirk Schmidt. On Tuesday Schmidt marked the end of the second Steve Jobs era by graphing the market capitalizations of Apple (AAPL) and 16 of its peers from 1997 (when Jobs returned to Apple) to 2011 (when he stepped down as CEO).
"According to his own admission," Schmidt writes, "Steve Jobs became CEO when Apple was 90 days away from bankruptcy. He resigned 14 years later after leading Apple to becoming the most valuable listed company in the world. From a value creation point of view, it's hard to think of a better performance from anyone, ever."
For Schmidt's analysis and a second graph showing Apple's share of the companies' combined market caps, click here.
NOTE: An earlier version of this piece attributed the chart and the analysis to Dediu. This work, however, appeared under Schmidt's byline.
When the company's blistering growth is factored in, it certainly looks that way
Four years ago, before the 2008 recession, Apple (AAPL) was trading at more than 45 times earnings. Today it's trading at less than 15 -- a situation that frustrates investors no end.
A little over a week ago, Dirk Schmidt, a German management consultant writing on one of our favorite blogs -- Horace Dediu's Asymco -- posed an interesting MOREPhilip Elmer-DeWitt - Sep 5, 2011 2:59 PM ET
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