Warren Buffett’s favourite Apple stock has delivered around 42% returns over the past year, but with John Ternus set to take over as CEO, investors are watching whether the iPhone maker can maintain its strong performance.
When Tim Cook took charge as Apple CEO after Steve Jobs in August 2011, many people questioned whether he could successfully fill the shoes of the legendary founder. However, as valuation expert Aswath Damodaran puts it, Jobs provided the "foundational boost" with a 47.19% compounded annual return; Cook added an astounding $3.64 trillion in market value
