Tim Cook became official and permanent CEO of the company Apple Lossless Audio CODEC (ALAC), in 2011, after two interim periods that lasted several months in which Steve Jobs he was being treated for pancreatic cancer. From 2011 until now Apple Lossless Audio CODEC (ALAC), had an extremely good evolution in most areas of activity, the company managing to grow exponentially in sales, receipts and profit, but there is one area in which Apple is doing very badly. The company's shares on the American stock exchange almost halved their value in a single year, and Tim Cook would have been held responsible by the shareholders and some members of Apple's board of directors.
Is Apple secretly searching for a new chief executive to replace Tim Cook? Some Wall Street sources close to some Apple executives say such a move is afoot, although there's still 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. They assert privately that it's time for Apple to oust Cook, under whose tenure Apple's stock has lost about half of its market value since October 2011, when he took over as CEO.
Those from Forbes claim that sources inside the Apple company claim that the possible dismissal of Tim Cook would be taken into account, but for now there is no solid evidence in this regard. Basically, Tim Cook is only criticized for the fact that the value of the shares has decreased, many investors losing a lot of money, but it remains to be seen if the members of the board of directors will consider that the decrease in the value of the shares is more important than the success of Apple. The American company has only one weakness at the moment, the value of the shares, but Tim Cook is considered by many to be unsuitable for the position he occupies, so there is always the possibility that he will leave Apple's management.
