Apple co-founder Steve Jobs named Fortune 'CEO of the Decade'

For his role in turning Apple into a groundbreaking technology leader and the most valuable company in Silicon Valley, Fortune Magazine has named Steve Jobs its “CEO of the Decade.”
The magazine’s profile of Jobs noted that the 54-year-old overcame rejection from his own company in the 1980s, a Securities and Exchange Commission investigation scandal, two brushes with death and “his own often unpleasant demeanor” to earn the title. Given that Jobs has transformed American business, the publication has heralded the 2000s as “the decade of Steve.”

“It’s often noted that he’s a showman, a born salesman, a magician who creates a famed reality-distortion field, a tyrannical perfectionist,” the report said. “It’s totally accurate, of course, and the descriptions contribute to his legend.”
In the past decade, Jobs and Apple have entered and changed the industries of music, movies and cell phones. The company has also remained in the computer business, where it continues to innovate as it has done for decades. The magazine went on to compare Jobs to some of the greatest innovators in business history.
“Remaking any one business is a career-defining achievement; four is unheard-of,” the report said. “Think about that for a moment. Henry Ford altered the course of the nascent auto industry. PanAm’s Juan Trippe invented the global airline. Conrad Hilton internationalized American hospitality.
“In all instances, and many more like them, these entrepreneurs turned captains of industry defined a single market that had previously not been dominated by anyone. The industries that Jobs has turned topsy turvy already existed when he focused on them.”
Since 2000, when Apple was worth about $5 billion, the company has delivered record quarter after record quarter. Today, Apple is worth about $170 billion, making it slightly more valuable than competitor Google.

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