After Monday’s stock market decline, CEO Tim Cook personally assured an investor that Apple was doing just fine.
With the stock market in free fall Monday morning as a result of financial turmoil in China, investors may have been worried about their stakes in leading tech companies like Apple. To assuage such concerns, CEO Tim Cook wrote a note to CNBC analyst Jim Cramer, informing him that the company was still seeing “strong growth” in China through July and August.