Apple’s Steve Jobs dealt with the 2008 financial crisis not by layoffs or slimming spending but by investing his way through the downturn—and it paid off

Quick Summary:

Just two years after the 2008 financial crisis, Apple released the iPad.

Apple’s stock had its best day since January 1998 yesterday off the news that President Donald Trump would pause his wide-sweeping tariff plans—which had caused the market to freefall.

By the time the 2008 recession rolled around, Apple was still selling millions of smartphones and computers.

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Article Details

Author / Journalist: Preston Fore

Category: EconomyBusiness

Markets: United States

Topics: Business advice Leadership Steve Jobs Investment advice Economy Finance Investing advice Economic downturn Tariffs Apple

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 15:41:48 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 629 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 158 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27775123

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Official Website: fortune.com

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Year Established: 1929

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