US EditionSteve Jobs Called Tim Cook ‘Not a Product Person,’ but Still Handpicked Him to Run Apple and Turn It Into a $4 Trillion Tech Giant
John Ternus will inherit a company valued at $4 trillion after Cook’s tenure brought Apple Intelligence, Apple Silicon and a $600 billion U.S. investment plan.
- After 15 years as leader of Apple Inc., CEO Tim Cook is stepping down, with hardware specialist John Ternus taking over the top position.
- Cook succeeded Steve Jobs in 2011 and transformed Apple into a powerhouse, growing its market valuation from under $350 billion to $4.01 trillion today.
- Expanding the company's ecosystem, Cook added Apple Watches and AirPods to the lineup, growing the installed base to more than 2.5 billion active devices.
- Remaining with Apple as executive chairman, Cook will continue providing guidance after his tenure, which built an unprecedented record of success.
- Ternus faces the challenge of balancing Apple's domestic interests with key overseas markets like China while competing with Silicon Valley peers like Alphabet Inc. in the AI age.
27 Articles
27 Articles
Apple announced on Monday, April 21, that Tim Cook will leave the post of CEO on September 1, after 15 years in command of the company. John Ternus, current senior vice president of hardware engineering, will replace him as CEO.Cook, 65, will remain in Apple as executive chairman of the board of directors, replacing Arthur Levinson, who held that position for the past 15 years.The transition was unanimously approved by the board of directors and…
Apple chief executive Tim Cook resigns after 15 years. What’s next for the tech giant?
Today, Apple announced the tech company’s longtime chief executive Tim Cook will step down and transition to the role of executive chairman of Apple’s board of directors. This change will take effect from September 1 2026. John Ternus, currently Apple’s senior vice president of hardware engineering, will take over as chief executive. However, Cook will […] The post Apple chief executive Tim Cook resigns after 15 years. What’s next for the tech g…
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