Tim Cook has stepped down as Apple's CEO, endorsing John Ternus, the senior vice president of hardware engineering, as his successor. Cook emphasized that he is not leaving Apple but transitioning to executive chairman, where he will manage political relationships. Ternus' promotion signals a renewed focus on hardware and product execution at Apple, especially as hardware plays a critical role in the AI era. Cook expressed gratitude for Apple's culture and the team's dedication, highlighting the company's mission to make a positive impact on the world.
Tim Cook is stepping down as Apple CEO after 15 years, during which he led the company to historic milestones including becoming the first U.S. company to reach a $1 trillion market cap. He will remain as executive chairman, with John Ternus, Apple's...
Apple's longtime CEO Tim Cook has stepped down after 15 years, passing leadership to John Ternus, head of hardware. Ternus faces challenges including a tough AI rollout, a global chip shortage causing price hikes, and upcoming major product launches ...
Phil Schiller, head of Apple's App Store since 2015, has stepped down but remains at Apple as a Fellow, signaling a gradual exit amid a wave of top executive departures including COO Jeff Williams and Apple Pay head Jennifer Bailey. Schiller led the ...
Apple posted a record quarter with strong iPhone and Mac sales, but its earnings beat was partly boosted by tariff refunds. Salesforce also beat earnings expectations, driven by rapid AI monetization through Agentforce and other products, with signif...
John Ternus becomes Apple's CEO on Sept 1, inheriting Tim Cook's AI strategy that relies on licensing Google's Gemini AI model to power a rebuilt Siri. This approach contrasts with rivals investing heavily in their own AI infrastructure. Apple's new ...
