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 like the foldable iPhone and revamped Siri. Cook will remain as executive chairman, focusing on global policy engagement. The transition marks a new chapter for Apple amid its massive growth to a $4.5 trillion market cap.
Apple veteran Phil Schiller has stepped down from his role overseeing the App Store and product events, remaining at the company as an Apple Fellow. The App Store will now be managed under Apple's Services division, led by Eddy Cue, with Carson Olive...
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...
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...
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...
