Tim Cook is stepping down as Apple CEO after nearly 15 years, with hardware chief John Ternus taking over

Tim Cook is stepping down as Apple CEO after nearly 15 years, with hardware chief John Ternus taking over


Summary: Tim Cook is stepping down as Apple CEO on 1 September after nearly 15 years, during which Apple’s market capitalisation grew from $348 billion to roughly $4 trillion and annual revenue quadrupled to $416 billion. John Ternus, the 50-year-old SVP of hardware engineering who oversees roughly 80% of Apple’s revenue-generating products, will become the […]



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