Apple CEO Tim Cook is stepping down in September, with hardware chief John Ternus set to take over leadership. Ternus inherits a strong tech business but faces challenges including regulatory pressure on the App Store's 30% commission model and shifting market dynamics. This leadership transition marks a significant moment for Apple's future direction.
Background
Tim Cook has served as Apple's CEO since 2011, succeeding Steve Jobs and leading the company through massive growth and product expansion. Apple is currently the world's most valuable public company with significant influence across hardware, software, and services.
- Source
- TechCrunch
- Published
- Apr 24, 2026 at 10:00 PM
- Score
- 8.0 / 10