Apple has been embroiled in a six-year legal battle over one of its Apple Watch health apps. The end may finally be in sight.
John Ternus will become Apple's eighth CEO in September, continuing a tradition of internal promotion at the iPhone maker. Industry experts have long speculated that the 50-year-old Ternus would become Cook's eventual successor.
You could say Tim is turning over the reins. 🍎 After nearly 15 years as Apple CEO, Tim Cook is stepping down.
CNBC's Jim Cramer praised Apple CEO Tim Cook for building "the greatest consumer-based enterprise in history." Cramer explained that under Cook's leadership, Apple not only increased shareholder returns, but also deepened its connection with customers in a way that is rare in corporate America.
When John Ternus takes Apple's top spot on Sept. 1, he'll be tasked with tackling some key hurdles.
Apple (AAPL) closed at $266.17 in the latest trading session, marking a -2.52% move from the prior day.
Cook, too, faced big doubts on whether he could successfully succeed an iconic leader. His early moves are a guide to how it's done.
Apple silicon lead Johny Srouji was promoted to the new role of chief hardware officer at the same time that John Ternus was named as the company's next CEO. It's the latest step in Apple's rapid march toward making chips for all of its key devices.
Apple Inc. (AAPL) announced Monday that Tim Cook will transition to executive chairman, while John Ternus will become CEO effective September 1. Ternus has served as senior vice president of hardware engineering since 2021.
Tim Cook took Apple to unprecedented heights during his 15-years at the top. Tom Mackenzie looks at his legacy in numbers -------- More on Bloomberg Television and Markets Like this video?
Tim Cook took Apple to unprecedented heights during his 15-years at the top. Tom Mackenzie looks at his legacy in numbers -------- Like this video?
After 15 years at the helm, Tim Cook is stepping down as CEO of Apple and handing over the reins to the company's senior vice president of hardware engineering, John Ternus. Cook, who joined Apple in 1998, succeeded Steve Jobs in 2011 and went on to transform Apple into a powerhouse worth $4 trillion.