$32 million: The number incoming Apple CEO John Ternus has to beat to measure up to Tim Cook

Apple's new CEO John Ternus faces a daunting task as he steps into the same CEO position as Tim Cook, according to Bank of America analyst Wamsi Mohan. Mohan's analysis shows that Apple's market cap has grown by approximately $32 million per hour for nearly 15 years under Cook's leadership, resulting in a total increase of $4.5 trillion.

Cook's tenure has transformed Apple from a struggling company into a market leader generating over $400 billion annually in revenue. Ternus, who will officially assume the role on September 1, will need to maintain the success built by Cook while introducing a new sense of innovation and technological breakthroughs, particularly in the era of AI.