Tim Cook Steps Down As Apple CEO, John Ternus Takes Over Leadership
New Delhi: Apple has entered a new leadership era, with John Ternus taking over as chief executive officer from Tim Cook, who led the US technology giant for 15 years. Ternus assumed the CEO role effective September 1, ending Cook's tenure at the helm that began in August 2011 after Apple co-founder Steve Jobs stepped down. These are some of the biggest Apple products, services and features…
Apple has ushered in a new chapter of leadership as John Ternus assumes the role of chief executive officer, replacing Tim Cook, who led the company for 15 years. Ternus officially took on the CEO position on September 1, concluding Cook's tenure that began in August 2011 following Steve Jobs' departure from the CEO role. During Cook's time as CEO, Apple launched some of its most iconic products, services, and features.
Cook's new position as executive chairman will involve engaging with global policymakers while remaining involved in select company matters. Ternus has also joined Apple's board of directors.
John Ternus, who joined Apple's product design team in 2001, was appointed senior vice president of hardware engineering in 2021. In his role, he oversaw hardware engineering across the company's product lineup and played a key part in developing notable products such as the iPhone, iPad, AirPods, and Mac. Recently, Ternus' team worked on the ultrathin iPhone Air and the new MacBook Neo.
Tim Cook bid farewell to Apple staff, expressing confidence in Ternus, praising his "mind of an engineer, the soul of an innovator, and the heart to lead with integrity." Apple's market capitalization expanded significantly under Cook's leadership, rising from approximately $350 billion to around $4 trillion. Apple's annual revenue also grew from about $108 billion in 2011 to over $400 billion.
Looking ahead, Apple is set to announce the iPhone 18 Pro series and the first foldable iPhone on September 9, promising additional developments in the product lineup. The AI sector presents a significant challenge for Ternus, as he takes charge at a pivotal moment in the global technology industry, with the potential to reshape Apple's hardware, software, and services ecosystem.
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