{
  "id": 4851659,
  "title": "AAPL gained 2,736% under Cook, but Ternus doesn’t have to emulate him",
  "url": "https://urgent.news/2026/09/01/aapl-gained-2-736-under-cook-but-ternus-doesnt-have-to-emulate-him",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-01T11:46:06.000Z",
  "source": {
    "name": "9to5Mac",
    "slug": "9to5mac",
    "url": "https://9to5mac.com/2026/09/01/aapl-gained-2736-under-cook-but-ternus-doesnt-have-to-emulate-him/"
  },
  "original_language": "en",
  "account": "A new Bloomberg article highlights the remarkable gains made by Apple shareholders during Tim Cook's tenure as CEO, with a cumulative gain of 2,275%, or a total return of 2,736%, including dividends. The outlet argues that finding someone to succeed Cook will be extremely challenging, but the author believes John Ternus does not need to emulate Cook's management style. Cook transformed Apple from a company with a market capitalization of less than $350 billion into a diverse $4.6 trillion business, selling iPhones, Macs, watches, AirPods, and financial services. The author points out that during his time as CEO, Apple's shares increased by 2,736% in total-return terms. However, Ternus should not be concerned about replicating this level of financial success under his leadership. Two reasons support this view. First, both of Cook's predecessors emphasized that financial success is a byproduct of creating great products, not a primary goal. Jobs famously stated, \"If you focus on making really great products, then the profits will follow,\" and Cook echoed this sentiment, stating he was more concerned with long-term direction than short-term results. Second, Steve Jobs advised Tim Cook to disregard what he would have done and focus on doing the right thing for the company. Ternus should not try to replicate Cook or Jobs' approaches but instead lead Apple in a way he believes will foster the development of top-notch products and a thriving corporate culture. The author believes Ternus is likely to be a distinct CEO from Cook and suggests following a unique \"North Star\" for Apple's future rather than attempting to replicate past success formulas.",
  "summary": "Bloomberg carries a piece noting the astonishing gains made by Apple stockholders during the time when Tim Cook was CEO. The cumulative gain was 2,275% – or a total return of 2,736% when accounting for dividend payments also. The site suggests this will make him a tough act to follow, but my own view is that new CEO John Ternus doesn’t have to emulate Cook’s management of the company … more…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "AppleInsider",
        "title": "Both Tim Cook & John Ternus are the right guys in the right place, at the right time",
        "url": "https://urgent.news/2026/08/31/both-tim-cook-john-ternus-are-the-right-guys-in-the-right-place-at",
        "published": "2026-08-31T13:29:08.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "On his last day as CEO, Tim Cook pens an emotional memo reflecting on his time at Apple and says he takes \"enormous comfort\" in handing the helm to John Ternus (Chance Miller/9to5Mac)",
        "url": "https://urgent.news/2026/08/31/on-his-last-day-as-ceo-tim-cook-pens-an-emotional-memo-reflecting-on",
        "published": "2026-08-31T19:45:01.000Z"
      },
      {
        "outlet": "The Verge",
        "title": "John Ternus is now the CEO of Apple",
        "url": "https://urgent.news/2026/09/01/john-ternus-is-now-the-ceo-of-apple",
        "published": "2026-09-01T10:04:02.000Z"
      },
      {
        "outlet": "TechCentral",
        "title": "The John Ternus era begins at Apple",
        "url": "https://urgent.news/2026/09/01/the-john-ternus-era-begins-at-apple",
        "published": "2026-09-01T11:12:57.000Z"
      },
      {
        "outlet": "Mashable",
        "title": "John Ternus officially takes over as Apple CEO",
        "url": "https://urgent.news/2026/09/01/john-ternus-officially-takes-over-as-apple-ceo",
        "published": "2026-09-01T11:25:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}