Apple CEO Tim Cook abruptly stands down after inheriting tech giant from Steve Jobs

2 weeks ago 16

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 Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters on September 09, 2025 in Cupertino, California. Apple unveiled a new generation of iPhones and updated Apple Watches and AirPods during a special event at Apple headquarters. (Photo by Justin Sullivan/Getty Images)
Tim Cook is stepping down after 15 years as Apple CEO

Tim Cook is stepping down as Apple CEO, a role he inherited from his friend – the late Steve Jobs.

In his 15-year reign, the tech giant’s market value soared by more than $3.6 trillion, largely thanks to the iPhone.

Cook, 65, will now hand the CEO duties to Apple’s head of hardware engineering, John Ternus, on September 1 while staying on as executive chairman.

That’s similar to the transitions made by Read Entire Article