A major change is set to take place at Apple starting September 1st. Tim Cook is stepping down as CEO and will be replaced by John Ternes. Apple is also set to launch the iPhone 18 Pro and iPhone Fold Ultra this month.
John Ternes will succeed Tim Cook as Apple CEO
With the beginning of September, technology giant Apple is set to undergo a major change. After leading the company for 15 years, Tim Cook will be stepping down, replaced by John Ternes. Cook took over the company in 2011 as Steve Jobs' successor.
Tim Cook posted this on Twitter a day ago. In the post, he wrote that his title will change tomorrow, but his love for the Apple community will never end. John Ternes, who succeeded Cook, has previously held several important positions. Ternes served as Apple's chief hardware engineer and played a key role in the Apple Air.
Tim Cook to remain at Apple
Tim Cook may no longer be Apple's CEO, but he will remain at the company. He will now serve as Executive Chairman. He will continue to assist with critical aspects of the business and will also continue to interact with leaders around the world.
Big change happening in Apple after 15 years
This is the biggest change Apple has seen in 15 years. Many changes have occurred before, but Tim Cook has led them all, and the company is currently in its strongest financial position ever. During his tenure, Tim Cook has expanded Apple's product portfolio, launching products such as the Apple Watch, AirPods, HomePod, and Vision Pro.
Who is John Ternes?
John Ternes joined Apple in 2001. Before becoming CEO, he served as Senior Vice President of Hardware Engineering. He played a key role in the development of many of Apple's major products, including the Mac, iPad, and AirPods. Some of these products have contributed up to 80 percent of revenue.