Tim Cook's departure marks a significant transition for Apple, as he has led the company for 15 years, during which its market value soared by approximately $4 trillion. His tenure was characterized by operational excellence and a strong emphasis on services, but concerns about innovation in AI technology have persisted. John Ternus, with over 25 years at Apple, is now tasked with steering the company towards a renewed focus on hardware and product innovation, essential for maintaining competitiveness against rivals like Nvidia.
BUSINESSPublished 21 Apr 2026 • Published 3 days ago • Updated 1 day ago
John Ternus Named Apple CEO, Tim Cook Steps Down
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Tim Cook is stepping down as Apple's CEO after 15 years, handing the reins to John Ternus. Ternus's extensive experience and focus on hardware innovation are seen as crucial for Apple to compete in the evolving tech landscape, particularly against AI advancements.
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Reddit · r/news
u/WilliamInBlack · 3 days ago · 95% upvoted
Apple names insider John Ternus as CEO, Cook to become executive chairman
539 upvotes · 70 comments
Top comments
u/TrashPanda100 · 163 upvotes · 3 days ago
Pretty sure that's John Apple in the picture. Good for him.
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