In a major tech update, Tim Cook has officially stepped down as Chief Executive Officer (CEO) of Apple after a successful 15 year journey. John Ternus, who previously served as Senior Vice President of Hardware Engineering, has officially taken charge as Apples new CEO.
Tim Cook took over Apple in August 2011 following co founder Steve Jobs. Over 15 years, Cook transformed Apple into a massive $4.6 trillion tech giant. Under his leadership, Apples stock price surged by an astonishing 2,275%. He successfully expanded Apple beyond iPhones by introducing popular gadgets like AirPods and Apple Watch, alongside lucrative subscription services like Apple Music and iCloud. While Cook remains at Apple as Executive Chairman of the Board, all eyes are now on John Ternus. Ternus is a 25 year Apple veteran who played a key role in developing iPhones, iPads, and custom Apple Silicon chips.
The incoming chief executive faces immediate tests. Investors are watching how Ternus handles growing competition in Artificial Intelligence (AI) and rising supply chain costs. The world will get its first look at his vision during Apples upcoming September launch event, where the company is rumored to unveil its long awaited foldable iPhone. Tech enthusiasts and investors across India and the globe are watching closely as Apple enters this fresh chapter under new leadership.
