New Apple CEO John Ternus takes over from Tim Cook, ending 15-year tenure
Ternus inherits a company racing to catch up in artificial intelligence as Cook shifts to executive chairman after 15 years and Apple’s value tops $4 trillion.
- On Tuesday, Apple CEO John Ternus took the helm of the company as Tim Cook stepped down after 15 years of leading Apple.
- Under Cook, Apple transformed into a services juggernaut, with market cap growing $32 million an hour and more than 1.5 billion paid subscriptions across its platforms.
- Apple CFO Kevan Parekh noted margins will drop to 46.5% for the September quarter, down from 48.1%, as Cook cited memory costs as "really driven by memory."
- Samsung, Hynix, and Micron account for about 94% of the DRAM memory market, and management warns these shortages could persist through 2027.
- As Ternus navigates the uncertainty of the AI era, Apple has reportedly tested DRAM memory chips from Chinese supplier CXMT to diversify its supply chain.
319 Articles
319 Articles
Apple’s new CEO Ternus takes over from Tim Cook after 15 years
Apple’s new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook’s 15-year tenure during which the company’s value skyrocketed to US$4.6 trillion thanks to the iPhone’s enormous popularity. The transition to a new CEO comes at a pivotal time for Apple. Artificial intelligence has unleashed the greatest upheaval within the industry since Steve Jobs unveiled the first iPhone in 2007. Apple has got off to a rough star…
Why Is Tim Cook Stepping Down as Apple CEO Right Before the Big September Product Launch Event?
Tim Cook stepped down as Apple CEO on Tuesday, 1 September 2026, ending 15 years at the helm just eight days before the company's major September product event in Cupertino, California. John Ternus has succeeded him as chief executive, although Cook is not leaving Apple and has instead become executive chairman. The timing places Ternus in charge for Apple's 9 September event, when the company is expected to unveil its next generation of iPhones…
Apples new CEO, John Ternus, takes over from Tim Cook after 15 years - The Tribune
Apple’s new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook’s 15-year tenure during which the company’s value skyrocket to USD 4.6 trillion thanks to the iPhone’s enormous popularity. The transition to a new CEO comes at a pivotal time for Apple. Artificial intelligence has unleashed the greatest […]
The new CEO has been in Cupertino for 25 years, ran the hardware of iPhone, iPad and Mac, and faces the company’s big debt with artificial intelligence
Big Question: How new Apple CEO John Ternus will move the stock as Tim Cook leaves huge shoes to fill
Apple stock outlook: According to experts, Apple’s strength comes from its ecosystem, with a huge user base and an ability to generate recurring revenues outside its sales of hardware such as the iPhone
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