Tim Cook to step down as Apple chief as John Ternus named replacement

Apple's hardware chief John Ternus will succeed Tim Cook as CEO in September, marking the first leadership change since Steve Jobs's era. | Contesto: cronaca

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• Tim Cook to step down as Apple chief as John Ternus named replacement

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Tim Cook will step down as Chief Executive Officer of Apple Inc. on September 1, the company announced on Monday, ending a nearly 15-year tenure that saw the iPhone maker become the world's most valuable public company. John Ternus, Apple's senior vice president of hardware engineering, has been named as his successor. Cook, 63, will remain with the technology giant, transitioning to the role of executive chairman of the board. The transition, planned for the end of the summer, represents the most significant shift in Apple's leadership since Cook himself took the reins from the late co-founder Steve Jobs in August 2011. In a statement released by the company, Cook expressed profound gratitude for his time at the helm. "It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being," he said. The announcement did not cite a specific reason for the change, framing it as a planned succession. John Ternus, 49, is a respected insider who has risen steadily through Apple's ranks since joining in 2001. As the head of hardware engineering, he has been a pivotal figure behind the development of nearly every major Apple product in recent years, including the iPhone, iPad, Mac, and AirPods. His promotion signals a clear intent by Apple's board to maintain continuity and double down on its core identity as a product-driven hardware company. Ternus has been a frequent presence on stage at Apple's product launch events, demonstrating new devices with a low-key, technical authority that has earned him credibility within the engineering-focused culture. Cook's legacy is indelibly linked to Apple's astronomical financial growth. Under his operational and strategic guidance, Apple's market capitalization soared from around $350 billion to over $3 trillion. He successfully oversaw the expansion of the iPhone into a global phenomenon, launched lucrative new product categories like the Apple Watch and AirPods, and built a high-margin services empire encompassing the App Store, Apple Music, and iCloud. His tenure was also defined by a focus on supply chain efficiency, a deepened...

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Categoria: cronaca