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Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker’s hardware leader

Posted on April 20, 2026
By Chicago Tribune
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1 min read

Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker’s hardware leader

Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than $3.6 trillion during an iPhone-fueled era of prosperity.