Tim Cook Will Step Down as Apple C.E.O.

Apple announces a significant leadership transition as Tim Cook, who has guided the technology giant for over a decade, steps down from the Chief Executive Officer position. John Ternus, Apple's accomplished head of hardware engineering, will assume the role and lead the company's future innovation strategy. This succession marks a pivotal moment for the iPhone manufacturer, transitioning from Cook's proven financial and operational expertise to Ternus's technical engineering background and vision for next-generation product development.