Apple’s New CEO, John Ternus, Takes over From Tim Cook After 15 Years - WXXV News 25
John Ternus replaces Cook as Apple shifts from a 15-year era that brought services revenue to $100 billion and completed the move to Apple Silicon.
- On Tuesday, Sept. 1, 2026, John Ternus officially became CEO of Apple Inc., replacing Tim Cook after his 15-year tenure leading the $4.6 trillion company.
- Cook took Apple from a $350 billion market cap in 2011 to about $4.6 trillion in 2026, transforming the company through aggressive diversification into services and hardware innovation.
- With a 25-year career at Apple, Ternus previously served as vice president of hardware engineering since 2013 and joins the board as part of the leadership transition.
- Cook will serve as executive chairman of Apple's board, helping with 'certain aspects of the company, including engaging with policymakers around the world,' according to Apple.
- Ternus inherits more than 2.5 billion active devices, positioning Apple to benefit from AI advancement without massive infrastructure spending as the company navigates emerging technology competition.
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Fifteen years at the helm of one of the world's most famous technology companies is a long time. Tim Cook has just finished it. When he took over Apple from Steve Jobs in 2011, many wondered whether he could continue the legacy of his charismatic co-founder. Today, the answer is relatively clear, as the market value of the American technology giant has more than doubled under his leadership.
Tim Cook Formally Steps Down As CEO Of Apple
The New York Times reports: John Ternus became Apple’s chief executive on Tuesday, succeeding Tim Cook, the company’s leader for the last 15 years. The long-anticipated handoff, Mr. Cook has said, will be “perfectly smooth.” But the changing of the guard could still have some bumps. Mr. Ternus will have to guide Apple through an … The post Tim Cook Formally Steps Down As CEO Of Apple appeared first on Joe.My.God..
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