Apple CEO Tim Cook Steps Down After 15-Year Reign
Apple's leadership has passed from Tim Cook to John Ternus. Under Cook, who took over in 2011 after Steve Jobs' departure, Apple's stock soared by an astonishing 2,258%.
Cook's tenure saw the company's market capitalization grow from under $350 billion to a staggering $4.6 trillion. This growth was driven by Apple's expansion into new markets and product lines, including financial services and watches.
The transfer of power marks a significant milestone for both Ternus and the tech giant. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman is set to discuss what lies ahead in an upcoming interview.