Ternus Takes the Helm as Apple's Stock Performance Under Cook Revealed

Apple's John Ternus will take over as CEO on September 1, succeeding Tim Cook after his 15-year tenure.

Cook's leadership has been marked by significant growth in revenue and gross profit, with Apple's sales increasing by 330% and gross profit up by 410% since he took office in August 2011.

Under Cook's guidance, Apple's stock price has risen an impressive 2,680%, outperforming the S&P 500's return during the same period. If a $10,000 investment in Apple stock on Cook's first day as CEO was made, it would now be worth approximately $278,250.

However, one area where Apple has struggled is in AI development, with its Intelligence platform facing delays and criticism for not keeping pace with other tech companies.