Ternus Takes the Reins: Apple's New CEO Faces Big Shoes to Fill

Apple's CEO transition is set for September 1st, as Tim Cook hands over the reins to John Ternus, who will take on the role of CEO.

Cook has been at the helm since 2011 and has overseen a staggering growth in Apple's stock price. During his tenure, the company's share price has increased by 2,230%, from $24 to over $301 per share. The total return is even more impressive at 2,680%.

This means that if you had invested $10,000 in Apple on Cook's first day as CEO, it would now be worth a staggering $278,250. In contrast, the same investment in the S&P 500 would only be worth $86,600.

Cook's success at Apple is undeniable, with revenue growing by 330% and gross profit increasing by 410% under his leadership. The company has consistently delivered impressive financial results, including its strongest June quarter ever in 2026.