Overview
- Multiple reports say Tim Cook will leave the CEO role and shift to executive chairman, with hardware chief John Ternus set to take over.
- Ternus runs Apple's hardware engineering organization and has spent about 25 years at the company.
- Cook has served as CEO since 2011 and first joined Apple in 1998 in operations and supply chain roles.
- Under Cook, Apple's market value climbed toward $4 trillion as annual revenue rose from about $108 billion in 2011 to roughly $416 billion in 2025.
- Coverage also highlights Apple's deeper push in India during Cook's tenure, including new stores and a rising share of iPhone production there estimated at about one quarter of global output.