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Apple Steps Up CEO Succession Planning as Tim Cook Weighs Exit Next Year

Reporting points to hardware chief John Ternus as the leading internal contender, with no official decision announced.

Overview

  • The Financial Times reports Apple has intensified preparations for a transition and is unlikely to name a successor before its late-January earnings release.
  • John Ternus, Apple’s senior vice president of hardware engineering, is widely cited as the frontrunner after leading key efforts across iPhone, Mac, AirPods and the move to Apple silicon.
  • Coverage says an early‑year announcement is being considered to allow a runway before WWDC in June and the September iPhone launch, though timing could change.
  • Several veteran Apple watchers describe the report as a deliberate trial balloon to gauge reaction, while Bloomberg’s Mark Gurman publicly downplayed the idea that a change is imminent.
  • Sources emphasize the planning is not tied to weak performance, with Apple near record results, as recent executive departures have renewed focus on top‑team stability.