Overview
- The Financial Times had reported that Apple’s CEO succession planning had intensified with a potential transition as early as next year.
- Bloomberg’s Mark Gurman now says that narrative is likely false and that the moment for a change is not at hand.
- Gurman reports there are few internal signs that Tim Cook is preparing to step down in the near term.
- He adds that Cook has earned the right to determine his own timeline and is not being pushed out.
- When a transition eventually comes, Gurman points to hardware chief John Ternus as the most likely internal successor and expects Cook to remain in the role for several more years.