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Apple Begins CEO Transition as Cook Hands Leadership to Ternus

Apple Begins CEO Transition as Cook Hands Leadership to Ternus
Apple’s CEO transition begins: iPhone maker holds farewell for Tim Cook ahead of John Ternus’ takeover · businesstoday.in

Apple is changing who leads the company.

Tim Cook is stepping down as Apple’s CEO.

John Ternus is preparing to take over that job.

Cook will not leave Apple completely.

He will become the company’s executive chairman on September 1.

At a farewell event, Cook thanked people and mentioned his partner, Mike.

Apple is also preparing new products for September.

These may include new iPhone 18 Pro models, a foldable iPhone Ultra, and software called iOS 27.

Key facts

Outgoing CEO
Tim Cook
Incoming CEO
John Ternus
Cook’s next role
Executive chairman of Apple beginning September 1
Leadership continuity
Cook’s executive assistant will continue working for Ternus.
Expected September products
iPhone 18 Pro models and Apple’s first foldable device, the iPhone Ultra
Expected software release
iOS 27, including a revamped Siri and other AI features
Personal disclosure
Cook acknowledged his partner, Mike, at the farewell event.

Sources

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