Tim Cook

Apple's new CEO John Ternus inherits AI challenges after Tim Cook's 15-year run

Apple Names Ternus CEO as Cook Becomes Executive Chairman

Tim Cook is stepping down as Apple’s CEO to become executive chairman, handing the role to John Ternus on September 1, with farewell tributes from senior Apple figures and employees at Apple Park. The transition, marking a major leadership shift after 15 years, comes ahead of Apple’s September product event featuring new iPhone models and a foldable device under Ternus’s leadership.

Apple Plans iPad mini OLED and Mac mini Refresh

Apple plans an OLED iPad mini release by the end of October, signaling a higher-end display and potential price increase, with rumors of a new speaker system, water resistance, and a more powerful chip. Separately, Apple is preparing a first Mac mini update in two years with M5/M6 processors amid memory-chip shortages and a leadership transition that will see Tim Cook step down on August 31, 2026 and John Ternus take over on September 1, alongside a broader late-2026 product push.

Your Next iPhone Will Cost More As AI Data Centers Gobble Up Chips

Apple CEO Tim Cook said in a Wednesday interview with The Wall Street Journal that his company intends to hike product prices because of the soaring costs of memory chips. Cook , who is stepping down from his role at…

Tim Cook Announces Exit As Apple CEO

Apple Inc. announced Monday that Tim Cook will step down as chief executive, with John Ternus set to take over the role as Cook transitions to company chairman. Cook leaves the CEO role after presiding over an expansion…

Apple Prepares for CEO Shakeup as Tim Cook Weighs Next Move

Apple has stepped up secretive succession planning as the company braces for the possibility that CEO Tim Cook could step down as early as next year. According to the New York Post , a Financial Times report shows board…