Tim Cook Steps Down, John Ternus Takes Over

Tim Cook is set to resign as Apple's CEO in September, with hardware chief John Ternus slated to assume the leadership position. Ternus will inherit a robust business but will navigate a significantly altered tech landscape compared to Cook's tenure. Key challenges include increasing pressure on the App Store's controversial 30% commission fee and shifts in Apple's established operational dynamics. The transition marks a new era for the technology giant, potentially impacting its strategic direction and market approach.