Tim Cook steps down, John Ternus to lead Apple

Apple is entering a new era as CEO Tim Cook prepares to step down in September, handing the reins to John Ternus, the current head of hardware. This transition marks a significant shift, moving away from leadership handpicked by Steve Jobs. Cook, who became CEO in 2011, oversaw a period of substantial growth and product diversification for the tech giant. Ternus's appointment signifies a continued focus on hardware innovation, while the departure of long-time executives from Jobs' inner circle underscores the company's evolution into a new phase of its corporate history.