Apple CEO Tim Cook Stepping Down, John Ternus Taking Over

[adamjackson]

What's insane is he was literally like just last week giving interviews saying word for word "When it's time, I'll know" about his future at Apple.

 

[mjschabow]

Future Hot Take: “Tim Cook never would have allowed this.”

 

[JackHinkle]

I was here!

 

[Apple Knowledge Navigator]

Thank you for your services, but this has been long overdue.

Let’s hope we now have some more product-driven decisions.

 

[isledude]

Wow!

 

[dan5.5]

Tim Cook to become Apple Executive Chairman John Ternus to become Apple CEO

Apple announced that Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on September 1, 2026.

www.apple.com

 

[dmr727]

didn’t see this coming today! 😱

Yeah, definitely not on my Bingo card for the day.

 

[nfl46]

Thank you, Tim! He left John in a reallyyyyyyy good financial position!

 

[MRSugarD]

Wow this came out of nowhere! Thanks for everything Mr. Cook and best of luck to Mr. Ternus!

 

[iObama]

Damn! It’s happening! Exciting times.

 

[dcingie]

More time to march in parades! Congratulations, Tim Apple, on a career.

 

[contacos]

He's hot

 

[nickf]

Interesting times.

 

[Homme]

Not seeing this being reported anywhere else yet.

It’s on apples newsroom

Tim Cook to become Apple Executive Chairman John Ternus to become Apple CEO

Apple announced that Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on September 1, 2026.

www.apple.com

 

[RMMediccc]

Thanks for being the right guy at the right time Tim. You will be missed, but it was time and you are making the correct call just as Steve did. Welcome Mr. Ternus. Let's get to work.  LFG!!

 

[ImaxGuy]

What's insane is he was literally like just last week giving interviews saying word for word "When it's time, I'll know" about his future at Apple.

Seems inevitable, sadly.

 

[Spec360]

John's the guy for the job. Congrats!

He has to prove it

 

[Gengar]

Well hopefully this means they come out with better hardware for their mobile products again.

 

[Momento_Mori]

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[contacos]

That means he will already introduce the next line of iPhones. Interesting and no more sleeping pill on stage yay.

Bring back the live keynote PLEASE

 

[coolfactor]

Good riddance. Glad to see the penny pincher finally gone. Hope this marks a new, better direction for Apple.

Nonsense. Tim has ushered in some of Apple's best technologies that continue to be the envy of the industry on many fronts.

John is the right guy for the job. Love his presentation style. The next 10 years are going to be even better!!

 

[Kylo83]

Tim made the company a lot of money but let's be honest. The last few years innovation has not changed every new iPhone Apple Watch has been so minor we need new talent.

 

[JPack]

Funny how these things were decided probably weeks if not months ago, yet Cook still played along.

 

[eoblaed]

Wow. Cook oversaw a massive growth in Apple during his tenure. So far, the numbers look like:

From fiscal 2011 (the year Cook took over as CEO) to fiscal 2025 (the latest full fiscal year), Apple's growth looks like this:

• Revenue: $108.2B → $416.2B (3.85x)
• Net income: $25.9B → $112.0B (4.32x)
• R&D spend: $2.4B → $34.6B (14.4x)
• Services / digital-content-type revenue: from about $5.4B in 2011 to $109.2B in 2025 (20.2x)

That'll be a tough act to follow. Rooting for Ternus!

 

[Ceecephous]

Good riddance