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78TECHNOLOGY

Tim Cook steps down as Apple CEO after 15 years; John Ternus named successor

⚡ Markets: Leadership changes at megacap companies create uncertainty. The market will closely watch Ternus's strategy, especially regarding AI, which is seen as an area where Apple has lagged.AAPL

Tim Cook is stepping down as CEO of Apple after a 15-year tenure during which the company's valuation grew to $4.6 trillion. He will remain as executive chairman, while current COO John Ternus will take over as the new CEO, facing the major challenge of advancing Apple's position in artificial intelligence.

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