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John Ternus takes over as Apple CEO, promises 'huge launch next week'
Tim Cook has stepped down as Apple CEO, handing the company to hardware chief John Ternus. Ternus's first memo promises a "huge launch next week," putting the next iPhone event at the center of his early tenure.
Apple has entered a new leadership chapter. Tim Cook has stepped down as chief executive this week, handing the company to John Ternus, the former hardware chief who now holds the top job.
Ternus's first internal memo promised a "huge launch next week," placing Apple's next iPhone event on his desk before he has fully settled in.
Cook is not leaving the company. He will remain as executive chairman, concentrating on policy relationships, a role that recently put him in the middle of a very public balancing act over a map label.
The transition coincides with fast-moving developments elsewhere in the tech industry. Nvidia is expanding beyond chips, robotaxi operations are heating up, and investors are funneling money into AI hardware startups. These are part of the wider landscape John Ternus inherits at Apple.