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Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over

Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over

File picture of John Ternus, Senior Vice President, Apple Hardware Engineering
| Photo Credit: Reuters

Apple on Monday (April 20, 2026) named insider John Ternus ‌as its next CEO, tasking ​the long-time hardware chief ⁠to steer the company after Tim Cook as the iPhone maker gears up ‌for an industry change spurred by artificial intelligence.

Mr. Ternus, who joined ‌Apple in 2001, has recently ‌overseen ⁠the company’s hardware engineering efforts ⁠and has played a key role in reigniting sales of products such as Apple’s ​Mac computers, which ‌have gained market share in recent years.

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