BREAKING: Apple announces Tim Cook to step aside as CEO

https://www.youtube.com/watch?v=TsJy66DKWV4

Apple has announced that Tim Cook will step aside as CEO in September 2026 after 15 years in the role, and John Ternus will replace him. Cook will stay involved as executive chairman of Apple’s board, so this is a handoff rather than a full exit.

What Apple said

Reports say Cook called being Apple’s CEO “the greatest privilege of his life” and framed the transition as a planned succession. Apple is keeping him on through the summer to help ensure a smooth changeover.

Who’s next

John Ternus, Apple’s senior vice president of hardware engineering, has been named as the next CEO. That choice signals continuity, since Ternus has been a longtime Apple insider and one of the company’s most visible product leaders.

Why it matters

This is one of the biggest leadership changes Apple has made since Cook took over from Steve Jobs. Investors and users will be watching closely to see whether the company keeps its current strategy or shifts more aggressively toward AI and new hardware priorities.