Apple names John Ternus CEO

Apple has announced that longtime hardware chief John Ternus will succeed Tim Cook as CEO effective September 1, 2026.

Cook, who led the company to a $4 trillion market valuation, will transition to the role of executive chairman.

Ternus inherits a company at a crossroads, facing intense pressure to deliver a cohesive artificial intelligence strategy and navigate complex supply chain dependencies in China.

Analysts view the appointment of a hardware specialist as a strategic bet on device-led innovation in the burgeoning AI era.