Tim Cook exits Apple

Apple has announced a major leadership transition as Tim Cook prepares to step down from the CEO role he inherited from Steve Jobs in 2011.

Under Cook's leadership, Apple's market value increased by over $3.6 trillion, cementing its status as a global technology powerhouse.

John Ternus, a twenty-five-year veteran of the company, will take the helm as the tech giant pivots its focus toward artificial intelligence and next-generation hardware.

Cook will remain closely involved with the company as executive chairman of the board, focusing on long-term strategy and policy engagement.