Apple CEO Tim Cook to Step Down

Cook's 15-year tenure saw Apple's market capitalization explode from $350 billion to over $4 trillion, transforming it into a global services and hardware powerhouse.

The CEO described the transition as the 'textbook succession' he had long envisioned for the tech giant.

John Ternus inherits a company at a critical juncture as it seeks to regain its footing in the artificial intelligence race and expand its smart home hardware presence.

While Cook's legacy is defined by operational excellence and steady growth, Ternus will face the challenge of proving Apple can still deliver groundbreaking innovation in a rapidly evolving market.