Tim Cook will step down as Apple CEO on September 1 after 15 years, handing over the role to hardware chief John Ternus, while becoming executive chairman. Under Cook, Apples annual revenue rose from $108 billion to $416 billion and profit grew more than fourfold to $112 billion, helped by services, wearables and a massive iPhone user base.

Tim Cook is stepping down as Apple CEO on 1 September after over a decade, with John Ternus, the senior VP of Hardware Engineering, set to take over.

Cook will move into the role of executive chairman, while Ternus will join Apple’s board the same day. Cook has played a central role in expanding the company’s business and…

Apple CEO Tim Cook has handed over the reins to John Ternus after a 15-year tenure that transformed Apple into a $4.6 trillion company. The stock has surged 2,275% since Cook…

Tim Cook will step down as Apple CEO on September 1 after 15 years, handing over the role to hardware chief John Ternus, while becoming executive chairman. Under Cook, Apples…