Apple has a new CEO; the Tim Cook era comes to an end
Tim Cook is stepping down as Apple CEO, concluding a long 15-year tenure in the role. Cook is not leaving Apple entirely; he will now serve as Executive Chairman of the Board. His successor was announced back in April. John Ternus, previously head of hardware engineering, is taking the helm of the company as it enters the era of artificial intelligence. Ternus inherits a company that dominates the mobile phone market, boasts a loyal following for its computers—particularly for productivity—and sells incredible headphones, yet is lagging behind in AI. Ternus will have barely a week to settle into the role, as he is expected to unveil the latest iPhone on September 9—an event where the public is also anticipating news about the long-awaited foldable phone.