Apple CEO Tim Cook Announces Departure as Hardware Chief John Ternus Prepares to Lead the Firm

Apple CEO Tim Cook will step down in September after 15 years, with hardware chief John Ternus set to take over as the new leader.The company is currently undergoing an organizational reboot to address a strategic lag in artificial intelligence compared to major competitors.John Ternus will manage the transition while navigating supply chain pressures and an accelerated focus on AI-integrated hardware and wearables.
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