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Tim Cook Steps Down, John Ternus Takes Helm at Apple

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Tim Cook Steps Down, John Ternus Takes Helm at Apple

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Tim Cook Steps Down, John Ternus Takes Helm at Apple

Entertainment & Celebrity News Today | 2 Min News | The Daily News Now!

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Entertainment & Celebrity News Today | 2 Min News | The Daily News Now!Tim Cook Steps Down, John Ternus Takes Helm at Apple. Machine-transcribed; use the interactive transcript above to jump the player to any line.

0:00It's April 21st, entertainment and celebrity news today starts now, AI-powered and spotlight ready. Apple's longtime CEO Tim Cook is stepping down after about 15 years at the helm, handing the reins to John Ternis in September. Cook moves to executive chairman, while Ternis, the senior vice president of Hardware Engineering, steps up as the new chief exec after a summer. Transition Look, Apple exploded from a $350 billion market cap to $4 trillion, rolling out hits like the Apple Watch, AirPods, and Ways of iPhones, plus services like Apple Music and Pay. He's caught heat for co-seeing up to President Trump, from the Tim Apple Jab to gifting a gold plaque and staying quiet on tough issues like immigration. Ternis brings 25 years of game-changing work at Apple and Cook calls him the perfect pick to steer the ship ahead into whatever is next.

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