Tim Cook to quit Apple: Apple CEO Tim Cook may soon step down. Reports suggest that the company has started the process of selecting its next chief executive officer. Apple is expected to announce the name of its new CEO early next year. Here are the details you need to know.
Will Apple CEO Tim Cook step down?
According to a Financial Times report the 65-year-old Apple CEO Tim Cook may step down next year. The company has begun working on who will take over Apple’s leadership after Tim. But the reports states no final name of whom the Apple will consider as the next CEO. However, it is also said that the Apple’s Senior Vice President (Hardware Engineering) John Ternus is among those considered for the Apple’s top post. In fact he is also considered to the leading contender for the position too.
It has to be noted that Apple has not yet officially announced any details about Tim Cook’s quitting and the company search for the new CEO. He is leading the Apple for nearly 14 years.
When did Tim Cook became the CEO of the Apple?
Tim Cook became Apple’s CEO in 2011. It is also said that he served as the company’s interim CEO when Steve Jobs was unwell. Under Cook’s leadership, Apple has achieved many significant milestones.
Products launched under Tim Cook’s leadership
During Cook’s tenure as CEO, the company launched new products such as the Apple Watch, AirPods, M1, M2, and M3 silicon chips, and the Apple Vision Pro. Apple also became the first company to reach a valuation of $3 trillion. Under Tim’s leadership, service businesses such as iCloud, Apple Music, Apple TV+, and the App Store have also expanded.
