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Apple Names John Ternus as CEO Following Tim Cook's 15-Year Tenure

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Tim Cook steps down as Apple CEO after delivering a 24.9% annualized return over 15 years.
  • Hardware engineering chief John Ternus succeeds him, raising expectations for renewed hardware innovation and stronger AI efforts following a period of steady service-driven growth.
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