Key Takeaway
Hardware engineering executive succeeding Tim Cook is a longtime Apple insider, indicating company will continue strategy that has led to record profitsTim Cook stepped down as CEO of Apple on 31 August. John Ternus, a longtime company veteran, succeeded him the next day as the company’s new chief executive.
Published September 1, 2026 · Category: News
Overview
Hardware engineering executive succeeding Tim Cook is a longtime Apple insider, indicating company will continue strategy that has led to record profits
Tim Cook stepped down as CEO of Apple on 31 August. John Ternus, a longtime company veteran, succeeded him the next day as the company’s new chief executive. Cook has transitioned to the role of executive chairman of Apple’s board of directors.
Details
Ternus, a hardware engineering executive, is a tenured Apple insider, and his ascension indicates the company will stay the course that has led to record profits under Cook’s leadership. Apple’s yearly profit now tops $100bn, the company is worth about $4.5tn, and it has notched record revenue from its iPhones this year, boosted by renewed demand in China.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "Who is John Ternus, Apple’s next CEO?" about?+
Hardware engineering executive succeeding Tim Cook is a longtime Apple insider, indicating company will continue strategy that has led to record profitsTim Cook stepped down as CEO of Apple on 31 August. John Ternus, a longtime company veteran, succeeded him the next day as the company’s new chief executive. Cook has transitioned to the role of executive chairman of Apple’s board of directors.Ternus, a hardware engineering executive, is a tenured Apple insider, and his ascension indicates the co
Who reported this story?+
This story was reported by The Guardian World.