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[BUSINESS] · United States · 7 sources

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Apple to transition CEO role from Tim Cook to John Ternus in September 2026

Tim Cook is preparing to step down as CEO of Apple, with John Ternus, the senior vice president of hardware engineering, set to take over the role on September 1, 2026. Cook will not leave the company entirely but will transition to the position of Executive Chairman, where he will continue to manage relationships with global governments.

In a recent interview with CBS News, Cook reflected on his legacy, stating that he hopes to be remembered as “a good and decent man” rather than for the company's financial achievements. This sentiment comes as Apple reports significant growth, including $109 billion in revenue for its most recent fiscal quarter.

During the same period, Apple is expanding its domestic manufacturing footprint. The company plans to begin shipping Mac mini units produced in the United States later in 2026. Additionally, Apple COO Sabih Khan addressed recent product price increases, attributing them to the unprecedentedly rapid rise in the cost of memory components.

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Apple · John Ternus · Sabih Khan · Steve Jobs · Tim Cook

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