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Why is longtime Apple executive Phil Schiller stepping down from his role as the head of the App Store? Bloomberg’s Mark Gurman reports that Schiller’s decision — he will remain involved in the company as an Apple Fellow working on unspecified projects — was driven in part by a desire to spend more time with…
It’s officially the Ternus era at Apple. Tim Cook stepped down as CEO this week, handing the company to former hardware chief John Ternus, whose first memo promised a “huge launch next week” — timing that puts Apple’s next iPhone event on his desk before he’s even settled in. Cook isn’t going far, though: he’s staying on as Executive Chairman, focused on the kind of policy…
After 15 years, Tim Cook has handed off the Apple CEO role to John Ternus, the company’s senior vice president of hardware engineering. As of Tuesday, Ternus now leads one of the world’s most valuable companies. But if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely remained…
Apple reported a record quarter on Thursday. Yet outgoing CEO Tim Cook warned of some gathering storm clouds in the form of memory chip supply issues that could impact business in the near future. “Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every…
After 15 years as Apple’s CEO, Tim Cook will be stepping down from the role in September. On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I discussed Apple’s big announcement. We reflected on how Apple has changed since Cook took over from Steve Jobs in 2011, and what challenges incoming…
As Apple races to stay competitive in AI while navigating tariffs and supply chain uncertainty, the company’s future is about to shift under new leadership. On Monday, Apple announced that John Ternus will take over as CEO later this year, succeeding Tim Cook. Cook transformed Apple into a $4 trillion global powerhouse, expanded its services…
After 15 years, Tim Cook will hand off the Apple CEO role to John Ternus, the company’s senior vice president of hardware engineering. Starting on September 1, Ternus will lead one of the world’s most valuable companies, but if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely…
Apple is getting serious about succession planning, according to a new report in The Financial Times. The company’s board and senior executives are reportedly preparing for the possibility that Tim Cook could step down as CEO as soon as early next year. This would come after Apple’s earnings report in late January, giving the new…