AirPods Fuel Apple’s Value as Tim Cook Steps Down for John Ternus
TL;DR Summary
Tim Cook retires as Apple’s CEO after 15 years, with engineer John Ternus taking the helm as the company pivots toward renewed innovation ahead of a rumored foldable iPhone launch. Under Cook, Apple grew into a tech giant and launched AirPods, a product line that’s generated roughly $10–$12 billion in 2025—arguably more than many Fortune 500 companies—while Watch and Vision Pro represent subsequent bets on the company’s future.
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- Apple Begins Its Next Balancing Act as New C.E.O. Takes Over The New York Times
- Apple to Give New CEO $3 Million Salary WSJ
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