All articles tagged with #tim cook
On the 15th anniversary of Steve Jobs’ death, Apple leadership and external brands honored his legacy. CEO John Ternus and Chairman Tim Cook posted tributes on X, while New Balance subtly recreated Jobs’ iconic 2010 iPad launch pose in a product photo. 9to5Mac argued that no successor has matched Jobs’ unique blend of vision and human-centric care, suggesting his impact remains unmatched.
On October 5, 2026, Apple CEO John Ternus and Executive Chairman Tim Cook posted tributes to Steve Jobs on X, marking the 15th anniversary of his death. Ternus emphasized Jobs' influence on Apple's attention to detail, while Cook highlighted his global impact. This is the first anniversary tribute from Ternus since he became CEO in September 2026.
Apple Executive Chairman Tim Cook will oversee government liaison and attend a White House state dinner for China’s Xi Jinping, a strategy to shield incoming CEO John Ternus from controversy as US-China tensions and AI policy debates heat up.
Samsung New Zealand released a tongue-in-cheek Galaxy Z Fold8 ad featuring a Tim Cook lookalike from Palmy, spoofing Apple’s foldable launch and continuing the playful rivalry after Apple’s recent product reveal.
Samsung’s new New Zealand ad features a Tim Cook lookalike from Palmerston North promoting the Galaxy Z Fold 8, spoofing Apple’s cinematic launch style and poking fun at Cook’s updated profile picture as Apple unveils the iPhone Duo.
Eight days after taking the top job, Apple’s new CEO John Ternus unveils a $2,400 foldable iPhone Ultra as part of a bold leadership package: a $3 million salary, a $2.5 million prorated restricted stock grant for fiscal 2026, and a $55 million annual equity award (75% tied to Apple’s total shareholder return relative to the S&P 500). Tim Cook shifts to executive chair with a $2 million salary and a $45 million equity award. The move comes as Apple reports Q3 revenue of $109.42 billion (up about 16% year over year) and faces a tight supply window for the new device, with preorder timing and high pricing testing demand against lofty valuations.
Bloomberg says Tim Cook personally championed Apple’s foldable phone, pushing for a foldable iPhone since 2020 after seeing demand in Asia; Apple had foldable patents dating to 2011 and explored foldable iPad/MacBook concepts; Cook’s insistence steered resources toward the iPhone Ultra, while John Ternus is credited with pushing it to completion as Cook steps down, with the device set to debut September 9, 2026.
Tim Cook will attend Apple’s September 9 event screening but will not appear in the event video; after stepping down as CEO to become executive chairman, Apple is positioning John Ternus as the face of the foldable iPhone and other new products, per Bloomberg's Mark Gurman.
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.
FT’s profile portrays John Ternus as a calm, highly capable, unshowy leader at Apple, praised by partners, with a race-car hobby and a private life, and signals a smooth transition as he steps into the CEO role alongside Tim Cook.
John Ternus, a 51-year-old hardware engineer and 25-year Apple veteran, was named Tim Cook’s successor as Apple’s CEO, with Cook remaining executive chair during a four‑month transition. Known for his calm, low-profile leadership and hardware focus, Ternus has driven key products from iPad transitions to AirPods and Mac chips. His appointment signals continuity within Apple’s leadership while aiming to rekindle a product‑led era; his first major public test will be leading the upcoming iPhone launch (and possibly a foldable iPhone), as investors weigh AI, supply chains, and the company’s growth trajectory.
Tim Cook will stay on as Apple's executive chair with a $2 million salary and a $45 million annual equity award for fiscal 2027, half of which is performance-based RSUs and half time-based vesting over four years, signaling continued influence as John Ternus becomes CEO and Apple's stock has surged under his leadership.
John Ternus has been named Apple’s chief executive, with Tim Cook shifting to executive chairman. The veteran hardware engineer faces the task of steering Apple through a rapid AI shift and a potential foldable iPhone launch, all while managing a complex China-based supply chain under political scrutiny. Analysts say Ternus may emphasize hardware innovation as AI leadership evolves, and the September 9 iPhone event will be the first public gauge of his stewardship.
Tim Cook will receive a $2m base salary plus $45m in Apple shares as executive chair, with half the stock award performance-based and vesting over four years. John Ternus, a veteran hardware engineer, becomes CEO successor with a $3m base and a $55m stock award weighted toward performance. Cook’s 2025 CEO pay exceeded $74m, reflecting Apple’s strong stock gains since 2011. Ternus will lead product development as Apple eyes AI integration and prepares for a September iPhone event, while Cook’s mandate includes global policymaker engagement and maintaining relationships with leaders, including Donald Trump.
Apple’s John Ternus officially becomes CEO and will earn a $3 million base salary plus annual equity awards valued at $55 million, plus a one-time prorated $2.5 million RSU grant; 25% of the equity vests over time and 75% vests based on Apple’s performance relative to the S&P 500. Former CEO Tim Cook remains executive chair with a $2 million salary and a $45 million equity award, vesting half over time and half based on performance. The leadership transition comes as Apple navigates a mature smartphone market while expanding its services and AI ambitions, with Eddy Cue gaining oversight of the App Store.)