John Ternus takes over as Apple CEO from Tim Cook amid mounting AI pressure
seanmcdonaldxyz · x · 2026-09-05
After 15 years, Tim Cook has stepped aside as Apple CEO, succeeded by longtime executive John Ternus. Per Fortune, Ternus inherits a $4.75T company at a tense moment: while Cook made Apple a cash-flow king and supply-chain titan, Apple is grappling with AI competition from upstarts like OpenAI, a memory chip shortage squeezing margins, and slowing revenue growth.
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