Apple CEO Tim Cook Finally Quits, Leaves Billion-Dollar Fruit Salad to John Ternus
Photo by Signature Pro on Unsplash
KEY POINTS
- •Tim Cook took over as Apple CEO in late 2011, weeks before Steve Jobs died, and led the company for 15 years.
- •Under Cook’s leadership, Apple’s revenue quadrupled to over $400 billion and market value surged to $4.6 trillion.
- •Cook preserved Jobs’ core principles while expanding Apple’s services to $100 billion and introducing products like AirPods and Apple Watch.
Tim Cook’s era as Apple ringmaster ended on Monday, August 30, after juggling a $4.6 trillion circus for 15 years. He succeeded Steve Jobs in 2011—just weeks before Jobs’ untimely departure—snagging the CEO baton and sprinting with it to quadruple Apple’s $100 billion income while raising stock from $13 to $317. Cook famously said Apple was Jobs' baby, which he reverently protected while quietly turning it into a $100 billion services and wearables empire, inventing little but achieving everything via an 'efficient supply chain.' He’s now handing off to John Ternus, Apple’s hardware guru, who presumably knows where the chargers hide.
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(1 of 3)Source: Businessinsider | Published: 9/1/2026 | Author: Theron Mohamed
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