All-hands: Tim Cook said he's stepping down now to ensure the “best-ever transition,” citing strong financials, an “incredible” pipeline, and Ternus' readiness

Apple Inc.'s Tim Cook, who's stepping down as chief executive officer later this year …

Bloomberg 2026-04-22 Mark Gurman

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@tim_cook Tim Cook on x
I want to thank everyone for the outpouring of love and thank you for believing in me to lead the company that has always put you at the center of our work. This is not goodbye. It's a hello to John and I can't wait for you to get to know him like I do! 🙏 [image]
@sundarpichai Sundar Pichai on x
Congrats on an incredible run @tim_cook , always respected your deep commitment to Apple's mission and best wishes in your new role! Look forward to working with John as well!
@markgurman Mark Gurman on x
A photo from inside the Steve Jobs Theater of the Cook and Ternus town hall this morning. [image]
@markgurman Mark Gurman on x
BREAKING: Tim Cook tells employees in all-hands meeting alongside John Ternus that he is “healthy” that his “energy is high” and that he plans to be in the new role as executive chairman for a “long time.” https://www.bloomberg.com/...
@markgurman Mark Gurman on x
Cook tells employees he's stepping down now because 1) the financials of the company are strong 2) the roadmap ahead is “incredible” and 3) Because Ternus is now ready.
@markgurman Mark Gurman on x
New Apple CEO John Ternus to employees: “We are about to change the world once again” with an “incredible road map.” This is the most exciting time to be building products and services at Apple in my entire career" - with AI at the center. https://www.bloomberg.com/...
@markgurman Mark Gurman on x
NEW: Apple's new CEO John Ternus faces his biggest test other than new products: retaining the company's top talent. An inside look at how Apple's management will change in this new era and the futures of several key players. https://www.bloomberg.com/...
@markgurman Mark Gurman on x
Apple picked Ternus because of his age and belief that he could reinvent Apple's product lineup and compete against AI-savvy competitors. Longtime colleagues describe Ternus as someone willing to make clear calls, in contrast to Cook's more deliberative, consensus-based approach.
@markgurman Mark Gurman on x
Apple CEO John Ternus's big product priorities are a trio of AI smart home devices and a trio of AI wearables. But progress has been uneven, with delays hitting timelines of a HomePod with screen (2026), smart glasses (2027) and a tabletop robot (2028). https://www.bloomberg.com/…
@jukan05 Jukan on x
Interesting... According to The Information, Apple's new CEO John Ternus is said to have a risk-averse personality, which could be seen as a weakness at a time when Apple may need to make bold investments. [image]
@markgurman Mark Gurman on x
NEW: Apple bets on new CEO John Ternus to bring back some Jobs-era decisiveness. His mandate is to put Apple back on top as a product innovator. A look at what's to come and his key challenges. https://www.bloomberg.com/...
@stroughtonsmith … Steve Troughton-Smith on mastodon
“Earlier this month, Ternus overhauled the hardware engineering organization around what he calls a new AI platform designed to speed up product development and improve device quality. It's indicative of his plan to deploy AI quickly throughout the company to improve its operati…
r/NominativeDeterminism r on reddit
John Ternus ('ternus' is ‘third’ in Latin) is the third Apple CEO starting from the return of Steve Jobs
r/apple r on reddit
Apple Bets New CEO John Ternus Will Bring Back Jobs-Era Decisiveness
@patrickmoorhead Patrick Moorhead on x
So @tim_cook did cook. The business growth is undeniable. We can debate a lack of innovation and AI but when it doesn't impact business or customer sentiment, does it matter? Nothing has come along yet that has meaningfully impacted it. I'm sure Apple has 10 different concepts it
@timsweeneyepic Tim Sweeney on x
@rowlsmanthorpe Apple “Services” is mostly confiscating 30% of the revenue from makers of iOS apps, at many times unlawfully as adjudicated here in the United States of America.
@rowlsmanthorpe Rowland Manthorpe on x
Tim Cook's legacy in five charts 1. The shift to services. Barely visible in 2011, now worth $90bn+ a year. He inherited a hardware company. He leaves a platform [image]

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All-hands: Tim Cook said he's stepping down now to ensure the “best-ever transition,” citing strong financials, an “incredible” pipeline, and Ternus' readiness

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