Watch Apple’s Ternus Era Begins After Tim Cook Delivers 2,300% Stock Gain

Apple's board handed the keys to John Ternus on Monday, capping Tim Cook's fourteen-year reign that transformed the iPhone maker into the world's most valuable company and rewarded shareholders with gains that made early investors extraordinarily wealthy. The transition marks a rare moment of stability-meets-uncertainty in Silicon Valley, where Cook's successor must now prove he can sustain Apple's dominance in artificial intelligence and services even as the smartphone market matures and rivals encroach on the company's most profitable franchises. What Ternus inherits is not just a $3 trillion colossus, but an aging product portfolio and rising questions about whether Apple's vaunted innovation engine can deliver the breakthroughs that powered

Bloomberg.com·Sep 1