Apple CEO Tim Cook steps down Sept. 1; John Ternus to succeed
Tim Cook stepped down as Apple CEO effective Sept. 1, handing the role to John Ternus and leaving the new chief executive with the task of sustaining the company’s high market valuation.
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Apple CEO Tim Cook steps down
Since he replaced the late Steve Jobs, Apple has shipped 3.1 billion iPhones and its stock price has risen 2,275%. Tim Cook steps down today after 15 years as Apple’s CEO in which he oversaw the tech giant becoming one of the world’s most valuable companies. Since he replaced the late Steve Jobs, Apple has shipped 3.1
Apple Raises Prices
Apple CEO Tim Cook told the Wall Street Journal this week that the iPhone maker plans price increases on its products due to the ongoing memory shortage. The disclosure underscores the widespread impact of the memory crisis, as Apple is typically able to exert its market control to manage costs. "Even Apple can't be sa