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  3. #Apple chief executive #TimCook said Monday that he would step down after nearly 15 years running an operation that rode the wild popularity of the #iPhone to become one of the most influential & valuable companies in the world.

#Apple chief executive #TimCook said Monday that he would step down after nearly 15 years running an operation that rode the wild popularity of the #iPhone to become one of the most influential & valuable companies in the world.

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  • nonilex@masto.aiN This user is from outside of this forum
    nonilex@masto.aiN This user is from outside of this forum
    nonilex@masto.ai
    wrote last edited by
    #1

    #Apple chief executive #TimCook said Monday that he would step down after nearly 15 years running an operation that rode the wild popularity of the #iPhone to become one of the most influential & valuable companies in the world.

    Cook, 65, will move into a new role as Apple’s executive chairman in September & be succeeded in the company’s corner office by #JohnTernus, the 50-year-old head of Apple’s hardware #engineering.

    #tech #business
    https://www.nytimes.com/2026/04/20/technology/tim-cook-apple-ceo-steps-down.html?smid=nytcore-ios-share

    nonilex@masto.aiN codemonkeymike@fosstodon.orgC 2 Replies Last reply
    0
    • nonilex@masto.aiN nonilex@masto.ai

      #Apple chief executive #TimCook said Monday that he would step down after nearly 15 years running an operation that rode the wild popularity of the #iPhone to become one of the most influential & valuable companies in the world.

      Cook, 65, will move into a new role as Apple’s executive chairman in September & be succeeded in the company’s corner office by #JohnTernus, the 50-year-old head of Apple’s hardware #engineering.

      #tech #business
      https://www.nytimes.com/2026/04/20/technology/tim-cook-apple-ceo-steps-down.html?smid=nytcore-ios-share

      nonilex@masto.aiN This user is from outside of this forum
      nonilex@masto.aiN This user is from outside of this forum
      nonilex@masto.ai
      wrote last edited by
      #2

      The retirement of #TimCook will end one of the most successful management runs in the history of #US #business. During his tenure, Apple’s annual profit quadrupled to more than $110 billion, while its value ballooned more than tenfold to $4 trillion.

      Cook replaced the #Apple co-founder #SteveJobs shortly before Jobs’s death in 2011, having earned a reputation for perfecting the nuts & bolts of a global consumer #electronics business.

      #tech

      michaelgemar@cosocial.caM nonilex@masto.aiN 2 Replies Last reply
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      • nonilex@masto.aiN nonilex@masto.ai

        The retirement of #TimCook will end one of the most successful management runs in the history of #US #business. During his tenure, Apple’s annual profit quadrupled to more than $110 billion, while its value ballooned more than tenfold to $4 trillion.

        Cook replaced the #Apple co-founder #SteveJobs shortly before Jobs’s death in 2011, having earned a reputation for perfecting the nuts & bolts of a global consumer #electronics business.

        #tech

        michaelgemar@cosocial.caM This user is from outside of this forum
        michaelgemar@cosocial.caM This user is from outside of this forum
        michaelgemar@cosocial.ca
        wrote last edited by
        #3

        @Nonilex He grew the company, but lost focus on details, and embarrassed the company in his sycophancy to Trump.

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        • nonilex@masto.aiN nonilex@masto.ai

          The retirement of #TimCook will end one of the most successful management runs in the history of #US #business. During his tenure, Apple’s annual profit quadrupled to more than $110 billion, while its value ballooned more than tenfold to $4 trillion.

          Cook replaced the #Apple co-founder #SteveJobs shortly before Jobs’s death in 2011, having earned a reputation for perfecting the nuts & bolts of a global consumer #electronics business.

          #tech

          nonilex@masto.aiN This user is from outside of this forum
          nonilex@masto.aiN This user is from outside of this forum
          nonilex@masto.ai
          wrote last edited by
          #4

          #Apple since defined how a modern #tech company operates, with products assembled in a supply chain stretching from giant operations Cook helped create in #China, #India & #Brazil & a retail #business that operates on 5 continents.

          #JohnTernus joined Apple in 2001 & rose through its ranks as he oversaw the development of #Macs & #iPads. He will be Apple’s 8th chief exec since its founding 50 yrs ago & its 3rd since #SteveJobs returned in 1997 to pull the company from the brink of bankruptcy.

          stevel@hachyderm.ioS 1 Reply Last reply
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          • nonilex@masto.aiN nonilex@masto.ai

            #Apple chief executive #TimCook said Monday that he would step down after nearly 15 years running an operation that rode the wild popularity of the #iPhone to become one of the most influential & valuable companies in the world.

            Cook, 65, will move into a new role as Apple’s executive chairman in September & be succeeded in the company’s corner office by #JohnTernus, the 50-year-old head of Apple’s hardware #engineering.

            #tech #business
            https://www.nytimes.com/2026/04/20/technology/tim-cook-apple-ceo-steps-down.html?smid=nytcore-ios-share

            codemonkeymike@fosstodon.orgC This user is from outside of this forum
            codemonkeymike@fosstodon.orgC This user is from outside of this forum
            codemonkeymike@fosstodon.org
            wrote last edited by
            #5

            @Nonilex yup.. by the numbers.. amazing. But he was never a Product guy.. and you could tell. I hope that Apple turns more towards being a product led company again. We shall see!

            1 Reply Last reply
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            • nonilex@masto.aiN nonilex@masto.ai

              #Apple since defined how a modern #tech company operates, with products assembled in a supply chain stretching from giant operations Cook helped create in #China, #India & #Brazil & a retail #business that operates on 5 continents.

              #JohnTernus joined Apple in 2001 & rose through its ranks as he oversaw the development of #Macs & #iPads. He will be Apple’s 8th chief exec since its founding 50 yrs ago & its 3rd since #SteveJobs returned in 1997 to pull the company from the brink of bankruptcy.

              stevel@hachyderm.ioS This user is from outside of this forum
              stevel@hachyderm.ioS This user is from outside of this forum
              stevel@hachyderm.io
              wrote last edited by
              #6

              @Nonilex don't forget the global tax chain which shows that profits are only incurred in low tax/no tax regions

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