New Delhi: Tim Cook has decided to step down as the CEO of Apple Inc. after leading the company for about 15 years.
Reports say that John Ternus may become the new CEO. Tim Cook is not leaving the company fully. He may continue in a new role as Executive Chairman and help guide the company.
Tim Cook became CEO in 2011 after Steve Jobs passed away. During his time, Apple became one of the world’s biggest companies. The company launched popular products like the iPhone and Apple Watch, and services like Apple Music.
John Ternus is known for working on Apple’s hardware products and is seen as a strong choice to lead the company.
Apple is now focusing on new areas like artificial intelligence and advanced technology. More details about this change are expected soon.