Apple announced an upcoming leadership change Monday (April 20), saying that John Ternus, senior vice president of hardware engineering, will succeed Tim Cook as CEO, effective Sept. 1. Ternus will also join the board of directors on that day. The transition follows a long-term succession planning process and was...
The wave of executive departures hitting Apple recently may not yet have crested. Johny Srouji, senior vice president of hardware technologies, recently informed CEO Tim Cook that he is thinking seriously about stepping down in the near future, Bloomberg News reported Saturday (Dec. 6), citing sources...
Apple is reportedly preparing to name a new leader to replace longtime CEO Tim Cook. Cook, who has led Apple for more than 14 years, could step down as soon as next year, the Financial Times (FT) reported Friday (Nov. 14), citing sources familiar with...
When Apple holds its product launch event on Tuesday (Sept. 9), most of the changes it unveils will reportedly involve hardware rather than software. The announcements will include the next generation of the iPhone, which accounts for about half of the company’s sales, Bloomberg reported Friday (Sept....
October 31, 2024
Apple outlined its artificial intelligence (AI) strategy during Thursday’s earnings call, announcing December plans for ChatGPT integration and expanded language support for its recently launched Apple Intelligence system. The company reported $94.9 billion in quarterly revenue. The announcements follow Monday’s release of Apple Intelligence, which introduced AI-powered writing tools and photo features. CEO Tim Cook […]
August 01, 2024
Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts to build out its ecosystem....
May 02, 2024
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up...
December 12, 2019
In today’s top news in payments, Mastercard announces the launch of a new digital identification program that can instantly authenticate someone’s identity, and Apple’s Tim Cook defends monopolies. Also, Bill...
September 02, 2026
Apple’s new CEO previewed a “phenomenal” iPhone launch in his first comments to employees. John Ternus became Apple’s chief executive Monday (Sept. 1), and used part of his introductory memo to workers to tout the company’s annual September product showcase next week, Bloomberg News reported. “We have a huge launch next week that’s going to […]
April 20, 2026
Apple announced an upcoming leadership change Monday (April 20), saying that John Ternus, senior vice president of hardware engineering, will succeed Tim Cook as CEO, effective Sept. 1. Ternus will also join the board...
December 07, 2025
The wave of executive departures hitting Apple recently may not yet have crested. Johny Srouji, senior vice president of hardware technologies, recently informed CEO Tim Cook that he is thinking seriously...
November 16, 2025
Apple is reportedly preparing to name a new leader to replace longtime CEO Tim Cook. Cook, who has led Apple for more than 14 years, could step down as soon...