Tim Cook steps down as Apple CEO

Apple CEO Tim Cook is stepping down, handing leadership to John Ternus, the current senior vice president of Hardware Engineering. This transition, anticipated by media reports and Apple's own actions, marks a significant moment for the influential tech company. While Cook's tenure saw immense financial success and the introduction of widely adopted accessories like AirPods and the Apple Watch, it's noted for less groundbreaking hardware compared to the Jobs era. Instead, Cook's Apple excelled at creating products that complemented existing devices and strengthened the company's ecosystem, alongside substantial growth in its services division.