Tim Cook Hands CEO Role to John Ternus as Apple Reaches $4.7 Trillion Valuation
Apple reaches a $4.7 trillion valuation and has driven strong long-term compounding during Tim Cook’s tenure, with returns cited since he took over in 2011. The leadership handoff is highlighted: Cook moves to executive board chair and John Ternus becomes CEO, with Apple’s recent earnings and shareholder payouts described alongside optimism about AI and Services growth.