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Tim Cook Steps Down as Apple CEO After 15 Years of Growth

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Tim Cook is stepping down after 15 years as Apple CEO, following his 2011 transition after the iPhone’s rise created a need to diversify revenue. Under Cook, Apple Pay and Apple Music launched, Mac shifted to Apple’s custom processors, and a 5G modem debuted in iPhone 16E. Apple expanded wearables and health with AirPods and became the first US company to reach $1 trillion market cap.

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