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