
"When Tim Cook became CEO in 2011, there were open questions about how Apple, long associated with Jobs, might evolve under Cook, who had previously served as chief operating officer. 'The problem here isn't the operations of Apple and their ability to execute and keep doing what they've been doing,' one analyst told The New York Times just after the resignation. 'The problem, really at the core... is that Steve Jobs's inspiration is irreplaceable.'"
"Apple has arguably remained a technology giant under Cook, including after the departure of its top designer, Jony Ive, in 2019. While the company hasn't announced products as revolutionary as the iPhone, it has released plenty of popular hardware, including the Apple Watch, AirPods, and more."
Tim Cook will step down as CEO of Apple in September, transitioning to executive chairman. John Ternus, currently senior vice president of hardware, will succeed him. Cook's tenure began in 1998, and he became CEO in 2011 after Steve Jobs' resignation. Under Cook, Apple expanded its product lines and global presence, with market capitalization growing from $350 billion to $4 trillion. Despite challenges, Apple maintained its status as a technology leader, launching popular products like the Apple Watch and AirPods.
Read at Fast Company
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