{"id":277495,"date":"2026-04-20T22:06:11","date_gmt":"2026-04-20T22:06:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/277495\/"},"modified":"2026-04-20T22:06:11","modified_gmt":"2026-04-20T22:06:11","slug":"tim-cook-will-step-down-as-apple-ceo-and-hand-reins-over-to-the-iphone-makers-hardware-leader","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/277495\/","title":{"rendered":"Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker\u2019s hardware leader"},"content":{"rendered":"<p>By MICHAEL LIEDTKE<\/p>\n<p>Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company\u2019s market value soar by more than $3.6 trillion during an iPhone-fueled era of prosperity.<\/p>\n<p>Cook, 65, will turn the CEO duties to Apple\u2019s head of hardware engineering, John Ternus, on September 1 while remaining involved with the Cupertino, California, company as executive chairman. That\u2019s similar to the transitions made by Amazon\u2019s Jeff Bezos and Netflix\u2019s Reed Hastings after they ended their highly successful tenures as CEO.<\/p>\n<p>Although he never shook the perception that he lacked Jobs\u2019 vision, Cook leveraged the popularity of the iPhone and other breakthroughs orchestrated by his predecessor to lift Apple to heights that seemed unfathomable when it was on the brink of bankruptcy during the mid-1990s.<\/p>\n","protected":false},"excerpt":{"rendered":"By MICHAEL LIEDTKE Apple CEO Tim Cook is stepping down from the job that he inherited from the&hellip;\n","protected":false},"author":2,"featured_media":277496,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[6856,119824,119825,74,76,75,57042],"class_list":{"0":"post-277495","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-diego","8":"tag-apple","9":"tag-apple-ceo","10":"tag-john-ternus","11":"tag-san-diego","12":"tag-san-diego-headlines","13":"tag-san-diego-news","14":"tag-tim-cook"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/277495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=277495"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/277495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/277496"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=277495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=277495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=277495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}