According to ME News, on August 21 (UTC+8), John Ternus, Senior Vice President of Hardware Engineering at Apple, will succeed Tim Cook as CEO on September 1, 2026. Cook will transition to Executive Chairman of the Board, continuing to assist with company affairs. Since taking over Apple in 2011, Cook has delivered a total stock return of approximately 2,740%, increasing the company’s market capitalization to around $4.63 trillion. Meanwhile, Apple’s latest financial report shows that R&D spending in the third quarter rose 32% year-over-year to $11.7 billion, with a strong focus on artificial intelligence. (Source: BlockBeats)
Apple's new CEO, John Ternus, will assume office on September 1, 2026.
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John Ternus, Apple’s senior vice president of hardware engineering, will become CEO on September 1, 2026, according to on-chain data from MetaEra. Tim Cook will step down to executive chairman after leading Apple since 2011, during which the stock returned 2,740% and the market cap reached $4.63 trillion. The latest financial report shows R&D spending increased 32% year-over-year to $11.7 billion, with a focus on artificial intelligence. Altcoins to watch may react to major tech leadership transitions like this.
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