TechCrunch·1 day ago·Big Tech
As Tim Cook steps down, Apple hit record sales — but a chip shortage looms
Cook warned that Apple is facing supply-chain headwinds from RAMageddon that could impact its business.
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Cook warned that Apple is facing supply-chain headwinds from RAMageddon that could impact its business.
On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing.
John Ternus, Apple's incoming CEO, is a hardware guy, signaling Apple may be putting devices back at the center of its strategy.
Cook, who joined Apple in 1998, succeeded Steve Jobs as CEO in 2011 and went on to transform Apple into a $4 trillion powerhouse.
Apple's top job comes with almost unrivaled power and money, but it comes with plenty of baggage, too.
Cook will be executive chairman but will no longer run the company day to day.