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.
Tim Cook plans to step down from his CEO role in September, handing the reins to hardware chief John Ternus. Ternus may be inheriting one of the most durable businesses in tech, but he’s also stepping into a very different ecosystemthan the one Cook spent decades shaping. The App Store’s 30% cut is under pressure, the behind-the-scenes power Apple once […]
Under Cook, Apple became hugely successful, if not always surprising.
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.