Apple entered a new era on Sept. 1 as John Ternus replaced Tim Cook as CEO.
Cook took the baton from founder Steve Jobs in 2011 and turned the $350 billion company into a $4.5 trillion one. Shares have risen more than 2,200 percent under his leadership.
“Sending lots of love to the Apple community on my last day as CEO. My title changes tomorrow, but the love I have for the Apple community never will,” Cook said in a statement on Aug. 31.
Cook’s tenure saw annual sales grow from $108 billion to $416 billion in its last fiscal year. In 2014, he also created the company’s wearables business, such as the Apple Watch and Airpods, which in fiscal 2025 brought in $35 billion in sales….